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3. 56 Acres! Discover the perfect opportunity to build your own home on this spacious lot located in the established Lincolnville area of Summerville or develop the property! This parcel offers privacy and flexibility with no HOA, making it ideal for a custom home, manufactured home, or investment opportunity. Enjoy a quiet setting while still being conveniently located just minutes from Downtown Summerville, shopping, dining, and I-26 for an easy commute. The property provides ample space for a home, workshop, boat storage, or additional outdoor living areas. With mature trees and a peaceful setting, this property offers the perfect blend of rural feel and convenient location. Utilities are available nearby. Property has well that services the home sites currently and septics for each unitNo HOA and flexible zoning allow for a variety of residential uses including site-built, modular, or manufactured homes. EXISTING HOME ON LOT SOLD W/LOT AS-IS! SELLERS DO NOT OWN MOBILE HOMES. LEASES ARE MTM. RENT IS $350/MONTH
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Our Executive Mortgage Banker:
$700,000
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 | $560,000 | $560,000 | $560,000 |
| 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 | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,448 | $3,536 | $4,650 |
| Total Monthly Payment | $3,540 | $3,628 | $4,742 |
* 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.