Under contract-accepting backup offers. 3 Major Hurricanes in 2 years and NO DAMAGE, NO FLOODING, NO CLAIMS!!! Nearly new construction has kept us high and dry! HUGE FINAL PRICE DROP ON THIS GORGEOUS WATERFRONT PROPERTY!!! Have you dreamed of owning a nearly new, quality constructed home on the water? This may be the best value you will find. Just finished in late 2022 this home has a 2023 lender appraisal on hand at $1, 050, 000 when the owner’s closed on their purchase. Since then the owners have added over $70, 000 to the property bringing the replacement value to $1, 120, 000. Now priced for a final sale at $949, 900! There is so much to love with this beautiful and private property. Enjoy boating and fishing? The Manchester Waterway offers deep and wide passage with an easy 5-7 minute ride to open water on Charlotte Harbor and NO BRIDGES! End of cul-de-sac location on nearly 1/2 acre, great fishing right from your dock, sunrises that will amaze you as you enjoy your morning coffee watching the nature preserve and water views! Newly added features include estate fencing around the property, landscape bed retaining wall at the waterfront that covers the full length of the property, hurricane rated large garden shed for great storage, pavered walkway, front yard landscaping, full property irrigation, custom interior shades, master bath custom mirrors, and high-end TVs throughout. 2022 build completed with high and dry elevations, all hurricane rated windows and doors, insurance-friendly metal roof, elevated pool and lanai with well engineered pool cage. 3 large bedrooms including master with en-suite bath, large great room with open dining and kitchen area with access to the pool area and dock beyond. 10, 000 lb. boat lift with trex-type deck and water/electric at dock. Kayak racks too! It doesn’t get much better than this!
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $601 | $601 | $601 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,861 | $4,861 | $6,666 |
Total Monthly Payment | $5,554 | $5,554 | $7,359 |
* 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.