Fall in love with the only property available in Telegraph Creek Estates! This beautifully situated corner lot offers just under one acre of land with tons of space to build your beautiful home. The lot is cleared, strategically lined with large oak trees, and has some fill dirt already on the property. Telegraph Creek Estates is a deed-restricted community that has a minimum square footage of 2, 000 square feet for new construction. Located off of the very desirable North River Road giving quick access to tons of local attractions such as the Franklin Locks Park and Caloosahatchee Regional Park which offers equestrian trails, hiking, biking trails, kayaking, and much more. With easy access to I-75 and Fort Myers, you're close to everything that Southwest Florida has to offer which includes our booming river district and Downtown Fort Myers, sunny and beautiful beaches, Babcock Ranch, and tons of shopping and dining options. Don't miss out! There are not many opportunities left to build in this beautiful neighborhood. Enjoy life out in the beautiful countryside of Alva.
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Our Executive Mortgage Banker:
Our Insurance Division:
$95,000
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 | $76,000 | $76,000 | $76,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $518 | $505 | $641 |
Total Monthly Payment | $593 | $580 | $716 |
* 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.