|
|
Discover the perfect blend of freedom and investment potential at 209 Short Cut Rd, a stunning residential lot nestled in the heart of Westminster’s peaceful Poplar Springs Ridge subdivision. This Oconee County gem provides a rare "blank slate" opportunity for both homeowners and savvy investors looking to capitalize on a high-demand market. Spanning just under an acre, the land features a beautiful mix of mature hardwood trees and a gentle, level slope that is ideal for building. One of the most attractive features of this property is the absence of a mandatory HOA, granting you the liberty to enjoy your land without restrictive monthly fees or rigid oversight—a major win for those looking to maximize ROI or custom-build without red tape. Whether you are dreaming of a traditional custom build or looking to maximize the lot's value with a modular or manufactured home, the property is ready to accommodate your vision with public water available and septic capabilities already in place. Investors will appreciate the multiple exit strategies: the lot currently features an existing trailer and a detached garage, and while the seller is open to negotiating the removal of these structures prior to closing, they offer a unique footprint for renovation or immediate utility. With low county taxes, high-speed internet availability for the modern workforce, and a serene, wooded setting, this lot offers a rock-solid foundation for a primary residence or a lucrative rental addition to your portfolio.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$100,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $80,000 | $80,000 | $80,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.374% | 6.524% | 5.373% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $480 | $499 | $653 |
| Total Monthly Payment | $555 | $574 | $728 |
* 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.