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FINAL PRICE IMPROVEMENT! NOW OFFERED AT $749, 000 + SELLER OFFERING $20, 000 TOWARDS BUYER CLOSING COSTS/PREPAIDS! Aggressively priced to sell, this 2024 CONTEMPORARY LUXURY HOME in desirable NW Cape Coral offers exceptional value, strong rental income potential & long-term equity growth! Home is currently rented and will be brought back to NEW CONDITION upon tenant move-out. This MODERN RESIDENCE features approx 2, 420 SQ FT under air with OPEN-CONCEPT DESIGN, SPANISH PORCELAIN TILE THROUGHOUT, soaring 16-FT COVE CEILINGS, IMPACT-RESISTANT DOORS/WINDOWS & upscale finishes throughout. Stunning GREAT ROOM showcases FEATURE WALL w/ ELECTRIC FIREPLACE & built-in 75” TV. CHEF’S KITCHEN features CUSTOM CABINETRY, QUARTZ COUNTERTOPS, FULL BACKSPLASH, FARMHOUSE SINK, WALK-IN PANTRY, STAINLESS STEEL SMART APPLIANCES & oversized island. BAR/COFFEE STATION includes WINE COOLER & LED-LIT GLASS CABINETS. Spacious PRIMARY SUITE offers dual walk-in closets & SPA-STYLE BATH w/ walk-through rainfall shower, soaking tub & custom vanities. Split floor plan includes SECOND MASTER SUITE plus guest bedroom. Enjoy SWFL outdoor living with OVERSIZED POOL, OUTDOOR KITCHEN, fenced yard & tropical landscaping. Spacious 3-CAR GARAGE! Located near future SEVEN ISLANDS waterfront development w/ planned marinas, dining, parks & resort amenities. NO HOA & NO FLOOD INSURANCE REQUIRED with LOMA LETTER!
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:
$749,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $599,200 | $599,200 | $599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | $947 | $947 | $947 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,689 | $3,837 | $5,016 |
| Total Monthly Payment | $4,728 | $4,876 | $6,055 |
* 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.