INVESTOR ALERT*** turn key vacation rental, ready to start your own business? This home is in a highly sought after rental area minutes from the beach, fully furnished and ready to go. Newly remodeled Beachside Bungalow walking distance from some of the most gorgeous beaches in Florida. The owner has spared no expense with this home's make-over. Electrical, base boards, tile flooring, interior, exterior paint, outside shower, roof, kitchen cabinets with granite counter tops, laundry room, bathrooms, AC, kitchen appliances, washer/dryer, gutters, all New, New, New!!! Covered concrete patio overlooks the backyard on an oversized 50 x 150 lot. Convenient location just minutes from the famed Flagler Avenue, close to shopping, restaurants, and fun, exciting nightlife all nestled into a charming original central beach neighborhood. Large storage unit located out back. This one is a must see. Come live the New Smyrna Beach lifestyle, or use this home as a great investment rental property.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,500
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,600 | $599,600 | $599,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.490% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.681% | 6.678% | 6.034% |
Monthly Tax Payment | $638 | $638 | $638 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,090 | $3,786 | $4,979 |
Total Monthly Payment | $4,820 | $4,516 | $5,709 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.