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Presented by
Bette Gigliotti |
Looking for your next investment opportunity or a property you can make your own? This Deland gem offers plenty of potential and possibilities! Situated on a spacious lot with no HOA, this home provides ample parking space for multiple vehicles, boats, or work trailers — perfect for those who need extra room or plan to rent it out. With some cosmetic updates and a little TLC, this property could easily become a great income-producing rental or a cozy primary residence. The downstairs features 2 bedrooms, 2 bathrooms, a wet bar, family room and the laundry area. Upstairs you will find 2 additional bedrooms, one bathroom, an open-concept living area that includes the kitchen, dining space and living room. Each floor has its own private entrance, making this home ideal for multi-generational living or live on one level and rent out the other. The property also includes a large storage building that can be transformed into an office space, gym or workshop. Enjoy the fenced yard and spacious covered patio, perfect for relaxing or entertaining. Major updates include rewiring and replumbing (2016) PGT windows, granite counter tops, stainless steel appliances, downstairs AC 2023 among other upgrades. The quiet location offers a blend of privacy and convenience, just minutes from downtown Deland, shopping, restaurants, and major roadways. Schedule your showing to see this unique property.
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$319,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.451.0040
Bette.Gigliotti@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $255,200 | $255,200 | $255,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.533% | 5.794% |
| Monthly Tax Payment | $424 | $424 | $424 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,510 | $1,592 | $2,085 |
| Total Monthly Payment | $2,009 | $2,091 | $2,584 |
* 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.