Be the first (and last) to preview this tastefully designed New construction home! As an established 3rd generation Construction company that takes pride in the Quality (details) it offers. Groff Building Contractors proudly presents its Covington Model ready for occupancy! This functional open concept layout provides a quaint. . . . but spacious feel the moment you walk through the front door. Situated beautifully on a Cul da sac, near the back end of the Burnt Store Lakes Community. Some (but not limited to) Interior upgraded features include: Impact Glass throughout, Burnished slate Metal Roof, tile throughout, Level IV Quartz, dove tail soft close cabinetry (along with kitchen Island wrapped for convenience), High end Stainless Steel Appliance package, Custom Lighting/Fan package that compliments the overall theme of home & Wood shelving in closets. . Some noticeable Exterior Features include: Brick Paver driveway, LED soffit lighting, Bronzed railing leading up the steps into the home as well as railing on lanai for safety precaution, darker toned plank Tile run on lanai with 3 fan package to help cool you down while Entertaining or enjoying a peaceful evening on your Lanai! This location also allows you to enjoy our SWFL Sunsets via a Southern exposure view and the tranquil feel that comes from having a Water view from your own back yard! Last but least are the amenities both inside and out of the Burnt Store Lakes Community. . You'll be able to enjoy the 11 man made/fish filled Lakes, large park area with pavilions for your afternoon picnics, Canoe/Kayak launch & a fishing pier if you decide to throw a couple lines in the water! The neighboring community (Burnt Store Marina) offers a public Golf course, fitness center, two restaurants & what is noted as the largest deep water (boat launch and storge) Marina in SWFL!! You're also just 20 minutes to Downtown Punta Gorda or to the heart of Cape Coral. For peace of mind- All Builder and Mechanical warranties will convey with the sale of home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$459,000
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 | $367,200 | $367,200 | $367,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $86 | $86 | $86 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,231 | $2,199 | $2,902 |
Total Monthly Payment | $2,392 | $2,360 | $3,063 |
* 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.