Welcome to The Hammocks located at 5535 Rattlesnake-Hammock Road in tropical Naples, FL! This second floor, 2Br/2Ba condominium affords more privacy; it is an end unit situated on the corner of the building. The rear (screened in) lanai offers scenic, tranquil views of the lake, pool, and Hibiscus Golf Club (a public golf course). Key features of this unit include tile floors, an eat-in kitchen, spacious living room area, and an owner’s suite. The owner’s suite provides a walk-in closet, double sinks, and a relaxing window view of the lake. Additionally, the second bedroom is quite roomy and adjacent to a large bathroom. That bathroom includes a walk-in shower with a seat. Also located in that space is the laundry area. To meet mobility needs, both bathrooms feature accessible toilets of 17-inch height. To satisfy your storage needs, there is an ample size storage closet off of the second bathroom. Truly beneficial features of this unit are the updated hurricane impact windows. Outside, you'll appreciate a covered parking space, pool with restroom access, and plenty of additional parking spaces. Access to the unit is available via elevator or stairs. This residence is ideally located! It is situated approximately 6 miles from the beach and mere minutes to all of your shopping and dining needs. As an added plus, this property was not affected by any of the recent hurricanes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$249,000
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 | $199,200 | $199,200 | $199,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $34 | $34 | $34 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,359 | $1,324 | $1,680 |
Total Monthly Payment | $1,468 | $1,433 | $1,789 |
* 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.