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INVESTOR ALERT!! Check out this 2 bedroom, 2 bath END UNIT condo on the 2nd floor in the beautiful Pines of Deep Creek! NOT IN THE FLOOD ZONE. The current tenant has been there for many years and would love to stay, making this an ideal option for an owner looking for an investment for future use. Laundry closet with stacked washer/dryer in unit. Water views from large, screened balcony. Hurricane Impact windows installed 8/24, Roof 12/2017, AC 7/2015, HWT 6/2014. This immaculate community has a sparkling clean pool, deck, and clubhouse, and tennis court, all for a very LOW condo fee!! Deep Creek is a favorite area among Snowbirds & year-round residents, and golfers love the PUBLIC Deep Creek Golf Club just a short stroll away! Numerous choices for dining, drinking & socializing right within this deed restricted community of Deep Creek! Punta Gorda airport is just a short drive away. The pristine Gulf beaches of Siesta Key, Manasota, Englewood & Ft Myers all within a short drive! Start your new Florida lifestyle in beautiful Deep Creek. Make your appointment today to see this conveniently located, friendly community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$125,000
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 | $100,000 | $100,000 | $100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $200 | $200 | $200 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $599 | $624 | $824 |
| Total Monthly Payment | $874 | $899 | $1,099 |
* 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.