New to market! This Second floor End Unit #M206, offers extra privacy; an extra window in each of the two bedrooms with additional natural light, along with fresh cross breezes throughout. The screened lanai overlooks lush vegetation and trees. The assigned parking space is conveniently located near the stairway to the second floor and near the common elevator. This building’s exterior is scheduled to be completely repainted in a lighter & softer tone with white trim. All of the buildings’ roofs, in this beautiful and well cared for Naples Sandpiper Bay Club (NSBC) community, were replaced in 2019 as a result of Hurricane Irma. At no time since this community was built in 1987, have any first floor units been flooded! The community offers a Clubhouse with a function room and kitchen and also a big screen TV. Also offered are two large heated pools with newer and larger paver decks, with newer lounge chairs, tables with umbrellas and chairs and remodeled rest rooms. This community is close to Bay Front, Naples Bay Resort, Tin City and Downtown Naples’ 5th Ave. So. , 3rd St. So. and the surroundings areas with its many restaurants, shops and art studios. Of course, it is only a short ride (approx. 10-15 minutes) to the beautiful; soft sandy beaches of Naples.
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Our Executive Mortgage Banker:
Our Insurance Division:
$369,000
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 | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.295% | 7.408% | 6.623% |
Monthly Tax Payment | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,989 | $2,014 | $2,551 |
Total Monthly Payment | $2,296 | $2,321 | $2,858 |
* 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.