Live the vacation lifestyle in stunning Rapallo at Coconut Point. Coveted First Floor, outstanding serene private lake views from this ground floor coach home, true 3 BEDROOM condo, high impact glass, new roof, open floorplan with attached garage. Highly desirable location near the villas in main section of Rapallo separate from Enclave. One of the most sought-after buyer criteria in a search is to locate a residence in town where you can be very close in proximity to dining and shops. This is one of those rare finds as the community is so close to where people congregate in the nearby (town center-like) plaza of Coconut Point in outside cafes, restaurants and shops. This is such a unique community also because it is built and maintained with an artisan's vision that is one of a kind in the area for it's lushly landscaping, bridges and gorgeous architecture. 24 hour gated front entry, tennis, fitness center, walking trail, bocce ball, screen lap swimming pool and exterior heated resort pool and spa. This is all included in your fees.
In MLS: Development Name: Coconut Point Subdivision: Rapallo
All new roofs in community yr 2022. Desirable southern exposure, lake and fountain views. This bright one-story gorgeous residence boasts spacious kitchen with granite counters and light cabinetry. Amazing opportunity for a fortunate buyer to own this gorgeous property. Modern floorplan with kitchen looking out to the great room. The lanai patio is sensational as it looks out to a beautiful view of the lake. Three features combined make this one special: (1) 3 Bedrooms (2) First floor (3) Gorgeous lake view in located in Rapallo's main area of the community. Rapallo is truly a must-see. Be sure this stunning community is seen before you make a purchase.
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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 | $387,920 | $387,920 | $387,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $381 | $381 | $381 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,581 | $2,613 | $3,326 |
Total Monthly Payment | $3,037 | $3,069 | $3,782 |
* 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.