1117 NW 22nd Ave Cape Coral, FL 33993
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About this home
Charming 3-Bedroom split level Home in Cape Coral – Move-In Ready! Welcome to this beautifully maintained 3-bedroom, 2-bathroom home w/ fenced in yard(5ft high), perfectly situated in a well-established neighborhood of Cape Coral. This home comes with peace of mind and value-added updates including a HOME WARRANTY, NEW ROOF(2023), a NEW A/C system, a NEW water filtration system(7K REVERSE OSMOSIS) and a newer hot water tank. Inside, the inviting layout provides comfort and functionality, ready for you to move right in. Step outside to your lanai and your fenced yard, offering both privacy and security. The spacious backyard is thoughtfully designed with room for a pool, creating endless possibilities for outdoor living and entertaining. Located in the peaceful Northwest Cape Coral area, it’s close to 27 Hole Arthur Hills Coral Oaks Golf Course, numerous boat launch sites and marinas with gulf access only 5 minutes away, minutes to Pine Island Road with lots of shopping and restaurants. Historic downtown Fort Myers River District with amphitheater, farmers markets, art shows, music walks, Edison & Ford Winter Estates, boutique shopping, fabulous nightlife & dining, entertainment, and outdoor recreational activities which include nature preserves, tennis, biking, skate and BMX parks, boating, fishing, canoeing, kayaking and sunset cruises. Whether you’re relaxing at home, enjoying nearby nature preserves and parks, or taking a short drive to downtown Cape Coral, 5 minutes to Matlacha, this home offers the perfect blend of Florida’s outdoor lifestyle and modern comfort. NO HOA fees. RV's and boats allowed! Home has never flooded! See link for matterport walk-through and floor plan.
Source: FORTMYERS #225071377
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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.