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501 Rhythm sits on a charming corner lot complete with white picket fence and wrap-around porch. On nearly 1/4 acre, this Midtown gem is priced to sell with one of the area's best price per sq/ft values. Inside, a welcoming foyer opens to two flex spaces; a right-side study with glass French doors (perfect for a main-floor office, a 4th bedroom or guest room with the addition of a murphy bed) and a left-side room that can serve as a formal dining or main-floor playroom, connected to the kitchen via a butler's pantry (wine fridge, coffee bar, prep space) and a walk-in pantry. The immaculate kitchen overlooks a cozy & chic living area with a gas fireplace and dramatic sliding glass doors that open to a screened porch and fully fenced backyard. These incredible doors are a stand out feature of the home, allowing natural light to fill the room and enable you to open your entertaining space up to the outdoors nearly year-round (this is Summerville after all). Additional upgrades include higher baseboards, black doors, and on-trend lighting throughout the home. Upstairs you'll find three bedrooms, including the primary suite, plus a loft (a flexible space for a playroom, gym, office or additional hangout). Nexton is the premier master planned community in Summerville SC. 501 Rhythm is less than a 5 minute walk to the Midtown Club where you'll enjoy the resort-style pool, fitness center, yoga studio, pickleball and tennis courts and year-round community events. A NEW dog park & sport courts are going in near the pond across from 501 Rhythm as well! Ride your bike to Nexton Elementary - and soon - the brand new Nexton Middle School (opening August 2026). Take the golf cart to area favorites like Ruby's NY Style Bagels, The Pickle Bar and Summit Coffee with major grocery retailers like Publix and Harris Teeter also just a bike or golf cart ride away. You're less than 5 miles from dozens of shops & restaurants located in Nexton Square and the picturesque downtown area of Summerville. A beach day at either Folly Beach or Isle of the Palms is less than an hour away, as is an afternoon in Historic Downtown Charleston. Start living a life you don't need a vacation from, get ready to pull open those massive sliding doors and start planning your housewarming BBQ party at 501 Rhythm.
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Our Executive Mortgage Banker:
$650,000
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 | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.144% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,912 | $3,114 | $4,180 |
| Total Monthly Payment | $3,004 | $3,206 | $4,272 |
* 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.