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Well-kept 3-bedroom, 2-bath island home with excellent rental history. Easy walk to the beach and to the Isle of Palms Recreation Center, where you'll find a large play park; dog park; baseball and softball fields; indoor gymnasium; and tennis, basketball, and pickleball courts. Bike or golf cart to Front Beach shopping and dining. Enter the home from the front porch into the family room and note the hardwood floors and crown molding that appear throughout the main living areas. Beyond the family room is the eat-in kitchen with stainless steel appliances, granite countertops with white subway tile backsplash, and white Shaker-style cabinetry. A sunroom off of the kitchen offers plenty of space for a dining table and living area, and overlooks the private backyard and pool. A divided light door leads from the sunroom to an additional enclosed sun porch. To the left of the main living areas, you will find the primary bedroom and en suite bath and two additional bedrooms that share a bath. To the right, a sliding barn door separates the main living areas from the laundry room and a storage room. Isle of Palms is approximately 25 minutes from historical downtown Charleston.
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Our Executive Mortgage Banker:
$1,620,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,296,000 | $1,296,000 | $1,296,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.229% | 6.121% | 6.018% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,359 | $7,770 | $10,849 |
| Total Monthly Payment | $7,484 | $7,895 | $10,974 |
* 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.