Welcome to 889 Terrapin Drive, a spectacular Newport Model nestled in the highly desirable Rivington community of DeBary. This 5-bedroom, 3-bathroom home spans an impressive 3, 600 sq ft and is part of the “Live Beyond Your Backyard” lifestyle. Rivington residents enjoy exclusive amenities, including a resort-style pool with an indoor/outdoor pavilion, playground, abundant green spaces, and beautiful trails for walking or biking. Step inside to a versatile main floor featuring a flexible room that works perfectly as a home office or formal dining area. The kitchen is beautifully appointed with granite countertops, 42-inch cabinets, a built-in microwave and oven, a range hood, and large windows that flood the space with natural light. The thoughtfully located downstairs bedroom is ideal for multigenerational living, offering both privacy and convenience. Upstairs, a sprawling loft awaits, perfect for cozy movie nights, game days, or simply as a secondary living space for unwinding. Four spacious bedrooms provide plenty of privacy, including the luxurious primary suite, a true sanctuary featuring oversized windows and private balcony access for your own serene retreat. The spa-like primary bath includes a deep garden tub, a walk-in shower, and an impressively large closet with abundant storage. Enjoy outdoor living at its best, with a downstairs covered patio perfect for entertaining and an inviting upstairs balcony attached to the primary suite for a private escape. Built in 2022, this home is under the builder’s structural warranty until 2035, offering peace of mind for years to come. Priced at $725, 000 and in immaculate, move-in-ready condition, this home is ready to welcome its new owners. Don’t miss out—schedule your showing today to experience this exceptional property in person!
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 | $580,000 | $580,000 | $580,000 |
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 | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $838 | $838 | $838 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,855 | $4,891 |
Total Monthly Payment | $4,887 | $4,785 | $5,821 |
* 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.