*Assessment Paid in Full by Sellers* Discover the charm and comfort of this lovely property in the vibrant community of The Landings at Sugarmill, located in New Smyrna Beach, Florida. This residence features two bedrooms and two and a half bathrooms and comes partially furnished. The main floor of this home features an open concept with a half bathroom, kitchen, dining room and living room. Just off the living room, an enclosed patio provides a perfect spot to enjoy the outdoors year-round. The spacious kitchen is well-equipped, ideal for culinary endeavors. Luxury plank flooring, installed less than two years ago, adds durability and style throughout the home. The primary bedroom includes a walk-in closet, offering ample storage space. Additionally, there is an attached one-car garage for your convenience. The seller has already covered the recent assessment building upgrades that should be complete in the next 10 months. A Wind Mitigation inspection has been completed and is available for review. Low HOA dues of $252 per month cover exterior maintenance, lawn care, irrigation, community pool, and playground. The property is conveniently located near shopping centers and restaurants, making everyday errands easy. It is also less than 7 miles from the beach, known for its stunning scenery, perfect for relaxing and soaking up Florida's abundant sunshine. New Smyrna Beach offers a variety of amenities for residents, from outdoor activities like fishing and surfing to art galleries and historical sites. Call today to schedule your tour and discover everything there is to love about this home!
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William Raveis Mortgage, LLC
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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 | $231,920 | $231,920 | $231,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $171 | $171 | $171 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,543 | $1,541 | $1,956 |
Total Monthly Payment | $1,788 | $1,786 | $2,201 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.