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One or more photo(s) has been virtually staged, AI generated or rendered. SELLER FINANCING AVAILABLE FOR QUALIFIED BUYERS! Welcome to Newcastle at the renowned Berkshire Lakes, in the heart of Naples! This inviting 2-bedroom, 2-bathroom condo offers 1, 300 square feet of comfortable living space, perfectly designed for modern convenience and leisure. Step inside to find a bright and spacious first-floor unit adorned with elegant tile floors in the living areas and newly added quality laminate floors in the bedrooms. The eat-in kitchen features sleek stainless steel appliances, granite countertops, and custom wood cabinetry, making meal preparation and entertaining a delight. The bathrooms have been fully renovated, featuring granite countertops and a luxurious glass shower in the master bathroom, adding a touch of elegance and modernity to your daily routine. Relax on the screened lanai with expansive green space views, providing unparalleled privacy, or take a dip in the community pool. This home is fully hurricane-proof, boasting shutters throughout and a large electric shutter on the lanai, ensuring peace of mind during stormy weather. Recently repiped with PEX piping and a new A/C unit, this condo is move-in ready and low-maintenance. Berkshire Lakes offers a wealth of amenities, including tennis, plus pickleball courts and common outdoor spaces, including a fishing pier, ideal for socializing or unwinding. With guest parking and a designated owner spot right at your doorstep, convenience is paramount. Located near pristine beaches, vibrant shopping, exquisite dining options, and more, this property is not only an idyllic seasonal home but also an attractive investment opportunity for rental income. Additionally, the unit is also available for rent, annual minimum with immediate occupancy at a rate of $2, 150/month. Experience the allure of Naples living in this charming community today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $223,920 | $223,920 | $223,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $186 | $186 | $186 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,325 | $1,379 | $1,815 |
| Total Monthly Payment | $1,586 | $1,640 | $2,076 |
* 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.