Are you looking for the perfect investment property? Or are you a first-time home buyer looking to purchase your first home and investment property all in one? Check out this very well-maintained oversized Duplex in SE Cape Coral. One side is currently on a yearly lease with long-term neat tenants. The second side is not currently rented out, a perfect opportunity for a buyer looking to live on one side and rent out the other! The property is centrally located near multiple amenities and restaurants. Sunspalsh Waterpark is just down the road! The roof was replaced in 2021 and the A/C on unit 522 was replaced in 2022. Both sides have tile floors throughout, under truss lanais, 3 bedrooms, 2 bathrooms, and the primary bedrooms have walk-in closets. Unit 522 has an enclosed lanai, perfect for extra living space and 524 has a screened-in lanai. The backyard is fenced-in and divided between the two units.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $617 | $617 | $617 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,001 | $2,924 | $3,772 |
Total Monthly Payment | $3,710 | $3,633 | $4,481 |
* 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.