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Are you looking for a beautiful home that has been adapted to a Residential Fortress against tropical storms and hurricanes?, your search is over. This home has been through several tropical storms and hurricanes without any damage or water intrusion. This spacious and gentley lived in WCI home, the Grand Cayman Model, includes the following safety features: Impact Resistant Windows; Impact Resistant Doors; BUILD-IN 22, 000 watt Briggs & Strantton Generator; 500 gallon underground propane tank, to name a few. The house is located on a premium preserve lot, there will be no buildings in back of the house. Do you like cooking on gas?, the range has been converted to propane which most gourmet cooks prefer. The garage has a separate cooling unit so you can store your vehicle in the summer, ideal for seasonal residents. The home is SPACIOUS, almost 2, 000 square feet under air! The ceiling in the great room is coffered, adding a special touch to the large living/ dining area. The versatile den could be easily converted to a third bedroom with the addition of a closet. In addition to the two (2) generous sized bedrooms, there are two (2) and one-half (1/2) bathrooms. There is a gas tankless water heater and the outdoor grill has been adapted to propane, no more trips to replace tanks. Artesia is a gated community offering several ammenities: large resort style swimming pool; club house; movie theater; library; on-site office/ management; pickle ball courts; bocce court; dog park - to name a few. There are NO CCD fees in Artesia. The low HOA dues include: free cable; high-speed internet; lawn maintenance and irrigation water. This home is the BEST VALUE in Artesia. BTW, the seller has a flood insurance policy that is transferable, which will save the new owners thousands of dollars annually. Call for your showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $255 | $255 | $255 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,029 | $3,148 | $4,011 |
Total Monthly Payment | $3,376 | $3,495 | $4,358 |
* 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.