Rarely available, this gorgeous home is on the first floor, a Southern exposure with a large Lanai overlooking the South lake, fountain, and preserve in the main section of the community. A happy change of plans for this Seller is your opportunity to own one of the most desired carriage homes in all of Rapallo. In 2024, these owners have installed custom closet organizers in the primary bedroom, all new kitchen appliances, several new ceiling fans, a new water heater, a new HVAC system, new GORGEOUS granite countertops, backsplash, kitchen sink and faucet, garbage disposal, and stunning wood laminate flooring throughout. All new matching granite countertops and tub surround in the primary suite with new sinks and faucets there too! This beauty comes artfully and tastefully furnished by a local decorating firm. Move in ready! The 2-car garage is oversized with incredible amounts of storage room for a workbench, motorcycle, long truck, or SUV as well. Rapallo sits in the main hub of Estero within walking distance to Coconut Point Mall, shops, dining, the new Williams Road Sports Park, and indoor pickleball at the nearby Estero Community Rec Center. Rapallo has its own clubhouse, 2 resort-style pools, a lap pool, a hot tub, tennis, fitness, bocce, and a walking path. If you missed your opportunity to own one of these homes last year, don't snooze this time!
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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 | $588,000 | $588,000 | $588,000 |
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 | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $247 | $247 | $247 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,912 | $3,863 | $4,959 |
Total Monthly Payment | $4,251 | $4,202 | $5,298 |
* 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.