Welcome to this inviting 3-bedroom, 2-bathroom block home with a fireplace nestled in the serene community of DeBary, Florida. Located on a generous . 25-acre lot, this property offers a peaceful retreat with a circular driveway and a fenced yard, perfect for outdoor activities and privacy. The 1, 364-square-foot residence features tile floors throughout, ensuring easy maintenance and durability. The primary bedroom boasts an en suite bathroom and could serve as a versatile studio apartment with its own kitchenette and separate entry door. This unique setup provides flexibility for multi-generational living or potential rental income. While the home is sold as-is and requires some updates, its solid foundation and layout present an excellent opportunity for those looking to personalize and invest in their dream home. This could be a good fit for an FHA 203k or VA renovation loan. Conveniently situated within walking distance to a variety of amenities, you’ll find restaurants, the Sunrail station, schools, parks, shopping centers, and public transportation all nearby. Enjoy the natural beauty of the St. Johns River and Gemini Springs, just a short drive away, perfect for outdoor enthusiasts and nature lovers. Don’t miss your chance to make this charming property your own. Schedule a viewing today and envision the possibilities in this prime DeBary location!
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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 | $193,600 | $193,600 | $193,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $63 | $63 | $63 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,288 | $1,272 | $1,633 |
Total Monthly Payment | $1,426 | $1,410 | $1,771 |
* 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.