603 Monterey AVE, Cape Coral, FL, 33904 | $350,000

NO HOA! POOL HOME ON 3 LOTS WITH CREDIT TOWARDS CLOSING COSTS FOR FULL PRICE! GREAT FOR INVESTMENT INCOME OR STARTER HOME! Welcome to your personal oasis in Southwest Florida! This charming ranch-style retreat boasts 3 bright and airy bedrooms and 2 elegant fully updated bathrooms, offering a perfect blend of comfort and luxury. The contemporary kitchen is a chef's delight, and the expansive backyard is an ideal canvas for your outdoor passions, from garden parties to lazy afternoons in the sun. Nestled close to pristine beaches, premier golf courses, and a host of local amenities, this property provides the perfect escape for families or those yearning for tranquility. Immerse yourself in the vibrant local scene, with its diverse dining options, lively sports bars, fantastic shopping, and endless entertainment. Plus, with Southwest Florida International Airport just 15 miles away, your gateway to adventure is always within reach. This home, situated on a spacious triple lot and featuring a brand-new roof and HVAC system installed in 2023, combines peace of mind with unparalleled comfort. Don’t miss your chance to secure a piece of Florida paradise. Make this dream residence your reality today!

Features

  • Amenities: None
  • Bedrooms: 3
  • Baths: 2 full
  • Style: 1 Story/Ranch
  • Development: CAPE CORAL
  • Year Built: 1963
  • Garage: 1-car Attached
  • Heating: Central Electric
  • Cooling: Central Electric
  • Approx Sq. Feet: 1,297
  • Acreage: 0.34
  • Est. Taxes: $1,490
  • Lot Desc: Oversize
  • View: Landscaped Area,Pool/Club
  • Community Type: Boating,Non-Gated
  • Private Pool: Yes
  • Pet Policy: No Approval Needed
  • MLS#: 224048512
  • Website: https://www.raveis.com
    /prop/224048512/603montereyave_capecoral_fl?source=qrflyer
Copyright © 2024  The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations Copyright Southwest Florida MLS organizations. All rights reserved.
Courtesy of COLDWELL BANKER REALTY

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

603 Monterey AVE, Cape Coral, FL, 33904

$350,000

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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.296%
Monthly Tax Payment $124 $124 $124
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,863 $1,861 $2,361
Total Monthly Payment $2,062 $2,060 $2,560

* 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.