This delightful 2-bedroom, 2-bathroom home is located in a well-established neighborhood and offers the perfect blend of comfort and convenience. The spacious bedrooms are designed with relaxation in mind, providing ample room for furniture and storage. The home features a well-thought-out split floor plan, ensuring privacy for the bedrooms on opposite sides of the home. At its heart is a centrally located kitchen, creating a functional space that seamlessly connects the living and dining areas—perfect for entertaining or enjoying quiet family meals. Just 15 minutes from the sandy shores of Daytona Beach, this property offers easy access to one of Florida's most iconic destinations, known for its stunning coastline, vibrant boardwalk, and rich history. Whether you're a NASCAR fan visiting Daytona International Speedway or a student at Embry-Riddle Aeronautical University, this home's location is unbeatable. With solid construction and practical features like a gas stove and hotwater heater, this home is built to last. The back patio provides endless possibilitiesenclose it to create a third bedroom, a private office, or a versatile flex space. Whether you're a first-time homebuyer, an investor, or someone looking to downsize, this home is a fantastic opportunity to enjoy the best of Daytona Beach living. Schedule your showing today and see why 305 N American Way should be your next home! Roof- 2016 HVAC- 2019
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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 | $223,920 | $223,920 | $223,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $75 | $75 | $75 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,471 | $1,471 | $1,874 |
Total Monthly Payment | $1,621 | $1,621 | $2,024 |
* 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.