2541 SW 10TH AVE, Cape Coral, FL 33914
NEWER CONSTRUCTION HOME, BUILT IN 2018 by a local reputable builder!!! Code compliant with Hurricane impact rated windows, NO FLOOD INSURANCE NEEDED HERE!!! HIGH AND DRY! BRAND NEW SALTWATER POOL, Pool Cage, and pool equipment!!! Jandy Pool pump and gulfstream energy efficient heater. JCX Smartpool System that allows you to control the heater, pump, timers, and LED lights from an app on your phone! The vinyl privacy fence gives you maximum privacy from the neighboring homes in your beautiful backyard. Imagine enjoying your brand new pool under your expansive lanai under truss (not a cheap addition that needs replacing every 10 years) that stretches the width of the back of the home offering ample space for an outdoor kitchen. The LED color changing soffit lighting and the wifi ready sprinkler system both enhance the curb appeal of this home allowing you to control things while you're home or away right from your phone! The Arlo smart doorbell (just like a ring doorbell) in combination to all of the other smart home features make this home lower maintenance and short term rental ready. Set it and forget it. Enough about the outside, let's explore the inside.... As soon as you enter the home you're greeted by soaring cathedral ceilings and that open concept everyone desires. Beautiful white cabinetry, light countertops, wood look tile, and stainless steel appliances give this home timeless finishes that EVERYONE in Florida will always love. The primary bedroom offers ample space and custom tray ceilings as well as a spacious bathrooms with a modern dark tile (that doesn't show stains) and custom shelving in the closet. This home is centrally located and just minutes from the intersection of Skyline and Veterans and then around 7 minutes from the up and coming Pine Island Corridor that is lined with chain restaurants, shops, and more! This is the best priced pool home in SW Cape Coral with plenty of Comparable sales to justify!!! If you're looking for new or newer homes then this is it! Schedule your showing today!
You may be able to put down less than the total down payment amount of $243,832 and have the rest of the funds financed with a 2nd mortgage from a lender. 4
Location
Details
How it works
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Tour
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Offer
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Close
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
Who can qualify
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Frequently asked questions
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
Will an assumption work for me?
An assumption might be a suitable option for you if you meet the lender’s qualifications. We also offer Roam Boost to help buyers reduce the down payment required to a minimum of 5-15%. See below for more FAQs specific to Roam Boost.
Why do buyers use Roam?
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Roam helps home buyers find and purchase homes with a low-rate assumable mortgage included. Once you find your dream home, Roam manages the process of assuming a low-interest rate mortgage, helping buyers save thousands a year on mortgage payments compared to buying with a traditional mortgage at today’s rates. On average, buyers who use Roam save $15,000 in mortgage payments annually.
MLS ID: #224066708
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.