** SELLER IS OFFERING A 2 POINT BUY DOWN ON INTEREST RATE -- PER SANIBEL/CAPTIVA BANK THAT IS A COST OF $15K ** HUGE SAVINGS TO THE BUYER WITH RATES CURRENTLY AT 7. 5%!!** Agent's please see confidential notes**
Located w/in SECONDS from I-75 CONVENIENTLY b/w Punta Gorda & Ft Myers! Quintessential Hallmark House is for Sale! Sprawling 2. 7 Acres of Land w/ the Dreamiest Winding Driveway! Do you work from home? Homeschool? Would love an Air BNB? YOU CAN DO ALL OF THAT HERE! This Compound Offers Custom NEWLY Remodeled SFH (2023), Darling Guest Home & 50 Ft Barn! Main Home has 4 Huge Beds, 2 Full Baths & Endless Renovation List! Notably: New LVP Wide Plank White Oak Flooring, New Custom Millwork throughout, New Wooden Beamed Entry-Way to the New Cooks Kitchen, New Fireplace Surround, New Large White Utility Bench w/ Designer Glass Tile, New Custom Kitchen Cabinets, Granite, Large Walk-In Pantry, Designer Lighting, New Master En-Suite Compete w/ Shiplap & ALL THE LUXURIES OF COMFORT. Guest House Features Large Family Room, Full Bath & Large Bed. 50 Ft Barn is Equipped w/ a 60 amp Service, TONS of Options for RV storage/Conversion to Hold Your Sweet Horses! Lovingly Cared for & Peace of Mind Accompanies w/ New AC Units, New Roof's, Whole Home R/O system & plenty of Room to add Pool! Live in the Country w/ Convenience of City Near! NO RESTRICTIONS & NO HOA! NOTABLE MENTION - ABOVE THE GARAGE IS A FINISHED/AC ROOM THAT COULD BE EASILY CONVERTED INTO ADDITIONAL LIVING SPACE W/IN THE MAIN HOME ON THE SECOND FLOOR! SO MUCH OPPORTUNITY! DOES NOT FLOOD!
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Our Executive Mortgage Banker:
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $174 | $174 | $174 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,390 | $5,322 | $7,135 |
Total Monthly Payment | $5,656 | $5,496 | $7,309 |
* 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.