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Survey on hand! Discover the perfect canvas for your dream home on this stunning 0. 36-acre vacant lot, one of the few remaining open lots in the prestigious Cottage Farm custom home community. This prime piece of real estate offers a serene and picturesque setting with the back of the property bordering a tranquil pond, providing a peaceful and scenic view. Located diagonally across the street from the community dock on Battery Creek, you'll enjoy easy access to the water and beautiful marsh views. The lot is also ideally situated along Beaufort's Spanish Moss Trail, offering convenient walking access to this popular trail. This lot's location is unbeatable, just minutes away from Beaufort's Spanish Moss Trail and Beaufort Memorial Hospital. A short drive, less than a mile, will take you to historic downtown Beaufort, where you can explore charming shops, delightful restaurants, and the picturesque waterfront park. For those who love the coast, you're only a 30-minute drive from the sandy shores of Hunting Island State Park and its pristine beach. Additionally, the vibrant community of Port Royal is under a 10-minute drive away. The Cottage Farm community features low-cost HOA annual dues, making it an attractive and affordable option for building your custom home. Don't miss this rare opportunity to secure a prime lot in one of Beaufort's most desirable neighborhoods.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $100,000 | $100,000 | $100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $624 | $657 | $837 |
Total Monthly Payment | $699 | $732 | $912 |
* 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.