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Welcome to the good life! This truly is the Southern Living Dream! Sprinkled with historical Grand Oaks and Spanish Moss, and located LESS THAN 16 MILES from DOWNTOWN CHARLESTON, this rare TRUE DEEP WATER lot located on the intracoastal will stun you with its unparalleled view of the Stono River. Owner has recently acquired a DOCK PERMIT which is attached. Enjoy boating, fishing, crabbing, and hunting for sharks teeth along the bank at low tide. Hop on the boat or kayaks and go down to the popular sandbar hangout next to the Limehouse bridge. The property was just cleared of all the underbrush, but owner DID NOT clear cut leaving the beautiful trees and character of the lot. Get the best of both worlds with the feeling of secluded southern living, all while being just minutes from the new grocery stores, shops, and dining at Beesferry rd, and less than 30 minutes to downtown Charleston. You will not find another true deep water property with a dock permit within 15 miles of Charleston for this price. See attached recent survey showing private access from Waterway Ln directly onto the property. Whether you are buying to build your dream home in the future, or whether you are ready to build now, this is one you do not want to miss!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,920 | $639,920 | $639,920 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,992 | $4,204 | $5,357 |
Total Monthly Payment | $4,084 | $4,296 | $5,449 |
* 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.