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Presented by
Burgio Sousa Team |
Nearly 40K projected rental income per year! Live the ultimate island lifestyle on the beautiful Isle of Palms, with beachfront access and vibrant shopping and dining just a block away! Welcome to this turnkey condo at Sea Cabins on the Ocean, where coastal charm meets convenience. This first-floor condo is ideally situated near the base of the Isle of Palms Connector, has access to the private fishing pier, and includes private gated beach access, making every day feel like a seaside getaway. As you step inside, you'll notice the attractive flooring, which was updated in 2015. A lovely bedroom and full bathroom greet you, while charming built-in bunk beds in the hallway offer extra accommodations. The open kitchen, complete with a breakfast bar and a new refrigerator and microwave in 2022, seamlessly flows into the living area, where a sliding glass door invites you onto the balcony. Here, you can sip your morning coffee to the sound of waves and gulls, enjoying the peaceful ocean breeze. Sea Cabins offers more than just a place to call home -it provides access to a sparkling swimming pool and a kiddie pool. This is your chance to own a piece of paradise on Isle of Palmsdon't let this Isle of Palms retreat slip away!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
Sales Associates
William Raveis Real Estate
Phone: 860.983.0457
BurgioSousaTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.990.4029
Jennifer.Carreto@raveis.com
NMLS Mortgage Loan Originator ID 829975
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,721 | $2,912 | $3,884 |
| Total Monthly Payment | $2,813 | $3,004 | $3,976 |
* 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.