Welcome to 1021 Newport Ave, a charming 3-bedroom, 2-bathroom home nestled in the heart of Lakeland, Florida. This spacious residence offers a comfortable and inviting atmosphere, perfect for families or individuals seeking a peaceful retreat.
Step inside to discover a well-appointed interior featuring hardwood floors, a cozy fireplace, a formal dining room, a formal living room, and a family room. The sunlit living room is ideal for relaxing with a good book or enjoying quality time with loved ones. The wet bar adds a touch of luxury and convenience for entertaining guests.
Outside, a lush backyard provides the perfect setting for outdoor entertaining or simply unwinding. The neighborhood offers easy access to nearby shopping, dining, and parks, making it a convenient and desirable location.
For added security, the home is equipped with Ring cameras and floodlights throughout the exterior.
Located just 6 minutes away from Southeastern University and Florida Southern College, 9 minutes from RP Funding Center, 8 minutes from Downtown Lakeland, and 7 minutes from A-rated Cleveland Elementary School, this home is perfect faculty, staff, sports enthusiasts, and families.
Don't miss this opportunity to own a piece of Lakeland paradise. Schedule a tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,998
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 | $319,998 | $319,998 | $319,998 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $311 | $311 | $311 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,127 | $2,699 |
Total Monthly Payment | $2,542 | $2,513 | $3,085 |
* 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.