This tropical paradise in the prestigious 8 Lakes area of Cape Coral. A stunning custom-built twostory home boasts 4 bedrooms, 2 baths and 2300 sq ft of living space with split air conditioning system. Enjoy direct sailboat access, breathtaking views of intersecting canals which flow into 4 of the saltwater lakes teaming with a variety of fish. Anglers will love the opportunities to reel in snook, redfish right from their own dock. The expansive wraparound dock boasts a 10, 000 boat lift and a tiki hut. Watch the dolphins swim by which adds magic to your idyllic setting. Enter the front door to a crafted massive light pecan rock wood burning fireplace extends up to the 18’ cathedral ceilings with tongue & groove cedar wood surrounded by built in seating. The kitchen has oversized cabinets and ample storage, stainless steel and gas appliances, quartz counters, new plumbing fixtures, water purification system, tankless gas water heater, newer plumbing. Guest bath opens to the stunning lanai, rock pool with three waterfalls & hot tub. The outdoor shower has hot-cold water. A prime location, stunning views & multiple amenities, this home is a true gem in a Million dollar neighborhood.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
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 | $365 | $365 | $365 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,605 | $4,605 | $6,315 |
Total Monthly Payment | $5,062 | $5,062 | $6,772 |
* 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.