40 Lakeshore Drive, Norfolk, MA, 02056 | $499,900

Have you always dreamed of owning waterfront property? This may be your chance to own a slice of Populatic Pond. This cozy 3 bdrm ranch is awaiting its new owners to bring their ideas and living style to make this home their own. Surrounded by gardens, the backyard may be the oasis you've been looking for, awaiting large gatherings or just creating your own peace surrounded by gardens, sitting on the deck, by the water, skating, or ice fishing on the pond. Bonuses include the roof and windows were replaced in 2018, the chimneys being repointed, there is loads of basement storage with the full walk-out to the backyard and more storage outside with two shed/storage structures. The property is being sold as-is. Title V failed and is the Buyer's responsibility. The sale is subject to the Seller finding suitable housing. Showings will only be during Open Houses.

Features

  • Amenities: Walk/Jog Trails, Stable(s), Conservation Area
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: In Basement
  • Style: Ranch
  • Year Built: 1947
  • Basement: Full, Walk-Out Access, Unfinished
  • Approx Sq. Feet: 960
  • Acreage: 0.29
  • Est. Taxes: $7,502
  • Lot Desc: Easements, Cleared, Gentle Sloping
  • Water Front: Yes
  • Appliances: Range, Refrigerator
  • MLS#: 73306607
  • Website: https://www.raveis.com
    /prop/73306607/40lakeshoredrive_norfolk_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
Listing by Lisa Biggar courtesy of LAER Realty Partners

Room Information

Type DescriptionDimensionsLevel
Bedroom 2 Closet9.0 x 9.0Main,First
Bedroom 3 Closet9.0 x 8.0Main,First
Dining Room Flooring - Wood7.0 x 14.0Main,First
Kitchen 19.0 x 6.0Main,First
Living Room Flooring - Wood14.0 x 17.0Main,First
Master Bedroom Closet, Flooring - Wood9.0 x 16.0Main,First

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

40 Lakeshore Drive, Norfolk, MA, 02056

$499,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $399,920 $399,920 $399,920
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 7.477% 7.159% 6.296%
Monthly Tax Payment $625 $625 $625
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,661 $2,658 $3,373
Total Monthly Payment $3,361 $3,358 $4,073

* 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.