Charming 3-Bedroom, 2-Bathroom Home on 2+ Acres in North Lakeland – Great Potential for Investors or Homesteaders
This delightful 3-bedroom, 2-bathroom home in North Lakeland offers over 2 acres of prime land, perfect for those seeking room to grow. Originally a citrus grove, the property is rich with potential and awaits a new owner to restore its charm.
The spacious floor plan includes a separate screened-in porch with water and electricity, providing an ideal setting for outdoor dining or entertaining year-round. The oversized well on the porch adds convenience and functionality to the space.
For those looking to bring their equestrian or farming dreams to life, the property includes a separate well for the home and you could easily add outbuildings that can accommodate animals or agricultural projects. The expansive land allows plenty of room for horses, small farming, or even a garden oasis.
With a little TLC, this property offers endless opportunities to create the perfect homestead or investment. Don't miss the chance to make this North Lakeland gem your own! Call today for your private showing. All information, including measurements, is approximate and should be verified by buyers and/or their agents.
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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 | $391,920 | $391,920 | $391,920 |
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 | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $86 | $86 | $86 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,674 | $2,605 | $3,360 |
Total Monthly Payment | $2,835 | $2,766 | $3,521 |
* 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.