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44 Hammocks Way, Edisto Island, SC, 29438 | $242,000
Build your coastal sanctuary on this . 9-acre lot in the gated community of The Hammocks on Edisto Island. Ideally situated directly across from the neighborhood boat ramp, you'll have seamless access to launch your boat, kayak, or inner tube and ride the tide down to Jeremy Inlet for a day of hunting sharks' teeth and shells. Lot 44 offers peaceful views from what would be your back porch down a marsh corridor, providing the perfect backdrop for your custom home. The drive down Jan Savage Way to the gates of The Hammocks is just as stunning, meandering down a shell-sand road through a lush tree lined drive is soothing to the soul. Enjoy the best of ''old Edisto'' with private community perks in a truly serene setting. Tie in to the sewer system available to residents. Survey Available!
Features
- Amenities: Boat Ramp, Community Dock, Walk/Jog Trails
- Zoning: Residential
- Lot Size: 219 x 179 x 242 x 171
- Development: 27 - CLN - Edisto Beach
- Lot Desc: .5 - 1 Acre, High, Level, Marshview
- Elem. School: Northside Elementary
- Middle School: Colleton
- High School: Colleton
- MLS#: 26010543
- Days on Market: 37 days
- Website: https://www.raveis.com
/prop/26010543/44hammocksway_edistoisland_sc?source=qrflyer
Listing courtesy of Anchor Coastal Realty, LLC
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
44 Hammocks Way, Edisto Island, SC, 29438
$242,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $193,600 | $193,600 | $193,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,192 | $1,240 | $1,621 |
| Total Monthly Payment | $1,267 | $1,315 | $1,696 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484