4607 SW 24TH PL, Cape Coral, FL 33914
Priced to SELL! 2000+ sf Split-Bedroom Pool Home ideally located on a large corner lot with a fully-fenced private back yard on a lovely tree-lined street in the desirable SW corner of Cape Coral! 3 Bedrooms, 2 Full Bathrooms, PLUS A DEN! This one has it all~~New Roof & Pool Cage 2023; Impact windows; Storm Smart electric shutters with remote control; auto-irrigation; arched windows, crown molding, can lights, central vacuum system; volume & cathedral ceilings; granite counters; large tile on diagonal throughout the main areas of the home; lustrous hardwood floors in the Bedrooms (no carpet). The enormous Open Kitchen features raised-panel wood cabinets, pantry, glass-top stove, cabinets with slide-outs, new backsplash, breakfast bar, and pass-through between the dining area and Pool Deck. Conveniently located Laundry Suite just off the Kitchen has a laundry tub, newer washer, dryer, and ample shelves and storage. Luxuriate in the spacious Master Bedroom Suite with dual bowl vanity, tile flooring, jacuzzi tub, separate shower, walk-in closet, linen closet, and large, arched window providing lots of natural light! Step out onto the oversized pool deck and enjoy the soft sounds of the gently cascading rock waterfall. Cool off in the sparkling blue swimming pool, complete with an aquatic cleaner, NEW heater & pump AND a separate above-ground hot tub. The spacious 2-car garage offers an epoxy floor finish, separate air-conditioner, and Hurricane rated door. Flood insurance is in place and transferable to the Buyer. City water, sewer, and irrigation with ALL ASSESSMENTS PAID. Furniture is negotiable. Start your best life TODAY in this gorgeous, well-maintained home. You deserve something this nice!
You may be able to put down less than the total down payment amount of $207,983 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: #224047825
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.