Starting with one of the prettiest long lake views, this second floor coach home is loaded with upgrades. New A/C in 2023, Hot water heater 2018, All new crown molding, baseboards, door trim and all new tile bathrooms, tile shower and tub in second bathroom. New toilets and faucets in the bathrooms. New seamless shower door in 2020. All new LED can lights, ceiling fans and light fixtures. Appliances were replaced in 2020 with a new dishwasher in 2024. Granite was installed in 2020. A closet was added to the den making it a true third bedroom. Air Ducts were cleaning in 2024, new screening on Lanai in 2022 and all new cabinet knobs replaced throughout. This Tellero Model is known for a very open concept. The cook of the house can see out to the water and fountains from the kitchen. Rapallo is a Mediterranean style resort community loaded with great amenities such as, two lagoon pools with rock grotto waterfalls, spa, jr olympic screened lap pool, clubhouse with full catering kitchen, and library. 5 har tru tennis courts with a full time tennis pro. State of the art fitness center with full time fitness director, and the Activity Director will keep your calendar full. Lakes, fountains, Botanical Gardens add to the ambience of Rapallo. Jogging and walking path, fishing piers, and Bocce Ball adds to Rapallo being the place to live. Rapallo is the safest place to be during a hurricane. New roofs, Hurricane windows, no flooding and very little power outages. The best part walk to the Coconut Point Mall, and soon the new Marketplace right out front, only 12 miles to the International Airport, and just minutes to the beaches.
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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 | $415,920 | $415,920 | $415,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.171% | 6.276% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,732 | $2,764 | $3,508 |
Total Monthly Payment | $3,226 | $3,258 | $4,002 |
* 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.