1012 NW 16th TERRACE, Cape Coral, FL, 33993 | $399,900

Under Construction. Southern Impression Homes presents an exclusive offer for a limited time, receive up to $20, 000 towards closing costs. This home truly offers a warm and inviting atmosphere, perfect for creating lasting memories with family and friends. The open floorplan, meticulously designed by Southern Impression Homes, prioritizes efficiency and maximum livability, ensuring comfort and convenience for its residents. As you step into the home, you're immediately greeted by a beautiful foyer that sets the tone for the spaciousness and openness found throughout. The generous living room and dining area provide ample space for gatherings and socializing, while the open kitchen, complete with luxurious granite countertops and soft-touch maple cabinets, is ideal for entertaining guests. Equipped with stainless-steel appliances, including an electric range, range hood, dishwasher, and refrigerator, the kitchen is both stylish and functional. The inviting master bedroom offers a peaceful retreat, featuring beautiful granite countertops in the ensuite bath, complete with two separate sinks and a spacious walk-in closet. A fourth bedroom adds versatility to the home, perfect for use as a home office or guest bedroom. With a two-car garage included, energy efficiency is ensured with a 14-seer heating and cooling system, Low E window glass, and blinds on all windows. Additionally, rest easy knowing your investment is protected by a fabulous 10-year structural warranty. Don't miss out on the opportunity to own one of these high-quality and desirable homes! Call today, as they are selling quickly. *Please note: Some photos have been virtually staged. Finishes and features may vary.

Features

  • Rooms: 3
  • Bedrooms: 4
  • Baths: 2 full
  • Lot Size: 80 x 125
  • Laundry: Laundry Closet
  • Year Built: 2023
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,617
  • Acreage: 0.23
  • Lot Size: 80 x 125
  • Est. Taxes: $793
  • Appliances: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • MLS#: OM673757
  • Days on Market: 64 days
  • Website: https://www.raveis.com
    /prop/OM673757/1012nw16thterrace_capecoral_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/13/2024 2:27:25 AM)
Listing courtesy of SUNCOAST PROPERTY MANAGEMENT L   Phone: 904-831-8050

William Raveis Family of Services

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888.699.8876

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

1012 NW 16th TERRACE, Cape Coral, FL, 33993

$399,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $319,920 $319,920 $319,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.880% 7.042% 6.276%
Monthly Tax Payment $66 $66 $66
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,155 $2,102 $2,698
Total Monthly Payment $2,296 $2,243 $2,839

* 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.