4114 SW 12th Pl, Cape Coral, FL 33914
3 beds · 2 baths · 2,331 sqft
Welcome to your Gulf Access Paradise! This stunning, updated home, offers 2,331 square feet of beautifully updated living space in a great SW Cape Coral neighborhood. There's lots of space to relax or entertain here, with 3 bedrooms, an office, plus a formal dining room and a game room, this property offers space for everything. Inside, the open-concept great room features crown molding, a backlit tray ceiling, and custom blinds. Pocket sliding doors fill the space with natural light and make the home a true indoor-outdoor living space. The island kitchen features custom cabinets, granite countertops, a wine chiller, stainless appliances, a breakfast bar, and a pantry. Enjoy meals in the breakfast nook with its striking 90-degree picture window or entertain in the formal dining room. An additional bonus game room also opens to the pool, adding to the home’s versatility. The split-bedroom layout ensures privacy, with the primary suite offering direct pool access, a walk-in closet, and an en-suite bath with a soaker tub, a walk-in shower, and a granite double vanity. The guest bedrooms share access to the second full bathroom, perfect for family or visitors. Take advantage of SW Florida's amazing weather, with a newly resurfaced heated saltwater pool, complete with a tanning shelf, surrounded by a screened lanai and a paver pool deck, all facing West, for amazing sunsets. The 80-foot dock features a captain's walk, a new covered 7,000 lb boat lift. Keep your boat in your back yard, and be ready for a quick boat ride to restaurants, beaches, and the Gulf of Mexico! This freshly painted home includes a new tile roof, new impact hurricane windows and doors, a new iron front door, and plantation shutters for peace of mind. Additional features include an oversized 2-car garage, a paver driveway, an office with 8-foot French doors, and an LG front-load washer and dryer. Offered fully furnished, this home is ready for you to move in and start enjoying the Florida lifestyle. Don’t miss this incredible opportunity—schedule your private tour today!
Source: STELLAR #c7501963
Interest rate and monthly payment estimated based on public records.
Source: STELLAR #c7501963
Source: Public records
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
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.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
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.
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.
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.
MLS ID: #c7501963
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.