Welcome to this charming great starter home located in the beautiful city of Lake Wales. This property offers a comfortable living space with 3 bedrooms and 2 bathrooms, making it an ideal choice for individuals or small families. With a heated area of 1, 352 square feet, there is plenty of room to relax and unwind. Situated on a spacious . 24 acre lot, this home provides ample outdoor space for various activities and potential future expansions. The surrounding neighborhood offers a peaceful and friendly atmosphere, perfect for those seeking a tranquil living environment. Inside, you'll find a well-designed layout that maximizes functionality and comfort. The bedrooms are generously sized, providing enough space for personalization and relaxation. The bathrooms are modern and well-maintained, offering convenience and privacy. This property is conveniently located near essential amenities such as schools, shopping centers, and recreational facilities, ensuring that all your daily needs are within easy reach. Lake Wales itself offers a range of outdoor activities, including boating, fishing, and hiking, providing endless opportunities for adventure and relaxation. Don't miss the chance to make this great starter home your own. Whether you're a first-time buyer or looking to downsize, this property offers a wonderful opportunity to create lasting memories in a desirable location. Schedule a viewing today and experience the potential this home has to offer.
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:
$220,000
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 | $176,000 | $176,000 | $176,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.171% | 6.538% |
Monthly Tax Payment | $223 | $223 | $223 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,201 | $1,170 | $1,509 |
Total Monthly Payment | $1,499 | $1,468 | $1,807 |
* 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.