GREAT INVESTMENT OPPORTUNITY in Cape Coral’s most sought-after neighborhood! Meticulously maintained 3-bedroom, 2-bathroom home located in desirable SW Cape Coral offers an excellent return potential. KEY FEATURES: 2023 ROOF: A brand-new roof means added peace of mind and long-term value for this home, reducing future maintenance costs. SCREENED LANAI/POOL: Enjoy a Florida lifestyle with a screened lanai that features a heated newly resurfaced pool (2021), perfect for relaxation or entertaining guests year-round. SPACIOUS FLOOR PLAN: With over 1, 800 square feet of living space and vaulted ceilings, the home offers an open and functional layout that can be easily customized to suit your needs. Whether hosting family gatherings or relaxing in comfort, this home provides the space you need. DEN FOR HOME OFFICE: The additional den is ideal for those working from home or in need of a private study, office, or hobby room. This versatile space can adapt to your lifestyle. GENEROUS BACKYARD SPACE: While the backyard isn’t fully private, it offers ample room for outdoor activities or future enhancements like privacy hedge/fence, landscaping, fruit trees or a garden, with plenty of potential to personalize. WELL-SIZED ROOMS: The master suite features a walk-in closet and an en-suite bath with dual vanities, while the two additional bedrooms are spacious and functional for family members or guests. PRIME LOCATION: Located in one of Cape Coral’s most desirable neighborhoods, this home is just minutes away from shopping, dining, schools, parks, and other local amenities. Its prime location adds to its appeal for potential renters or long-term resale value. Whether you’re looking for a great family home, a rental property, or a solid investment, this home checks all the boxes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$414,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $331,200 | $331,200 | $331,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.153% | 7.159% | 6.276% |
Monthly Tax Payment | $615 | $615 | $615 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,148 | $2,201 | $2,793 |
Total Monthly Payment | $2,838 | $2,891 | $3,483 |
* 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.