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Special Interest Rate with Closing Cost Assistance available when using the builder's preferred lender. Welcome to 160 Croaker Drive, a beautifully designed new construction home located in The Cove at Mallard Crossing. Situated on a private lot, this home offers both comfort and convenience in one of Summerville's most centrally located communities. Living here means enjoying quick access to parks, shopping, dining, historic downtown Summerville, and major commuter routes -- all while being zoned for the highly regarded Dorchester District 2 school district. With modern floor plans, smart home features, and exceptional value, this thoughtfully planned neighborhood provides the perfect blend of quality and lifestyle. The Ashley River is a stylish two-story home featuring a desirable rear-load garage and an optional front porch elevation that enhances curb appeal and creates a welcoming streetscape. Inside, the main level is designed around an expansive open-concept layout that supports today's modern living. The large kitchen island anchors the space, offering abundant seating, generous prep area, and clear sightlines to both the dining area and oversized family room. This seamless flow creates one bright, connected living space ideal for entertaining, hosting gatherings, or enjoying everyday routines. At the rear of the home, a dedicated flex room/office provides valuable versatility. Whether used as a private workspace, study, playroom, fitness area, or guest retreat, this additional room adapts easily to your lifestyle without compromising the openness of the main living areas. Upstairs, the Ashley River continues to impress with three spacious bedrooms and two full bathrooms. The primary suite offers comfort and privacy, while the additional bedrooms provide ample space for family, guests, or hobbies. The well-designed second floor separates the home's private sleeping quarters from the main living areas, creating a balanced and functional layout. *The photos you see here are for illustration purposes only, interior, and exterior features, options, colors and selections will differ. Please reach out to sales agent for options.
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Our Executive Mortgage Banker:
$400,000
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 | $320,000 | $320,000 | $320,000 |
| 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 | $1,970 | $2,021 | $2,657 |
| Total Monthly Payment | $2,045 | $2,096 | $2,732 |
* 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.