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Rare opportunity to own a pristine homesite on James Island just 7. 2 miles to Folly Beach and 6. 8 miles to Downtown Charleston with no HOA. Positioned at the very end of the road, this is the last lot with no through traffic, offering a quiet and secluded setting. A private rock driveway is already in place, providing direct access to the property. The lot has been cleared of large trees and is ready for site prep, while still maintaining a beautiful wooded border and gorgeous oak trees for added privacy and a stunning aesthetic. This is a true turnkey opportunity with electric already on site, and water and sewer available for connection. Conveniently located less than half a mile to James Island Charter School and within walking distance to the Stephen Washington Park and baseball fieldsyou will enjoy fast and convenient access to local amenities. Buyer to verify all details deemed important including utility connections, school zoning, and specific building requirements.
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,000
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 | $127,200 | $127,200 | $127,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $732 | $814 | $1,056 |
| Total Monthly Payment | $807 | $889 | $1,131 |
* 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.