***Note: OWNER MOTIVATED*** A unique home located on the Lake Butler Chain in Deltona area. A water-front house on a 3. 34 acreage that includes a private road, a lighthouse, gazebo, carport/storage space and a small private island. This can be your perfect homestead, investment or retirement spot. Home has 2 large bedrooms, 2 full bathrooms, and a master suite office space that can be alternatively utilized as a walk-in closet or personal gym space with a separate door. Home has concrete block walls, its own water well with a new Pelican filtration system, tankless water heater with endless supply of hot water, and a septic tank. All electric and plumbing, drywall, HVAC packet unit (heating & cooling) and ducts, Google nest thermostat, and luxury vinyl engineer flooring are all new. Modern finishes, energy efficient upgrades including custom vinyl double pane windows and doors as well as foam insulated walls and a 3 year old roof. There is also an RV hook up on the property. A beautiful spacious kitchen features a quartz granite double waterfall counter facing a beautiful view of the lake. Both bathrooms feature modern tile and glass shower doors. All modern stainless steel kitchen appliances, and a stackable washer-dryer are included in the price. This was a non-smoking, no-pet home.
This home is roughly 30 min away from New Smyrna Beach and 50 min to Florida's attraction parks, 6 min. away form supercenter Walmart, Publix , Ace Hardware, Tractor Supplies and other convenience stores.
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,500
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 | $420,400 | $420,400 | $420,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $174 | $174 | $174 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,832 | $2,794 | $3,545 |
Total Monthly Payment | $3,098 | $3,060 | $3,811 |
* 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.