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Welcome to Cranbrook Colony, one of Royal Wood's finest condo villages. This TOP FLOOR END UNIT WITH THREE BEDROOMS AND TWO BATHS PLUS ONE-CAR DETACHED GARAGE is perfectly priced and ready for you to move in and enjoy Florida living at its best. Upon entering, one will notice the vaulted ceilings and gorgeous natural wood- color vinyl plank flooring throughout. Additional highlights include a second window in the second bedroom and a window in the den, allowing extra light. Additional features include a walk-in primary bedroom closet, large laundry room with washer, dryer, and plenty of storage for your beach supplies. Roll-down storm shutters on your lanai provide peace of mind. Enjoy your morning coffee or your favorite beverage on your private screened-in lanai overlooking the golf course or meet your new neighbors at Cranbrook's pool, tennis courts w/pickleball lines, and bocce courts or bike or drive to the clubhouse to enjoy the restaurant, fitness center, pro-shop, library, fire pit, etc. Royal Wood offers an 18-hole championship golf course w/multiple tees, 2 practice areas & walk-on privileges. Golf memberships are immediate with no waitlist & 70 brand new golf carts add to the fun! Social activities include live music, happy hours, cards, trivia, bingo, cornhole games, golf scrambles, holiday dinner dances & more! Located just 6 miles from Naples' famous 5TH AVE South, 3RD ST South & beautiful Gulf beaches, Royal Wood is just a few short miles from Naples Pickleball Center, Celebration "food truck" Park, Tin City, Sugden Park, Naples Botanical Gardens, Physicians Regional Hospital & more. Take a 15-mile drive to beautiful Isles of Capri or Marco Island and enjoy your new hometown.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$284,500
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 | $227,600 | $227,600 | $227,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.132% | 5.541% |
| Monthly Tax Payment | $211 | $211 | $211 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,274 | $1,363 | $1,830 |
| Total Monthly Payment | $1,559 | $1,648 | $2,115 |
* 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.