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One or more photo(s) has been virtually staged, AI generated or rendered. This impeccably updated villa home boasts a new roof and gutters (2021), newly installed paver driveway and walkway (2025), and a recently upgraded air-conditioning system (2022) with five years remaining on the warranty. The kitchen features modern quartz countertops, a stylish porcelain backsplash and newer stainless appliances, while both baths offer new white shaker vanities with quartz surfaces. Additional highlights include an extended screened lanai, tile flooring throughout, vaulted ceilings, plantation shutters and an American Home Shield Home Warranty until end of 2026. The residence is on a tranquil cul-de-sac street overlooking a private preserve and is maintained in pristine condition. In Monterey, a desirable community less than three miles from Vanderbilt Beach and just two miles from Mercato and the Waterside Shops, residents enjoy a 24-hour gated guardhouse, a renovated award-winning clubhouse suited for private functions and community events, a fitness center, billiards room, children's play area, heated lap pool, three Har-Tru tennis courts, pickleball and basketball court, as well as fiber optic internet and cable. The neighborhood has A-rated public schools and several excellent private school options nearby. Guest bedroom is virtually rendered.
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Our Executive Mortgage Banker:
Our Insurance Division:
$545,000
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 | $436,000 | $436,000 | $436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | $320 | $320 | $320 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,611 | $2,753 | $3,621 |
| Total Monthly Payment | $3,023 | $3,165 | $4,033 |
* 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.