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Discover your dream Coastal Retreat with this spectacular spacious 4 bedroom, 2 bath home with breathtaking views of the 15th and 16th holes of Ocean Point Golf Course which is perfect for full time occupancy, family vacation home or rental investment. This generous 2207 square feet of living space with owners suite located on the main living floor is perfect for anyone who loves to entertain! The home's open and bright layout allows for natural light to flood the space, creating a warm and inviting atmosphere! The spacious kitchen opens up to the great room and adjacent to the dining room. The kitchen has stainless steel appliances, beautiful Terrazzo counter tops and a dumbwaiter to move groceries or freight from the 2 bay garage below. Discover your dream Coastal Retreat with this spectacular spacious 4 bedroom, 2 bath home with breathtaking views of the 15th and 16th holes of Ocean Point Golf Course which is perfect for full time occupancy, family vacation home or rental investment. This generous 2, 474 square feet of living space with owners suite located on the main living floor is perfect for anyone who loves to entertain! The home's open and bright layout allows for natural light to flood the space, creating a warm and inviting atmosphere! The spacious kitchen opens up to the great room and adjacent to the dining room. The kitchen has stainless steel appliances, beautiful Terrazzo counter tops and a dumbwaiter to move groceries or freight from the 2 bay garage below. From the moment you enter this Lowcountry beach style home you are met with lovely hardwood floors and a beautiful staircase to the loft bedroom and exercise zone, dining area and great room with fire place. The outdoor living space is so serene with breathtaking views for enjoying morning coffees or hosting evening dinners and cookouts. The expansive underneath covered space is perfect for another entertainment area and has plenty of storage for bikes, beach toys and parking for cars and golf carts. This home sits far back on a cul-de-sac allowing for peace and tranquility, but still a short walk or golf cart drive to all of the fabulous Fripp Island amenities: Beach Club, Restaurant(s), Tennis and Pickle ball Courts, Pool(s), two Golf Courses, Marina. . . This 3+ miles of tranquil and unadulterated beach community is perfect for orning and sunset walks, family gatherings and beach activities. Contently located Historic Downtown Beaufort, Savannah and Charleston this Fripp Island home is just for you. This home is offered as furnished (high end furnishings) minus the exclusion list, making it a true gem and priced for immediate turn-key occupancy.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $940,000 | $940,000 | $940,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $479 | $479 | $479 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,712 | $6,019 | $8,124 |
Total Monthly Payment | $6,316 | $6,623 | $8,728 |
* 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.