Riverside on the Park Condominium offers an exclusive location in the heart of the Historic District of New Smyrna Beach. A lovely Mediterranean style community of only 10 units enjoys a quiet serenity though it is surrounded by parks, City Marina, the Arts District, the B&B District, and only one block from the historic Canal Street of shops, restaurants, and festivities. Unit 201 has an expansive view over Riverside Park with peaks of the river. Watch spectacular sunrises from your private 31' x 7' enclosed porch. Spacious 1600 SF of living with two large bedroom suites and ensuites with walk-in closets. SS appliances in the kitchen and additional freezer, washer and dryer in your private laundry room. Secured lobby entrance and elevator with two designated parking spaces and private storage room in the secured ground floor garage. Community pool and sun deck. This unit added peace of mind with new HVAC and 10 windows replaced in 2021. Most windows have electric or crank shutters. Update with your personal preferences and live the lifestyle you have always dreamt of.
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Our Executive Mortgage Banker:
Our Insurance Division:
$460,000
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 | $368,000 | $368,000 | $368,000 |
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 | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $169 | $169 | $169 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,446 | $3,155 |
Total Monthly Payment | $2,692 | $2,690 | $3,399 |
* 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.