Rarely do you come across a home in the Cascades that has been maintained and upgraded to this extent at this price! Highlighted by its prime waterfront lot and complimented by significant improvements such as hurricane impact windows (2022), replaced HVAC and Water Heater (2021), custom closet system (2023), and complete exterior and interior paint (2023). This home needs to be seen and appreciated, with an incredible waterfront view from the oversized lanai offering covered and uncovered living space from the screened enclosure out of the unscreened outdoor area. Inside, the home is just as impressive with a premium cornerstone kitchen, KitchenAid stainless appliance package, crown moldings throughout, plantation shutters, and more! Other upgrades include wood flooring in the owner’s bedroom and den, a premium landscaping package, and a Murphy bed in the den. The Cascades is a sought-after 55+ community that underwent a complete clubhouse modernization and features pickleball courts, tennis courts, bocce courts, a billiards room, a card room, a craft space, a library, a large fitness center with a sauna, a satellite pool, a community spa, and a large resort-style pool with indoor/outdoor swimming and a full-time social activities director.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
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 | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $356 | $356 | $356 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,549 | $2,549 | $3,248 |
Total Monthly Payment | $2,980 | $2,980 | $3,679 |
* 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.