Introducing Riverwood Estates, a vibrant 55+ Community offering convenient access to the breathtaking beaches of Marco Island, as well as the eclectic shopping and dining scene on 5th Avenue in downtown Naples. This popular community stands out for several reasons: the property owners have ownership of the land, with an affordable annual HOA fee of just $225. Pet owners can enjoy their furry friends with appropriate limits and approval. Additionally, residents have the added benefit of a boat ramp for boating and kayaking on Henderson Creek, offering access to the Gulf of Mexico. This charming residence has 2 bedrooms, 2 bathrooms, and a comfortable open floor plan. There is a delightful screened-in Florida room which is perfect for relaxation. Inside the house, you'll find the convenience of a washer and dryer. A storage shed is available for extra space too. This residence also features an enchanting backyard with bushes, providing privacy. A Cross Creek Community Pool Membership (limited availability) for an annual fee of only $250 is available with this residence. Lastly, rest easy knowing that this property is on central water and sewer. Discover your dream home at Riverwood Estates today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$215,000
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 | $172,000 | $172,000 | $172,000 |
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 | $130 | $130 | $130 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,144 | $1,143 | $1,475 |
Total Monthly Payment | $1,349 | $1,348 | $1,680 |
* 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.