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New Construction in Mt. Pleasant. Home is under construction. Due to be complete in October. Elevated Home with an Elevator Shaft. Just under a half acre with a salt water canal and HOA space behind the home for privacy and wildlife views. Main Floor Owner's Retreat. Open Concept Home that flows well for everyday living and entertaining alike. The front porch and back screened porch are wonderful extensions of your living space bringing the outdoors in with the large slider wall in back. The kitchen is designed with the chef in mind providing ample storage, with double stacked cabinets and a large walk in pantry, and counter space. The center island is the heart of the home and will be where your new memories will be made. Gather friends and family for breakfast and coffee, homework, cocktails, and holidays. Cozy up to the fireplace in the family room with its shiplap wall and alder wood mantle. The dining space is perfect for daily meals or larger gatherings. The Main Floor Owner's Retreat looks out to the back yard. The bathroom is a retreat of it's own with a large walk in shower and spa-like feel. The closet is a Wow! The study at the front of the home has French doors for privacy making it an ideal home office or den. Upstairs is a huge flex bonus room that you can design to meet your family needs. 3 bedrooms are upstairs. One has its own bathroom, and the other 2 share a jack and jill bath. There is an additional retreat space for upstairs residents to make their own. The home is minutes from conveniences, the beach, and about 15 miles to downtown Charleston. HOA is optional for $60/annually for use of Community Boat Ramp.
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Our Executive Mortgage Banker:
$1,297,163
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,037,730 | $1,037,730 | $1,037,730 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,056 | $6,222 | $8,757 |
| Total Monthly Payment | $6,181 | $6,347 | $8,882 |
* 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.