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Looking for an opportunity? Check out this 1. 84 level lot at the corner of Raccoon Road & Hwy 260, just 4 miles south of the town of Manning, SC. Currently zoned PZ w/ immediate potential for income from billboard signs that would pay monthly. Raccoon Road & Hwy 260 South is the main corridor leading to several local boat launches, golf courses, lakeside communities & the Santee Dam. This spot would be perfect for a gas station, storage buildings, bait shop, restaurant, car lot or business of your choice! Zoning permission would have to be applied for by a buyer. This location previously had a home on it, so there is an existing septic system & well. Seller makes no guarantees to their condition. Explore this recently surveyed lot today by using one of the established pull offs on eitherRaccoon Road or Hwy 260. The 1. 84 acres consist of two lots (TM#165-00-02-017-00 & TM#165-00-02-083-00).
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Our Executive Mortgage Banker:
$150,000
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 |
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|---|---|---|---|
| Loan Amount | $120,000 | $120,000 | $120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $739 | $758 | $996 |
| Total Monthly Payment | $814 | $833 | $1,071 |
* 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.