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Under contract-accepting backup offers. Ormond Beach home with views of the River! This light and bright split-plan home is just four homes from the Intracoastal Waterway. Enjoy nearby walking and biking trails along the scenic Halifax River, leading to local parks, boat ramps, and popular restaurants. The expansive owner's suite spans approximately 500 square feet and features a spa-like bathroom retreat designed to bring the outdoors in, creating a calming, nature-inspired escape. Situated on a large lot, the home offers a huge backyard with a spacious wooden deck and ample room to add a swimming pool. An attached one-car garage leads directly into a functional mud room with abundant storage, a built-in computer desk, and a wine cooler. A detached carport has been modified to accommodate an RV. Relax on the front porch and enjoy cool river breezes, or unwind on the backyard deck while stargazing under the night sky. A wonderful opportunity to enjoy Florida living with space, comfort, and convenience.
All measurements intended to be accurate but not guaranteed
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Our Executive Mortgage Banker:
Our Insurance Division:
$485,000
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
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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 | $388,000 | $388,000 | $388,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | $291 | $291 | $291 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,326 | $2,421 | $3,196 |
| Total Monthly Payment | $2,692 | $2,787 | $3,562 |
* 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.