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Property has approved perc test for a 3 bedroom home. This 8. 4-acre property, located beside 720 McDanieltown Road, Ridgeville, SC 29472 (TMS: 154-00-00-039), offers frontage on and backs up to the Edisto River. With 1 acre cleared and a mulched trail extending further, it provides privacy and space for a home or recreational use. An additional access road leads to the rear of the property, connecting directly to the Edisto River. At least 2. 5 acres at the front are free from wetlands and major flood zones, suitable for building, and mobile homes are allowed. The property has room for a shop, RV, and recreational vehicles, with a boat landing less than a mile away for additional access to the Edisto River. Next road down has an easement to back of the property that leads to the river. accordingly. (Directly beside/north of 720 McDanieltown Road 29472) Wetlands: At least 2. 5 front acreage contains no wetlands Flood Zone (Major): At least 2. 5 front acreage contains no major flood zones
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$119,000
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 | $95,200 | $95,200 | $95,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.472% | 6.443% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $548 | $586 | $772 |
| Total Monthly Payment | $623 | $661 | $847 |
* 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.