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Great opportunity to own a well-maintained 2 bedroom, 2 bath Devonwood floor plan with a tenant already in place at $2, 100 per month through September 30, 2026. Buyer to assume the current lease, making this an ideal turnkey investment property with immediate income. This inviting great room floor plan is perfect for entertaining, with the kitchen overlooking the great room, breakfast area, dining space, and the screened rear lanai. Relax on the lanai while enjoying peaceful golf course views of the 11th hole. The spacious primary bedroom features a walk-in closet and an attached bath with a walk-in shower. Additional highlights include A/C replaced in 2017 and water heater replaced in 2016. A detached carport and private storage area add convenience and extra space. Association fees provide excellent value and include water, basic cable and internet through Xfinity, interior pest control, and reserves for pressure washing, building painting, and roof replacement. A fantastic chance to own a low-maintenance property with built-in rental income in a desirable golf course community! Stoneybrook is an incredible value with Internet and cable included, and the amenities offer something for everyone! Enjoy access to an exercise room, 3 community pools, tennis courts, pickleball, volleyball, basketball, bocce ball, a playground, and even a baseball field. The public golf course means you can pay as you play—no membership required. You're just a short drive to the golf clubhouse, CVS, Publix, Miromar Outlets, and Hertz Arena. With low association fees and a full range of amenities, it’s easy to see why Stoneybrook remains one of Estero’s most popular communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$275,000
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 |
|
|---|---|---|---|
| Loan Amount | $220,000 | $220,000 | $220,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.533% | 5.900% |
| Monthly Tax Payment | $374 | $374 | $374 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,319 | $1,373 | $1,812 |
| Total Monthly Payment | $1,768 | $1,822 | $2,261 |
* 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.