From the moment you enter this Castella residence, you’ll appreciate the light and bright décor and wide-open plan, ideal for welcoming family and friends. The beautiful kitchen gives space for everyone to gather. Guests enjoy privacy on opposite side of the residence with full bath and access to the spacious lanai. The screened lanai is among the largest in the community and offers a tranquil setting for that morning cup of coffee while you listen to birdlife in the preserve area. Storm protection gives you peace of mind. Castella offers arguably the best, resort-style pool for enjoying the sun or napping in the shade with a comfortable beach entry for the little ones. The Colony Golf & Bay Club offers a private beach island, canoe and kayak, pickleball, bocce and tennis, all included in your monthly fees and no additional membership is required. Optional memberships are available at two golf clubs, The Colony & Pelican’s Nest, contact membership directors for availability and potential wait lists. The Colony Bay Club is exclusive to residents with spectacular views overlooking Estero Bay. Restaurants and entertainment are five minutes away and SWFL airport is a 20-minute drive.
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Our Executive Mortgage Banker:
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$599,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $479,200 | $479,200 | $479,200 |
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 | $588 | $588 | $588 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,868 | $3,865 | $4,789 |
* 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.