* GREAT COMBINATION OF 4 BEDROOM 2. 5 BATH IN DESIREABLE CUTLER BAY * SPACIOUS LAYOUT WITH PLENTY OF NATURAL LIGHT * LARGE ROOM OFF KITCHEN COULD BE USED AS A 5TH BEDROOM OR OFFICE- ENDLESS POSSIBILITIES * PERFECT FOR A LARGE FAMILY * SOLAR PANELS & ACCORDIAN SHUTTERS * WHEELCHAIR ACCESSIBLE WITH CONCRETE AROUND THE OUTSIDE OF THE HOME & LARGE WHEEL IN SHOWER IN MASTER * PRIVATE FENCED IN BACKYARD SURROUNDED BY NATURE AND BUTTERFLY GARDENS * ZONE X * MUST SEE TO APPRECIATE * OVER 35 YEARS OF FAMILY MEMORIES IN THIS HOME * OUR COMMUNITY HAS MANY FAMILY EVENTS LIKE GOLF CART PARADES, CHILI COOK-OFFS, PLUS MANY MORE * CLOSE TO TURNPIKE, POPULAR BLACK POINT MARINA, AND WALKING DISTANCE TO DOWNTOWN CUTLER BAY AND UPCOMING LEGACY PARK & MUNICIPAL COMPLEX * EASY TO SHOW *
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$649,000
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 | $519,200 | $519,200 | $519,200 |
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 | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,411 | $4,379 |
Total Monthly Payment | $3,953 | $3,910 | $4,878 |
* 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.