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Presented by
Carole Etzel |
A RARE GEM ON THE WATER - Welcome to a once-in-a-lifetime opportunity to create your dream retreat on this spectacular waterfront home site tucked away on exclusive Cotton Island within the prestigious, gated community of Islands of Beaufort. One of the final premium waterfront lots available - spans over half an acre and commands a coveted corner position at the very edge of Cotton Island. This home site is already soil-tested and comes with an HOA approved custom plan available with the purchase of this property, allowing you to move forward with confidence as you bring your vision to life. Adjacent to this property is a quiet greenway and community dock - perfect for launching kayaks or enjoying the water's edge. Don't miss your chance to own a piece of this Lowcountry paradise. The Islands of Beaufort features a clubhouse designed by Robert Poole, offering a host of upscale amenities: a sparkling pool, tennis courts, workout room, pickle ball, two community docks and playground. Custom house plans for this parcel have recently been approved by HOA and are available at cost if interested.
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
Sales Associate
William Raveis Real Estate
Phone: 860.841.3081
Carole.Etzel@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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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 | $319,920 | $319,920 | $319,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.168% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,791 | $1,916 | $2,572 |
| Total Monthly Payment | $1,866 | $1,991 | $2,647 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.