Ideal starter home or investment property! Nestled in the desirable and tranquil neighborhood of Daytona Park Estates in DeLand the home boasts three spacious bedrooms and two well-appointed bathrooms. The open concept living room and Kitchen area offers ample space and layout for a comfortable living. The home features brand new vinyl flooring throughout, a 2 car garage, indoor laundry area, and high ceilings. This solid block home sits on a well maintained lot with well and septic to save on utility bills. The septic is Located in the front yard and was recently pumped last year. Located Close to I-4, International speedway, Stetson University, and historic Downtown DeLand offering privacy and convenience. Whether you’re looking for the perfect starter home or looking to expand your portfolio, this property is an excellent choice! Contact us today to schedule a viewing and explore the endless possibilities this property has to offers. **All Realtor information is presumed correct but not guaranteed including descriptions, measurements, zoning, uses. Buyer and Buyers Agent to verify all information. **
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Our Executive Mortgage Banker:
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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 | $227,999 | $227,999 | $227,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $35 | $35 | $35 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,517 | $1,515 | $1,955 |
Total Monthly Payment | $1,627 | $1,625 | $2,065 |
* 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.