6231 Nalle Grade Rd, North Fort Myers, FL 33917
3 beds · 2 baths · 2,043 sqft
Experience the perfect blend of rustic charm and modern convenience with this 1.25-acre equestrian estate. Thoughtfully designed for horse enthusiasts and those who appreciate the beauty of Florida’s natural landscape, this mini-estate offers a newer, high-quality 2-stall stable, each 12x12 with automatic water feeders, insulated roofing, and cushioned rubber flooring for your horses' comfort. Nestled among majestic oak trees and native Sabal palms, this property is fully fenced and offers ultimate privacy while still being conveniently close to shopping and major highways. The 3-bedroom, 2-bath home features an open, inviting floor plan with a working fireplace in the family room, creating the perfect ambiance for those rare cool evenings. The 2nd bath leads directly to the enclosed patio, where you can relax and take in the serene views of your expansive backyard. Beyond the home, the property boasts a 24x24 detached garage/workshop with 220V power, ideal for projects or additional storage. A spacious 16x20 Ted Shed has been converted into a well-appointed tack room, providing ample space for all your equestrian gear. The gated entrance with an electronic keypad adds both security and convenience, while mature fruit trees enhance the property's natural beauty. This is the ultimate country retreat, offering the best of both worlds—peaceful, private living with easy access to modern amenities. Don't miss this rare opportunity to own a slice of true Old Florida paradise!
Source: FORTMYERS #225015248
Financials
Source: FORTMYERS #225015248
Source: Public records
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Other resourcesWhat is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.