Pre-Construction. To be built. Great neighborhood and location in New Smyrna Beach!! No HOA! These custom homes will be built by a highly regarded local builder, not one of the run of the mill national corporate builders, therefore, there is great attention to detail. Only 5 homes will be built in this terrific location in New Smyrna. Oliver Estates is an established neighborhood with mature trees and landscape. Conveniently located just off of hwy 44 with easy access to I-95 to the West and just a short drive to the Canal Street shops and restaurants to the East. The beautiful NSB beaches and the Flagler Ave entertainment district are a 10 minute drive. The Mango model has a split plan with 1926 sq feet of living space. There are 4 bedrooms and 2 full baths and the main living area is open. The kitchen has an island with a breakfast bar and overlooks the living room and dining room. There is a double door off of the living room that lets you out to the covered lanai. In this model the main bedroom is on the back left side of the home and features a large ensuite bathroom with a double sink vanity and walk in shower enclosure. The 3 guest bedrooms and the full guest bath are on the right side of the home. The guest bath also features a double sink vanity and a tub/ shower. The centrally located utility/ laundry room has a door out to the 460 sq ft 2 car garage. This model features wood laminate flooring in the main living area, carpet in the bedrooms and solid surface counter tops in the kitchen and baths. Call for an appointment today, , again only 5 homes will be built at this NSB location. The lot splits are currently under way and the lot dimensions will be 80x120. The photos in this listing are of a Mango model home that was built in Edgewater, the home on this lot will likely be a right side garage model which is the mirror image of the floorplan in the photos.
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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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $222 | $222 | $222 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,367 |
Total Monthly Payment | $2,953 | $2,950 | $3,664 |
* 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.