|
Versatile Lake View Living at 1201 Crescent Street, SummertonWelcome to 1201 Crescent Street--a charming, cottage-style home just one row back from the stunning ''Big Waters'' of Lake Marion. Used primarily as a secondary residence, this well-maintained property offers incredible flexibility and income potential, making it a smart choice for both homebuyers and investors. . Set on a spacious 0. 57-acre lot with two driveways and dual access from Crescent Street and Princess Pond Road, this home features two fully functional living levelseach with its own private entrance. The lower level includes two bedrooms, a full kitchen, and a bathideal for a mother-in-law suite, guest accommodations, or separate living quarters. The upper level offers one bedroom, a full bath, and a second full kitchenperfect for creating private rental space or multigenerational living. Enjoy peaceful lake views from screened porches on both floors, framed by mature azaleas that add vibrant seasonal color. Recent upgrades include a new metal roof, digital ductless HVAC units, newer appliances, and a new water treatment systemall offering modern comfort and reliability. Just minutes from Santee and I-95, and with no HOA restrictions, this home offers both convenience and freedom of use. Whether you're seeking a quiet retreat, a full-time residence, or a property with short-term or long-term rental potential, 1201 Crescent Street is a rare opportunity you don't want to miss. Schedule your private showing today and explore the possibilities!
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:
$290,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $232,000 | $232,000 | $232,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,317 | $1,389 | $1,850 |
| Total Monthly Payment | $1,392 | $1,464 | $1,925 |
* 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.