A lot in Cape Coral on a freshwater canal offers an idyllic setting for building a home or investing in property. Imagine a serene location with picturesque canal views, and lush greenery. The quiet residential neighborhood provides a peaceful escape while remaining close to shopping and restaurants. These lots offer direct canal access for activities like fishing, kayaking, and paddleboarding. Typically, the ample space allows for a spacious home with a garden, pool, or other outdoor amenities, and the lot's shape permits creative landscaping and architectural designs. Ideal for constructing a custom home, these lots significantly enhance property value and aesthetic appeal. The high demand for waterfront properties in Cape Coral makes them a sound investment with potential for appreciation. Even on a freshwater canal, some locations offer navigable access to other waterways, appealing to fishing enthusiasts. The community is vibrant, with proximity to schools, shopping centers, healthcare facilities, and recreational areas. Cape Coral’s extensive canal system, parks, and community events promote an active lifestyle. These lots typically have access to essential utilities and well-maintained roads. Overall, a lot in Cape Coral on a freshwater canal combines tranquil waterfront living with urban convenience, making it ideal for personal use or investment.
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Our Executive Mortgage Banker:
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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 | $44,000 | $44,000 | $44,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $293 | $292 | $377 |
Total Monthly Payment | $368 | $367 | $452 |
* 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.