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Welcome to 42455 Cascade Drive, a 4 bedroom, 2 bathroom pool home offering 1, 849 square feet under air, located in the Northridge neighborhood of Babcock Ranch. This property is unequivocally the most affordable pool home currently available in all of Babcock Ranch, making it a standout opportunity for buyers seeking exceptional value. Positioned on a lakefront homesite, the backyard delivers peaceful water views that can be enjoyed directly from the pool, creating a true Florida lifestyle setting ideal for relaxing, entertaining, or unwinding at the end of the day. The kitchen features granite countertops and opens seamlessly to the main living areas, which are finished with attractive plank tile flooring, while the bedrooms are comfortably carpeted. Northridge is especially desirable for commuters thanks to its convenient access to Route 31, while still offering proximity to all community amenities. HOA fees include lawn care, high-speed internet, and access to both town pools, along with a robust calendar of community events and activities. With a private pool, serene lake views, and a price point unmatched anywhere else in the community, this home represents a rare opportunity to own a pool home in Babcock Ranch at the lowest available entry point.
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:
$470,000
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 | $376,000 | $376,000 | $376,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.197% | 6.156% | 5.609% |
| Monthly Tax Payment | $764 | $764 | $764 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,135 | $2,252 | $3,047 |
| Total Monthly Payment | $2,974 | $3,091 | $3,886 |
* 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.