3628 SE 8TH PL, Cape Coral, FL 33904
Discover this beautiful Cape Coral pool home, ideally located off Country Club Blvd on a peaceful street. Enter through the Key West-style iron gate, topped with charming pineapple posts, into a tranquil front courtyard that welcomes you into this bright, meticulously maintained residence. As you step inside through double entry doors, your greeted by a spacious, open concept living and dining area. The room has natural light, and the wall-lined pocket glass sliding doors provides stunning westerly views of the sparkling swimming pool and lush landscape. The expansive outdoor living area features an extended under-roof lanai that is perfect for outdoor dining, relaxing or entertaining, and viewing beautiful sunsets all within your private, parklike backyard. Enjoy the beauty of lush green grass, a majestic silver Bismarck palm, vibrant tropical plants, and a privacy fence for added seclusion. Your back yard paradise boasts a soothing pool waterfall and a Hayward variable speed pump installed in 2018. The living room and guest/den bedroom are enhanced by elegant real wood floors, adding warmth to the space. This home was built with 3 bedrooms and 2 bathrooms, with the third bedroom currently used as a convenient den, which can easily be converted back into a private bedroom. The well designed kitchen features abundant wood cabinetry, a side bar cabinet, a recessed ceiling with crown molding and solid surface countertops with an integrated sink. The chef's kitchen is equipped with the latest LG Instaview® Refrigerator, which illuminates with two knocks on the tinted glass panel so you can see inside without opening the door. The kitchen also includes a built-in oven, cooktop, microwave and dishwasher for modern convenience. You will also enjoy the sliding glass door access from the kitchen to the outside lanai and the kitchen passthrough sliding window to entertain to the outside lanai bar. The Master Bedroom suite features glass sliders to the pool and the lanai. This energy efficient and upgraded home is outfitted with Windmar solar panels (installed in 2018, fully paid off at closing), providing lower energy bills, plus a Bradford White hybrid water heater (installed in 2018) and a brand-new 2024 roof. The home also includes a Nest thermostat and a digital underground sprinkler system. The oversized 2 car garage is almost 26 feet in length, providing extra storage space or room for larger vehicles. App-controlled access adds modern convenience. The home has city central water and sewer in and paid. The home includes storm protection plus FEMA shows this home in Flood Zone X, where you will find most lenders do not require a flood insurance policy, offering a piece of mind. This home blends style, comfort and affordability all while offering a bright welcoming atmosphere. Don't miss out on this tropical paradise, this can be your Florida home sweet home! Buyers and Agents welcome! Call for a private appointment.
You may be able to put down less than the total down payment amount of $176,712 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: #224073608
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.