Current mortgage is assumable by the buyer with lender approval! Welcome to this beautiful 3 bedroom, 2 bathroom home in the prestigious gated community of Masters Reserve at Lely Resort. This home offers an ideal blend of comfort, elegance, and convenience, with LOW HOA fees. Step inside to find a well-appointed kitchen featuring granite countertops, elegant tall cabinets, and stainless steel appliances, perfect for the home chef. The open floor plan flows seamlessly, leading out to an expansive lanai with a private pool and spa, where you can relax and enjoy sweeping views of the lush golf course. Located on the Mustang Course, the sunset views across Hole 2 set the view from this home's lanai in a class of their own! The home includes hurricane shutters for added safety and custom cabinets in the garage for ample storage. Masters Reserve is located in one of Naples’ most desirable areas, just minutes from world-class dining, shopping, entertainment, and beautiful white sand beaches. Embrace the best of laidback Florida living in this charming home that perfectly combines tranquility, luxury, and prime location. While membership to the Player's Club and Spa is NOT required, a transferable membership is available if desired.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $94 | $94 | $94 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,665 | $4,665 | $6,364 |
Total Monthly Payment | $4,851 | $4,851 | $6,550 |
* 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.