Thoughtfully constructed & lovingly maintained by its original owners, this Kings Lake home sits on a prime oversized lot showcasing a mesmerizing long & wide lake view. Extra care was taken during construction, creating a solidly built home encompassing more than 3, 100 square feet of living that will give you comfort. Newer big-ticket items, including the roof, two air-conditioning systems, and the pool pump, take these off your plate so you can concentrate on making the interior your own. Impact glass sliders from the kitchen, living area, and master bedroom all lead to the huge lanai where the concrete pool & spa, recently acid washed, are surrounded by a reinforced screen cage. Inside, soaring cathedral ceilings enhance the feeling of space amidst this spacious floor plan that treats you to split bedrooms, separate formal and casual living spaces, three full baths, and a dedicated laundry with lots of storage. Two distinct features include a steam shower in the fourth bedroom and a gas fireplace in the back family room. A brick paver drive leads to the two-car garage and a brick paver walkway winds through the meticulous landscape to the front screened porch. Kings Lake is a community where you have space between your neighbors, the fees are low, and the location is convenient to everything Naples has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,115,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $892,000 | $892,000 | $892,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $50 | $50 | $50 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,712 | $5,712 | $7,770 |
Total Monthly Payment | $5,887 | $5,887 | $7,945 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.