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This Bay Creek Villa gives you the opportunity to own a redesigned Villa offering a larger living space than other Villas. It provides ample room for relaxation and entertainment. The kitchen has been remodeled and features shiplap walls, a bead board ceiling, stainless steel appliances, soft-close cabinet doors and drawers and granite counter tops. These upgrades contribute to a stylish and functional kitchen space. The Villa is beautifully decorated and is being sold fully furnished with very few exceptions. The living area opens up to a covered balcony giving a relaxing place to have your morning coffee. It offers views of the salt marsh, marina, Edisto River and evening sunsets. The queen-size Murphy Bed Bookcase in the living area allows for flexibility, easily transformingthe space into an additional bedroom when needed for overnight guests or family members. It has its own private updated bath with a whirlpool garden tub/shower. The second bedroom has a king size bed and a private bath. This updated bath has a wonderful tile walk-in shower. The laundry area has a stacked washer/dryer and is conveniently located to the second bedroom. Bay Creek Villas are conveniently located to great restaurants, a golf course, Marina and Marina Store and Big Bay Park. For your beach and boating items, there is a private storage locker available under the building, ensuring that your belongings are secure and easily accessible. The beach is only minutes away for your enjoyment. This is a fantastic opportunity for someone looking for a tranquil and convenient living space at the coast.
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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 | $394,360 | $394,360 | $394,360 |
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 | $2,460 | $2,591 | $3,301 |
Total Monthly Payment | $2,535 | $2,666 | $3,376 |
* 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.