Your opportunity to live in the much desired "Cordova" neighborhood of Spanish Wells Golf and Country Club is here. . . !
The Prime LOCATION of this "Newer" home gives both Privacy and Views. . as you look over the Preserve area to the Golf Course beyond.
Plus. . . this home has all the upgrades and extras you would want and expect, Such as. . . . an epoxy floored extended garage with room for 2 cars and a golf cart !
Plus. . . the home has Hurricane Protected windows and doors and. . . . a whole house Generac Generator !
The "Natural Gas" in Cordova is especially important for Cooking, fueling the pool heater, the hot water heater and for running that generator when needed.
The "Screened In" Salt Water Pool area is very inviting, especially with it's soothing Waterfall Feature.
This home's Kitchen features a "low" granite counter top with Bar Seating and a Breakfast Area.
The Dining Room is just off the Kitchen for ease in serving your guests.
The large Master Suite has "his and hers" closets, a large linen closet, and a spacious "walk-in" shower.
The interior flooring is Large Square Tiles throughout, with Guest Bedroom and Den (or 3rd Bedroom), having the special "Wood Plank look" Tile.
This home in the Cordova neighborhood of Spanish Wells COMES WITH a "Social Membership" at the Golf Club. . . with 'NO" initiation Fees. This membership can be upgraded to a "Sports or Full Golf Membership" if so desired. (Golf Memberships ARE available).
Also, within the Spanish Wells Cordova Community, COSTS for "Internet" service, "Cable TV" service and "Lawn maintenance" are All INCLUDED within the normal HOA fees !
Spanish Wells Location puts you within easy reach to shopping, dining, hospitals, etc. . . our beaches are just 3 miles away, and the Airport is just 18 miles North of us.
This is a special home. . . . come over and have a look !
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Our Executive Mortgage Banker:
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$1,100,000
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 | $880,000 | $880,000 | $880,000 |
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 | $410 | $410 | $410 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,635 | $7,726 |
Total Monthly Payment | $6,170 | $6,170 | $8,261 |
* 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.