This rarely available, corner, end unit has so much to offer, from being completely renovated to its picturesque views of Naples Bay and the prime location in historic Old Naples. The kitchen combines function and character, with a larger refrigerator, 4-burner stove top, granite counter tops, and fun microwave and backsplash. The bathroom has been updated to include an additional closet, contemporary glass shower doors and tile, and granite vanity top. Other features include a tile floor, attractive furnishings, and sheer and room darkening draperies. One of the more special upgrades is the aluminum panel water barrier system by Garrison that is effective and simple to install. The Cove Inn on Naples Bay is a quintessential get-away home, as well as an opportunity to earn rental income. Owners also have the option of joining the exclusive Cove Yacht Club which provides members use of the coveted private Chickee Bar. The Cove Inn's Coffee Shoppe is also well known among locals for its delicious, classic, American breakfast. The ideal location is adjacent to the Boathouse, the Dock and other Crayton Cove restaurants, and less than a mile to downtown Naples’ bustling shops, restaurants and festivities, not to mention its famous Gulf of Mexico beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$442,000
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 | $353,600 | $353,600 | $353,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $245 | $245 | $245 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,382 | $2,350 | $2,982 |
Total Monthly Payment | $2,702 | $2,670 | $3,302 |
* 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.