WOW! HERE IS AN AMAZING FIRST FLOOR COACH HOME WITH NUMEROUS UPGRADES LOCATED IN HAMMOCK BAY WHICH IS CLOSE TO MARCO ISLAND AND A SHORT DRIVE TO THE HISTORIC DOWNTOWN 5TH AVENUE IN NAPLES FLORIDA. THE COMPLEX HAS NEWER ROOF'S AND IMPACT GLASS THROUGHOUT. THIS CONDOMINIUM LIVES LIKE A SINGLE FAMILY HOME AND FEATURES TILE IN THE LIVING AREAS, AND CUSTOM VERMONT WOOD FLOORS IN THE THREE SPACIOUS BEDROOMS. ADDITIONAL IMPROVEMENTS INCLUDE, HAND CRAFTED CROWN MOLDINGS THROUGHOUT, GE PROFILE APPLIANCES, UPGRADED CABINETRY, GRANITE KITCHEN, ELECTRIC SHADES IN THE LIVING ROOM, ELEGANT LIGHT FIXTURES, AND FANS, DESIGNER PAINT AND WOOD ACCENTS, WIDE PLANTATION SHUTTERS, AND MORE. SIT ON THE LANAI AND ENJOY A LUSH TROPICAL GOLF COURSE VIEW. WHEN ONLY THE BEST WILL DO THIS HOME HAS IT ALL!
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Our Executive Mortgage Banker:
Our Insurance Division:
$589,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $471,200 | $471,200 | $471,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $21 | $21 | $21 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,135 | $3,095 | $3,974 |
Total Monthly Payment | $3,248 | $3,208 | $4,087 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.