Explore this delightful 2-bedroom, 1-bathroom home situated in the highly sought-after Yacht Club area, known as the heart of South Cape Coral. This property offers the perfect opportunity for a rental investment, an ideal first-time home for new buyers, or a serene seasonal residence for those looking to escape to Florida's sunshine.
The home features an impressive oversized lot that ensures plenty of outdoor space for activities or gardening. The entire property is fenced in for added privacy and security. You’ll appreciate the convenience of a carport, providing shelter for your vehicle. The interior includes dedicated laundry facilities, making daily chores a breeze. Additionally, the Florida room adds valuable extra space, perfect for a sunlit reading nook, office, or casual entertaining area.
Cape Coral is renowned for its family-friendly attractions and abundant outdoor activities. Enjoy kayaking along scenic waterways, boating on the stunning gulf, or exploring ecological trails that showcase the region's natural beauty. Birdwatching and fishing opportunities abound, appealing to nature lovers and sports enthusiasts alike.
This charming home is ideally located near the Cape Coral Parkway Bridge, granting you quick and easy access to Fort Myers, Fort Myers Beach, and the vibrant Downtown Cape Coral. You'll love the variety of waterfront dining options available, and don’t forget to check out the new Bimini Square for shopping, dining, and entertainment. This is not just a home; it’s a lifestyle waiting for you to embrace!
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,900
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 | $199,920 | $199,920 | $199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,330 | $1,329 | $1,714 |
Total Monthly Payment | $1,749 | $1,748 | $2,133 |
* 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.