Welcome to an absolutely stunning pool home very meticulously maintained - DIRECTLY ON THE CANAL WITH GULF ACCESS - in one of the nicest and best neighborhoods of Cape Coral. Very LOW MAINTENANCE cost due to solar panels which heat the pool, lower the electic bill substantially, no HOA fees, etc. The private dock features a 10, 000-pound boat lift and provides you access to the Gulf of Mexico. Just 3 beautiful miles away (a 35-minute journey), you'll reach the Gulf! This very nicely and appealingly upgraded home features 3 spacious bedrooms with beautiful water views. This can either be your perfect all-year-round residence or an outstanding investment opportunity with excellent rental income. The house comes furnished, ready for you to move into Florida's paradise and start an active, very relaxing and happy lifestyle!
Enjoy the morning sun and take a nice refreshing swim in your solar heated saltwater pool to start a great day, dry off with a cup of coffee on your pool deck, and get ready for an amazing day in the best location! In the evenings, enjoy entertaining friends for dinner on the spacious screened lanai, overlooking the water. Perhaps even hop on the boat for an evening ride!
This home ensures you "Sleep Well At Night" (an excellent SWAN investment): With its elevation and excellent location, plus the fact that it is not in a flood zone and has never experienced any flooding ever, there is nothing to worry about! It is hurricane safe, very well maintained and even the solar panels still have a 10 year warranty. The shingle roof is only 7 years old and in excellent shape, and solar panels have been added to heat the pool and still have a 10-year warranty. The solar energy lowers your electrical cost! Also, the lanai screens were recently replaced. If you want to enjoy a good lifestyle, this is it!
Excellent price for the value you get! This home has also never been leased out, ensuring it is in excellent condition! Excellent SWAN investment opportunity with no headaches! Enjoy the best lifestyle of Florida in Cape Coral's best location - ready to move in and hop on your boat!
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$689,000
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 | $551,200 | $551,200 | $551,200 |
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 | $665 | $665 | $665 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,760 | $3,663 | $4,648 |
Total Monthly Payment | $4,517 | $4,420 | $5,405 |
* 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.