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This five bedroom, three and half bath home built by Crescent Homes using the Lincoln floor plan is 3, 021-square-foot and situated on a premium pond-site lot in The Hammocks at Cane Bay Plantation. The main level is anchored by luxury vinyl plank (LVP) flooring and nine-foot ceilings with a vaulted ceiling gas fireplace in the family room. This property features cement plank siding, an architectural roof, and a 180-square-foot screened-in back porch. The kitchen is equipped with a gas cooktop, granite countertops, antique white with glass framed upper cabinets, stainless steel appliances, a farmhouse sink, walk in pantry, and a central island with bar seating. The current owner used this home as a vacation property and easily accommodated 20 guests during holiday gatherings. The first floor features a huge primary suite with an ensuite bathroom and double walk-in closets, alongside a dedicated office space with glass paneled French doors. The second level includes a spacious central loft and four secondary bedrooms and two additional full bathrooms. Technical specifications include a tankless water heater and a HERS energy rating. The property includes an attached two-car garage, an extra concrete parking pad with a fully fenced backyard with direct water views. Living in The Hammocks at Cane Bay provides access to a resort-style HOA and community infrastructure. Amenities include two neighborhood pools, playgrounds, and over 20 miles of interconnected golf cart, biking, and walking trails. The community is golf cart-friendly, allowing transit to local shopping, dining, and the Cane Bay YMCA, which offers fitness facilities and sports courts. The HOA covers the maintenance of common areas, green spaces, and community amenities. The location offers proximity to the schools, grocery stores, and boutique shopping of both Cane Bay and Downtown Summerville.
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Our Executive Mortgage Banker:
$549,000
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 | $439,200 | $439,200 | $439,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.933% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,633 | $2,740 | $3,647 |
| Total Monthly Payment | $2,725 | $2,832 | $3,739 |
* 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.