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NO FLOOD INSURANCE REQUIRED! MOTIVATED SELLERS! Welcome to 4310 Cotton Flat Rd, an elegant and spacious residence located in the desirable Watson Hill community of Summerville, SC. This 3, 242-square-foot home, built in 2022, offers a perfect blend of modern design and comfortable living. Upon entering, you're greeted by an open-concept floor plan that includes a guest bedroom off the foyer and a formal dining room with a butler's pantry leading to the chef's kitchen. The kitchen is equipped with stainless steel appliances, a gas cooktop, wall oven, tile backsplash, an oversized farmhouse sink, a center island, and quartz countertops. Adjacent to the kitchen is a grand two-story living room featuring a gas fireplace, creating a warm and inviting atmosphere. The second floor boasts an oversized loft, providing ample space for work or play. The owner's suite features a large walk-in closet, double vanities in the en-suite bathroom, a tiled shower, and access to a private second-story covered porchideal for enjoying your morning coffee. Additional highlights include double front porches, a tandem three-car garage, and a large rear covered porch that backs to trust-protected wooded surroundings, offering privacy and a serene outdoor space. The home's exterior is finished with durable vinyl siding and an architectural roof. Watson Hill is centrally located between Summerville and West Ashley, providing convenient access to Lake Moultrie, Lake Marion, Cypress Garden Plantation, Azalea Park, Hutchinson Square, downtown Charleston, and local beaches PLUS only a stone's throw from the historic plantations of Drayton Hall, Middleton, and Magnolia. Residents can enjoy a variety of activities or relax at the community clubhouse and pool. This property is served by award-winning Dorchester 2 School district. Experience the perfect blend of luxury and comfort at 4310 Cotton Flat Rda place you'll be proud to call home.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $442,400 | $442,400 | $442,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,796 | $2,906 | $3,703 |
Total Monthly Payment | $2,888 | $2,998 | $3,795 |
* 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.