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One or more photo(s) has been virtually staged. Build your dream home on this vacant lot located in the growing Northeast Cape Coral area. Situated on Kismet Parkway with frontage along a main road, this property offers plenty of space for a custom home with room for a circular driveway, outdoor living, pool, or additional garage space. Conveniently located near shopping, restaurants, grocery stores, schools, parks, and everyday conveniences, while still offering the feel of a residential setting. Easy access to Del Prado Blvd, US-41, Pine Island Rd, and I-75 makes commuting throughout Southwest Florida simple. Just a short drive to Fort Myers, Punta Gorda, waterfront dining, boating, golf courses, and some of Southwest Florida’s beautiful Gulf beaches. This lot is also a great opportunity for future investment in one of Cape Coral’s fastest-growing areas.
Disclaimer: Any home rendering, floor plan, or construction image shown is for marketing and visualization purposes only and does not represent approved plans or existing improvements on the property.
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William Raveis Mortgage, LLC
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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 | $44,000 | $44,000 | $44,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.628% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $264 | $278 | $362 |
| Total Monthly Payment | $339 | $353 | $437 |
* 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.