BEST FLOOR PLAN! Introducing the highly sought after Drake Model in Riverstone! At 3, 360 square feet, this Single Story luxury home is a perfect blend of elegance, size and comfort. Boasting 4 Bedrooms PLUS an oversized Den, 4 bathrooms, and a split 3-car garage, this updated property offers spacious living with meticulous design. The kitchen features quartz countertops, stainless steel appliances, and a reverse osmosis water system. Two living areas provide flexibility for gatherings and relaxation, while the large den offers a private retreat. The master suite boasts a newly remodeled bathroom with walk-in shower, soaking tub, & two walk-in closets. Step outside to your own private oasis with a heated saltwater pool, enclosed lanai, and beautiful landscaped view. Located in the active Riverstone community, you are a short 10 minute drive to white sandy beaches and have access to some of the best schools and restaurants in Naples. This gated community offers a resort-style pool, lap pool, splash pad, jacuzzi, tiki bar, tennis & pickleball, indoor & outdoor basketball courts, playground, fitness center, full time activities director, yoga room, billiards game room and 24 hour security. Welcome Home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $581 | $581 | $581 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,043 | $8,043 | $10,973 |
Total Monthly Payment | $8,749 | $8,749 | $11,679 |
* 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.