This beautiful and meticulously maintained 4br 2ba home is on an extra wide salt water canal and located in an amazing SW location of CC that did not experience home flooding from any hurricanes. This area has become the hottest location in Cape Coral due to it's quick access to the gulf and because of the natural storm surge protection of nearby barrier islands. The beautifully designed living space offers a split bedroom concept with open great room. Outside, enjoy your own piece of paradise with caged pool with spa, a beautiful chefs stainless steel outdoor kitchen and a private dock with 2 boat lifts. This home offers the perfect blend of luxury and convenience with dining, Publix and Matlacha around the corner. New tile roof, gutters, soffiting, downspouts and exterior paint in 2023. Seller also had the pool renovated in 2022 featuring a PebbleTec finish, glass tile, pool seating and a new pool heater in 2024. Hurricane glass or hurricane shutters on all windows.
The new Seven Islands development will be located nearby at the end of Embers Parkway.
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Our Executive Mortgage Banker:
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$939,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $751,200 | $751,200 | $751,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $572 | $572 | $572 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,810 | $4,810 | $6,595 |
Total Monthly Payment | $5,474 | $5,474 | $7,259 |
* 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.