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Tranquil Coastal Villa | Steps to the Ocean | West Beach | First-Floor End Unit with Rental HistoryWelcome to 1401 West Beach Villa, a charming one-bedroom retreat ideally located just steps from the beach. This first-floor end unit offers a peaceful escape with tranquil views of Kiawah's lush natural surroundings, visible from the spacious back porch that spans the width of the villa -- the perfect spot to relax and unwind. Inside, the villa features a fully equipped kitchen with white appliances and updated flooring. The bathroom includes a soaking tub with a newly tiled surround, providing comfort and style. Nestled in desirable West Beach, this property is just a short distance from The Sandcastle, Cougar Point Golf Course, and the Conference Center. Whether you're seeking apersonal getaway or a strong investment property, this villa offers an excellent rental history and exceptional location. At closing, the buyer is responsible for a one time fee to the Kiawah Island Community Association (KCIA) equal to 0. 5% of the purchase price.
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$514,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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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 | $411,920 | $411,920 | $411,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,404 | $2,503 | $3,338 |
| Total Monthly Payment | $2,496 | $2,595 | $3,430 |
* 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.