Under Construction. This Modern Design home has 3 Bedrooms with a study/den and has 1855 square feet of living space. Island Kitchen, Granite counter tops, upgraded kitchen cabinets with soft close, vaulted ceiling are all some of the upgrades for this home. This house has an OPEN floor PLAN - which provides a spacious and versatile, living area, ideal for for both daily living and entertaining that everyone loves. Other features include: Split bedrooms; Lanai is 17 x 8 for your outdoor living; and a corner lot. Adams Homes has a 10 year structural warranty, two-year system, and one-year workmanship warranty that comes with the purchase of this new beautiful home. This property is very close to the south Venice ferry which brings you to a private beach also has a boat launch. Manasota Beach is only five minutes away.
Adams Homes provides 30 year mildew resistant shingles, double pan insulated windows, tilt in sash windows for easy cleaning and termite prevention.
South Venice beach with ferry and launch Pad for boats & dock - 5 minutes to Manasota beach!
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $369,767 | $369,767 | $369,767 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $40 | $40 | $40 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,460 | $2,458 | $3,170 |
Total Monthly Payment | $2,575 | $2,573 | $3,285 |
* 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.