803 Somerset Drive, Yemassee, SC, 29945 | $65,000

Wooded 0. 36-Acre Homesite in Rivers Reach--Buy now and build when ready on this . 36-acre parcel with majestic oak trees in Rivers Reach, a new deep-water community along the Pocotaligo River. Residents enjoy elevated waterfront living with stunning marsh views and a shared community dock for boating, fishing and kayaking. The development offers around 2, 000 feet of deep-water frontage and rare access to deep-water marsh front. Located off I-95 at exit 33, Rivers Reach is situated midway between Savannah and Charleston and minutes from Beaufort; Hilton Head's beaches are less than an hour away. Low HOA fees, community boat/RV storage, and proximity to the future Jasper Port at exit 3 make this property a smart investment. Secure one of the limited homesites in this peaceful Lowcountry enclave and design your custom retreat in a community that combines natural beauty with convenience.

Features

  • Amenities: Boat Ramp,Dock
  • Development: Jasper County
  • Lot Desc: 1/4 to 1/2 Acre Lot
  • View: Landscaped,Trees/Woods
  • Water Front: Yes
  • MLS#: 500200
  • Website: https://www.raveis.com
    /prop/500200/803somersetdrive_yemassee_sc?source=qrflyer
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Listing courtesy of Charter One Realty   Phone: 843-815-0055

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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803 Somerset Drive, Yemassee, SC, 29945

$65,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $52,000 $52,000 $52,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.524% 5.730%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $311 $324 $425
Total Monthly Payment $386 $399 $500

* 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.