Welcome to Paradise. Here’s your opportunity to own a much sought after Villa at Cinnamon Cove located within a few miles to Sanibel and Fort Myers Beach. This 2 bedroom villa has been completely remodeled. This villa boasts a highly desired large front air conditioned Florida room, which adds approximately 300 ft. ² of living space. New air conditioner condenser unit was installed with all new duct work in 2022 and hot water tank. New roof 2023. A vaulted ceiling adds an open concept to the living space. The kitchen offers all brand new stainless steel Whirlpool appliances, a double stainless steel sink with beautiful quartz countertops. It features, a pantry and coffee bar with shaker, solid wood, soft close cabinetry with plenty of storage space. Neutral colored luxury vinyl Cor~Tex flooring throughout with new high-end Shaw neutral color carpet in each bedroom. The back screened lanai has ceramic tile and a full laundry. The main bedroom has a feature wall with white bead board with a decorative shelf. The room is large enough for a king size bed. The main bathroom has a walk-in tiled shower, double sink, and a very large vanity. The guest bedroom has an adjoining bath with a tub shower, both bedrooms have walk-in closets for plenty of storage. This is a beautiful villa in a very active vibrant community. Cinnamon Cove provides many amenities, including a clubhouse with a state of the art gym room, many sports courts, an Olympic size pool, and hot tub. The villa is located in walking distance to the beautiful Bayleaf pool. Whether you choose year round or seasonable living, there’s nothing like walking into your own home. Location, location, location, is everything! The community is located very conveniently to many entertainment and dining opportunities and very close to Lee Health medical center. Ready to move right in. Welcome Home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,900
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 | $239,920 | $239,920 | $239,920 |
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% | 7.159% | 6.538% |
Monthly Tax Payment | $1 | $1 | $1 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,637 | $1,595 | $2,057 |
Total Monthly Payment | $1,713 | $1,671 | $2,133 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.