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Presented by
Matz Group |
RARE DOUBLE LOT PROPERTY in NW Cape Coral!! Nestled on a generous 0. 50-ACRE LOT, this property offers endless possibilities. Build additional storage, add a guest home, plant fruit trees, or even divide the lot to construct another home and sell it! The main residence is FULLY FENCED with a high-quality, CONCRETE-REINFORCED FENCE, featuring a convenient trailer entry on the side street for easy access. The home boasts a newer METAL roof, completed in 2022, ensuring durability and comfort throughout the year. Inside, you’ll find an open-concept layout with high ceilings and elegant laminate flooring. The master suite is a true retreat, featuring an oversized closet, dual vanities, a luxurious hot tub, and a tiled walk-in shower. The expansive backyard offers privacy and space for all your outdoor needs, complemented by a variety of fruit trees, including soursop and mango. Additional features include a newer AC unit from 2019, a covered screened lanai, a two-car garage, and an underground propane tank connection for a whole-house generator. Located in the sought-after NW Cape Coral area, this home is conveniently close to schools, shopping, and recreational amenities. Don’t miss the opportunity to own this ONE OF A KIND PROPERTY on a OVERSIZED LOT. Schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$449,000
Sales Associates
William Raveis Real Estate
Phone: 239.404.1299
MatzGroup@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 | $359,200 | $359,200 | $359,200 |
| 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% | 6.144% | 5.541% |
| Monthly Tax Payment | $338 | $338 | $338 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,011 | $2,151 | $2,888 |
| Total Monthly Payment | $2,424 | $2,564 | $3,301 |
* 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.