3016 NW 46th Pl, Cape Coral, FL 33993
4 beds · 3 baths · 2,542 sqft
It's all about timing**Big price improvement AND seller offering to pay closing costs**Picture yourself enjoying stunning sunsets right from your own pool backyard in this welcoming Southwest Florida home that radiates unique curb appeal. With over 2,100 square feet of space, there’s plenty of room for everyone. This stunning, expansive home sits on a large, quiet corner lot, offering both privacy and peace with a wooden privacy fence surrounding your hidden oasis. You'll appreciate the newer roof (2022) and freshly painted interior and exterior, offering a modern and inviting first impression that enhances the home's aesthetic charm while promising durability and low maintenance for years to come. An in-ground sprinkler system keeps the landscaping lush and green. Step inside to find four comfortable, carpet-free bedrooms and three full bathrooms. There is a convenient Jack and Jill bathroom that connects to the third and fourth bedrooms. The formal dining room can be converted into a fifth bedroom, den, or home office. The kitchen features granite countertops, wood cabinets, and stainless-steel appliances. A significant perk is the induction stove and convection oven, making cooking easier and more convenient. Additionally, there are plenty of cabinets for storage in the kitchen, with extra storage in the utility room that leads to the garage. Stay cool while doing laundry with the HE washer and dryer, which come equipped with a sink. Vaulted ceilings, crown molding, updated lighting fixtures, and ceiling fans add to the home's charm. This lovingly maintained home also includes a new reverse osmosis system for pure and cleaner water throughout. The AC was replaced in 2019, and the water heater in 2023. Step outside to your private retreat, where relaxation meets modern elegance. The pool, porch, and patio area, updated within the last five years, boast stunning brick pavers for durability, safety, and style. Dive into the refreshing waters of your pool, featuring a luxurious Pebble-Tec lining and a serene water feature. This beautifully updated space is perfect for entertaining guests or enjoying peaceful moments of solitude. Enhance your Florida lifestyle and stand out from the rest. Don't miss this exceptional opportunity, offering everything from breathtaking sunset views to expansive interiors and modern updates, and a 2.25% assumable FHA loan. Make your dream a reality!
Source: FORTMYERS #225024544
Financials
Source: FORTMYERS #225024544
Source: Public records
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%. 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.
Other resourcesWhat 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.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
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.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.