NEW YEAR, NEW YOU, NEW HOME! Begin planning your New Year's housewarming party now and be prepared to welcome the new year in your own piece of paradise! Don't sweat the small stuff; this home, built in 2021, still boasts that "new home smell" as you enter! With its spacious open floor plan, you'll never experience the "cramped" feeling of apartment living again. The additional features this home provides will exceed your expectations, offering all your "wants" and plenty of extras to simplify your life. The front office features double doors that lead to the living room and a side entry for convenient access to the hallway guest bathroom. The versatility of this space is extraordinary; it can serve as an office, a 4th bedroom (without a closet), a sewing room, a train room, or whatever your imagination conjures up. The oversized chef's kitchen offers ample counter space with the island and abundant cabinet space for all your kitchen tools and gadgets. With nearly an acre of land and agricultural zoning, you won't have to depend on others for your food supply. Now is the time to cultivate your food forest or start your small homestead farm. Approximately one-third of the acre is cleared, while the remainder has been left wooded for privacy, allowing the owner to enjoy the property's natural splendor. You'll be delighted to discover that this property is centrally located between Daytona and Orlando. Thanks to the 429 extension to 46, you'll benefit from a faster commute to work. Hunters and fishermen will adore the proximity to the Ocala National Forest and St. Johns River, while food enthusiasts will relish the short drive to downtown Deland's award-winning streets and exquisite dining experiences.
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Our Executive Mortgage Banker:
Our Insurance Division:
$295,000
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 | $236,000 | $236,000 | $236,000 |
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 | $233 | $233 | $233 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,569 | $1,990 |
Total Monthly Payment | $1,878 | $1,877 | $2,298 |
* 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.