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Presented by![]() Margaret Shea |
Investor Special! Priced to Sell – Fix & Live Opportunity in North Fort Myers! This 3-bedroom, 2-bathroom single-family home is located in a quiet, peaceful neighborhood with no HOA or deed restrictions and has never flooded! Sitting on a . 17-acre lot with a private backyard backing up to a wooded preserve, this home offers both privacy and convenience—just 5 minutes from I-75, making it a perfect spot for commuters. With 1, 247 sq. ft. under air, this 1979-built home is structurally sound and ready for modernization. The roof is brand new (January 2023), saving you a major expense, but the interior needs cosmetic updates. The kitchen and bathrooms need renovation to bring this home up to date. Featuring a one-car garage and a spacious driveway, this home has great bones and endless potential! Opportunities like this don’t last! Call today to schedule your showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$219,900
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.525.5837
Margaret.Shea@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.990.2486
paul.addamo@raveis.com
NMLS Mortgage Loan Originator ID 93047
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $175,920 | $175,920 | $175,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $52 | $52 | $52 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,112 | $1,156 | $1,473 |
Total Monthly Payment | $1,239 | $1,283 | $1,600 |
* 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.