Under Construction. NEW CONSTRUCTION WITH WARRANTY! ** Estimated Completion - November / December ** The Boca Grande delivers an open floor plan with 2, 321 sq ft of living space that features an expansive living space ideal for gathering and entertaining. The kitchen offers a walk-in pantry and a freestanding island overlooking the dining area and Great Room with triple sliding glass doors to the lanai. Designed for privacy, this split floor plan boasts a primary suite with two walk-in closets and a spacious bathroom, complete with a dual-sink vanity, private water closet, linen closet, a large tiled shower, and separate soaking tub. On the other side of the home, two guest bedrooms share access to a hall bathroom. The third bedroom includes a private bathroom that can also be accessed from the spacious lanai. The home boasts glass-light double front doors, tray ceilings in the entry, Great Room, and primary suite, 8ft doors throughout the home, QUARTZ counters in the kitchen and bathrooms, designer cabinetry with 42”H wall cabinets in the kitchen, stainless steel appliances, hurricane-impact windows and doors, 12 x 24 TILE throughout main living areas, 3-car garage, paver driveway, and more!Photos are of completed property, colors and finishes may vary
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Our Executive Mortgage Banker:
Our Insurance Division:
$486,990
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 | $389,592 | $389,592 | $389,592 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $57 | $57 | $57 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,592 | $2,589 | $3,340 |
Total Monthly Payment | $2,724 | $2,721 | $3,472 |
* 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.