THE HEART of NEW SMYRNA BEACH!!!
Own TWO separate houses on one property in the Heart of New Smyrna Beach"!!! Rare Opportunity to Live in one house and use the second house as valuable rental income or Mother-in-Law suite. Located in the historic downtown area and only a few blocks from the shopping district. Both houses have their own separate fenced-in backyards, separate utilities, and separate legal addresses -- both addresses are under the same parcel number. The rear house was just completely rebuilt, brand new, from the ground up! It's ALL-NEW Construction, Roofing, Electrical, Plumbing, Windows & Doors, A/Cs -- hand built to match the original structure with historical charm. It's a 2 bedroom 1-1/2 bathroom with an open kitchen, vaulted ceilings, & original red pine wood flooring! Phenomenal layout using every inch with a purpose. Step into a light, bright, vaulted all-open room -- Living area, Dining, and Kitchen. Kitchen has Quartz countertops, farm sink, stainless steel appliances, dishwasher, side-by-side refrigerator, gas stove, microwave/vent. Vaulted ceilings throughout entire home. A huge master bath offers a large glass walk-in shower with built-in seat, skylight for natural lighting, double sinks, lighted vanity mirrors, and a large linen closet. Home also offers a large bonus 18x12 vaulted-ceiling living room/art studio/multipurpose space with Double Carriage Doors that swing open to provide natural light when desired! Full-sized front-loading washer/dryer set on a raised drawered platform for extra storage. Master bedroom has two large closets. 2nd bedroom has a convenient loft space as well as large closet. Home has Mini-Split air conditioning/heat, and matching ceiling fans throughout. There's a cute front porch, as well as a wooden private back deck that steps down to a paver patio. This house is completely fenced-in (dog friendly) separately from the front house, has a paver walkway and sitting area. Truly ONE of A KIND! Pics are great but still don't do it justice unless seen in person. The Front House has a BRAND NEW ROOF as of Nov 2024. There are 2-bedrooms with a 3rd bedroom/office, 1-1/2 bath. Living room has original coquina wood-burning fireplace. Large Dining Room. Beautiful original red pine wood floors. Large four-season front porch with the hand-crank windows. This house has been diligently maintained throughout its ownership.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$768,500
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 | $614,800 | $614,800 | $614,800 |
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 | $432 | $432 | $432 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,090 | $4,086 | $5,271 |
Total Monthly Payment | $4,614 | $4,610 | $5,795 |
* 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.