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Imagine a property that delivers Lowcountry living AND powerful investment potential. This property will be sold as-is. The seller will make no repairs. Welcome to 3406 Old Pond Road, a truly unique opportunity in the heart of booming Johns Island. This isn't just a home; it's a versatile asset poised to capitalize on the area's growth, on nearly an one-acre lot with NO HOA. The 1, 375 sq ft brick main home, built in 1972, features 4 bedrooms and 1. 5 bathrooms. Just steps away, a separately titled 1979 mobile home with 2 bedrooms and 1 bathroom expands the property's versatility--ideal for private guest space, multi-generational living, or income-producing use. Two storage buildings, one large and one smaller, provide additional functionality for tool or equipment storage, or special projects. This address offers convenient access to Maybank Highway, the Main Road corridor improvements, and Johns Island's expanding commercial, retail, and hospitality destinations. This property offers both comfortable living and diverse ownership possibilities in a community experiencing strong growth. Whether you're seeking a primary residence with added flexibility or a unique investment in Charleston's fast-growing corridor, 3406 Old Pond Road is a property with vision and value. Buyer to verify all details important to them, including square footage, zoning, rental use, septic capacity, school zones, and flood zone.
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Our Executive Mortgage Banker:
$525,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $420,000 | $420,000 | $420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.132% | 5.396% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,319 | $2,515 | $3,349 |
| Total Monthly Payment | $2,411 | $2,607 | $3,441 |
* 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.