104 NW 11th St Cape Coral, FL 33993
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About this home
Live the ultimate Florida lifestyle in this backyard paradise! Step into your private oasis where sunny days are best spent lounging by the sparkling pool and fountains, surrounded by lush landscaping bursting with vibrant blooms. A stylish fence adds both privacy and peace of mind, creating the perfect space for pets to play freely. When it’s time to cool off, head to the exterior screened bar — a breezy spot to sip your favorite drink in the shade. Rainy day? No problem! The indoor sports pub lets you catch the game in air-conditioned comfort. Inside, the thoughtfully designed split floor plan offers a beautifully renovated primary suite featuring a walk-in closet, double vanity, and a spacious walk-in shower. On the opposite end of the home are the guest quarters with a jack & jill bathroom, and yet another guest bath for visitors. The kitchen is a chef’s dream with solid wood, soft-close cabinets, a double wall oven, and a sunny breakfast nook with pool views. A formal dining room offers the space you need for group dinners. Topping it all off: NO flood insurance required, a 2-year-old roof, and 30 solar panels to help slash your energy bills. This is more than a home — it’s your Florida dream come true.
Source: FORTMYERS #225051275
Loan details
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45-day close guarantee
Close stress-free in 45 days, handled start to finish by Roam.
Roam Price Match
If you find a better price on any home, we’ll match it.
FAQs
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.
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.
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.
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.
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 “Save search” 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.
When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.
Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.