Featured Imagery

Exceptional Property

602 LAKESIDE DR, Rural Parkland County

$174,500

null Bedrooms

null Bathrooms

null sqft

Property Highlights

Distinctive Features That Set This Property Apart

◆

Property Type

Vacant Land

Style

No Building

Year Built

1954

Square Footage

N/A

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

◆

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

◆

You've always wanted that lake property and now is your chance. Located on desirable Lakeside Drive at Spring Lake this lot boasts an ideal location to have those perfect sunset moments. Listen to the sounds of nature, paddle the still waters, walk the lakeside meadows, watch the northern lights, take it all in. The quaint community of Spring Lake ...

MLS Number

E4435320

Listed By

Century 21 Masters

Last Updated

May 15, 2025, 9:06 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

◆

Property Specifications

Property Type

Vacant Land

Architectural Style

No Building

Year Built

1954

Climate Control & Utilities

Heating System

See remarks

Exterior & Surroundings

View Type

Lake view

Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

◆

Property Timeline

Historical transactions and listing information

New

MLS# E4435320

List Date

May 8, 2025, 10:22 p.m.

List Price

$174,500

Property Type

Sale

Financial Planning

Tools to Help You Plan Your Investment

◆

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

Property Purchase Price

300,000

Down Payment

20%

Interest Rate

% p.a.

Amortization Period

Monthly Payment

$1,216

Per Month

Mortgage Details

Loan Amount

$240,000

Total Interest

$197,776

Total Payments

$437,776

Loan-to-Value Ratio

80%

Total Number of Payments

360

Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Analysis Period:

Total Income

$4,300/monthly

2 income sources

Total Expenses

$2,530/monthly

3 expense items

Net Cash Flow

$1,770/monthly

Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.