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Location, location, location. You won't find a cheaper waterfront lot in town! Build your Dream Home with beautiful views on this 4 Acre lot in Meggett. What sets this lot apart from others in Meggett? It is one of the few lots that is waterfront w/city water& sewer. NO UGLY Septic mound. No need for an expensive engineered septic. No need to drill a well & reverse osmosis. There is also electric poles and Xfinity and PRTC High speed fiber optic. This is a very unique property with Marsh and salt water pond views. This lot faces a large man made Salt water pond with a three foot concrete culvert that refreshes it with the tides. I was told the pond is aprox. 10-12 feet at low tide and of course a bit higher at high tide. If you love to fish, Saltwater ponds are great for fishing along the entire coast, and most are overlooked by anglers. Spottail Bass and, flounder, along with Sheepshead and Black Drums are some of the species we have caught here. This is a man made pond, which had an old dock on it. You could easily build your own dock just outside your front door. Total of approx 4 Acres (approx 1. 33 acres total highland + approx 2. 67 acres wetland). Lot is within 20 minutes of nature trails at Meggett County Park, Roxbury Park and Caw Caw Interpretive Center, and within minutes to several Fine restaurants and grocery stores. Within aprox. 10 miles you have everything shopping, dining, grocery stores et. . . An easy approximate 20-30 minutes drive to Botany Bay, Edisto Island and Edisto Beach. New Survey Done, ready to build!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $176,000 | $176,000 | $176,000 |
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 | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,098 | $1,156 | $1,473 |
Total Monthly Payment | $1,173 | $1,231 | $1,548 |
* 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.