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New to the market in Regent Park (North Naples - 34109. ) DEAL ALERT! This attached villa needs some TLC but is priced below market. With a little elbow grease, sweat equity and ingenuity it could be a real creampuff. It is being sold turnkey-furnished and features two bedrooms plus a den and a great room floor plan with high ceilings. All tile flooring throughout as well as newer HVAC (2022) and water heater (2023. ) Eat-in kitchen with breakfast bar plus separate dining area in living room. Screened entry and screened lanai with Western exposure. Just steps from one of two heated pools. Owners also have use of the Regent Park Master Association heated pool and lighted tennis/basketball courts. Covered parking (carport space) and extra storage. This is not a condo but rather an attached villa in an HOA so qualifies for single family home financing. The low HOA fee covers water, sewer, landscaping, irrigation, roofs, exterior paint, professional management, etc. Prime North Naples location close to everything. Quiet, low-density, pet-friendly complex with no CDD, no special assessments and not 55+. The last time a villa sold in the complex below $250k was 2022 so this is a great opportunity for the right buyer. Even the barbeque grill is included!
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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 | $199,200 | $199,200 | $199,200 |
| 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 | $63 | $63 | $63 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,193 | $1,258 | $1,654 |
| Total Monthly Payment | $1,331 | $1,396 | $1,792 |
* 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.