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C Scape checks all the boxes! This wonderful island home is steps from the ocean and a short walk to Center Street shops and restaurants. Sitting on East Arctic Avenue (a one way street), C Scape is aptly named. With numerous outdoor decks and porches it captures views of the Atlantic while offering ample outdoor living spaces. The first floor boasts a large living area with gas fireplace, open kitchen and dining areas with tons of cabinets plus a large butlers pantry with laundry. The light filled spaces glow with pride of ownership. Also on the first floor are two spacious bedrooms with a full bathroom. On the second floor you will find the large master bedroom with walk in closet, ensuite bath and access to the second floor porch. The fourth bedroom may also be found on the second floor with full bath. This adorable bedroom is currently used for the grandkids with additional sleeping found under the eaves of the home. Tons of extra storage for all your beach toys and hobbies may be found in multiple storage rooms under the home in addition to an entertaining areas (imagine oyster roasts!) and an inviting outdoor shower. C Scape is move in ready- offered turn key with furnishings (some exclusions), it definitely checks all the boxes! Don't miss out on this fantastic location and amenities. Homes offering an exceptional island lifestyle don't come along very often on Folly!
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Our Executive Mortgage Banker:
$2,175,000
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 | $1,740,000 | $1,740,000 | $1,740,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.368% | 6.385% | 6.223% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,432 | $10,713 | $14,683 |
| Total Monthly Payment | $10,557 | $10,838 | $14,808 |
* 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.