Under contract-accepting backup offers. WOW! 20 acres In New Smyrna Beach. Build your dream home here and live in the 100 x 25 metal building ( finished in 10-23) that has a 625 sq ft home on one end while you are building. in this large building you could build out as more living space, or make a workshop in it, or if you are lucky to have a car collection, you could build out an area for that. Sit in the living room and look out either slider to see the wildlife and sunsets! There is even an outside shower. New water softener in Oct '23. Septic tank and field is 10 years old. There is a 2 car carport, RV storage with 30 amp electrical ( 20 x 50 and 17 height peak) on concrete pad. Check out the container home that is used by Seller when storms would come. Tractor will convey with purchase. There is a pond with a fountain, yes you can fish in here. Also on the property there is a 728 sq ft single wide mobile home. The Seller lived here before he finished building the home in the metal building.
There is a tenant now, paying $700 monthly. they can stay or leave. Where the mobile home is would be a great spot to build the home.
There are existing signal boosters for TV and cellphone reception. Pool table will also convey with property. This is a rare find, don't let it pass by. *** Seller has a forestry survey and a boundary survey****
****HOME is eligible for the USDA loan****
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:
$699,000
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 | $559,200 | $559,200 | $559,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $81 | $81 | $81 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,716 |
Total Monthly Payment | $3,987 | $3,889 | $4,888 |
* 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.