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Welcome to 516 Eastway Drive, a delightful 4-bedroom, 2-bathroom home nestled in the heart of South Lakeland. This charming property offers the perfect combination of comfort, functionality, and convenience.
Located on a quiet street, you'll enjoy easy access to the Polk Parkway, making commutes a breeze. Just minutes away, you'll find an array of shopping centers, popular restaurants, and excellent schools—everything you need right at your fingertips.
One of the standout features of this home is the attached mother-in-law suite. Complete with its own private entrance, kitchenette, living room, bedroom, and full bathroom, it's ideal for guests, extended family, or even as a rental opportunity.
Inside, you'll appreciate the convenience of an indoor laundry area and a thoughtful layout with tile and laminate flooring throughout. The kitchen comes fully equipped with an island, essential appliances and tons of storage.
Step outside to a spacious lot with mature landscaping that offers both privacy and a sense of tranquility. A large storage shed provides additional space for your tools and outdoor gear, completing the package.
Don’t miss your chance to own this versatile, well-located home in one of Lakeland’s most desirable neighborhoods. Schedule your private showing today!
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:
$295,000
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 | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 7.075% | 6.172% |
Monthly Tax Payment | $56 | $56 | $56 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,531 | $1,550 | $1,976 |
Total Monthly Payment | $1,662 | $1,681 | $2,107 |
* 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.