1142 SW 31st TERRACE, Cape Coral, FL, 33914 | $399,999

Must see this 3 bedroom/2 full bath POOL home overlooking the Barkentine freshwater canal in the much-desired SW area of Cape Coral! The bright and spacious kitchen is complete with stainless steel appliances, updated lighting fixtures, breakfast bar and dining area. The living room is massive with vaulted ceilings and leads to the back patio/pool area. The screened lanai and heated freshwater pool are complemented by an undercover sitting spacevwith a relaxing view of the canal where you'll enjoy fishing, kayaking, and paddle boarding! There is a split floor plan so the homeowners have plenty of privacy. The master suite has a walk-in closet and plenty of space for a king-size bed. The ensuite bathroom includes a deep bathtub and shower combo. The Den can be easily converted into an in-law suite/flex room. There is a 2 car garage with room for many more cars in the driveway! Additional features include: hurricane windows/shutters, sprinkler system/well, security system and 2 year old HVAC! No HOA Fees! No flood zone! Convenient to Fort Myers, airports, restaurants, shopping, entertainment, and beaches!

Features

  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Lot Size: 80 x 125
  • Laundry: Laundry Room
  • Year Built: 2003
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,006
  • Acreage: 0.23
  • Lot Size: 80 x 125
  • Est. Taxes: $7,259
  • Pool: Gunite, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: U8244146
  • Days on Market: 104 days
  • Website: https://www.raveis.com
    /prop/U8244146/1142sw31stterrace_capecoral_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/25/2024 10:19:56 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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1142 SW 31st TERRACE, Cape Coral, FL, 33914

$399,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $319,999 $319,999 $319,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 5.990% 4.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.161% 5.152%
Monthly Tax Payment $605 $605 $605
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,944 $1,917 $2,510
Total Monthly Payment $2,624 $2,597 $3,190

* 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.