Under contract-accepting backup offers. Wake up to breathtaking sunrises in this remarkable waterfront home located in the desirable Pelican neighborhood of Cape Coral. Situated on the renowned Lotus Canal with long eastern views down Princeton Canal, this gem is positioned right at the intersection, offering unparalleled water vistas. Featuring three bedrooms and two full bathrooms. This home provides ample room for comfortable living. Step outside and embrace outdoor living at its finest with hurricane shutters and shades for added security, an extended paver patio, and a large covered area in the lanai. The new picture window pool screen cage ensures an unobstructed view down the canal, while the inviting pool beckons for a refreshing dip. Inside, the home has a newer kitchen equipped with stainless steel appliances and elegant granite countertops. There is travertine flooring in the living area and upgrades throughout the home. The bathrooms have been tastefully updated, with the master bath featuring a glass-walled shower, dual sinks, and a separate soaking tub for ultimate relaxation. This home offers the convenience of a composite dock with a boat lift, providing easy Gulf Access for delightful boat rides to beaches, restaurants, and the Gulf of Mexico. Living in this waterfront sanctuary means you'll have access to all the fun activities Cape Coral has to offer. Whether it's boating along the Gulf Access canal or exploring nearby parks and nature reserves, there's something for everyone to enjoy. Don't miss out on the opportunity to own this exceptional waterfront retreat in the sought-after Pelican neighborhood. Schedule a tour today and experience the luxury of waterfront living for yourself!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$620,000
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 | $496,000 | $496,000 | $496,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,426 | $3,297 | $4,253 |
Total Monthly Payment | $3,976 | $3,847 | $4,803 |
* 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.