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This lovely home, located in the heart of Old Town Port Royal, offers a rare opportunity to enjoy the relaxed coastal lifestyle unique to this region of the South Carolina Lowcountry. This property has all the things you seek in a home to include: - First Floor Owner's Suite with an expansive ensuite, - NO HOA, - NO requirement for flood insurance, - Golf Cart Garage, - The option to continue to rent the ADU and help with the mortgage. (And Much More!) The central location allows you to walk or cart to the beach, the boat launch and boardwalk, multiple shops and restaurants, the Cypress Wetlands Trail and many coming soon attractions in motion. Built in 2023, the home itself exemplifies the phrase ''better than new'' and was designed to provide a low maintenance, low stress way of living Every element of this exquisitely maintained home is in pristine condition, including the roof, HVAC, Rinnai (Gas) Water Heater, high end appliances, truly everything. With three bedrooms in the main home, including a first-floor master with a dreamy ensuite, the floor plan can accommodate a variety of uses and family/guest configurations. The extended open area comprising the living space, the kitchen and dining area is ideal for entertaining or just relaxing alone. Additional living space well suited for an office or sitting room is located on the second level. The garage offers ample storage space and the apartment above the garage provides even more flexibility to either supplement your income or use as private guest accommodations or office. The current owners have it rented to a tenant month to month. The home is priced to sell, so please come check it out for yourself. You will not be disappointed.
This information is deemed reliable, but not guaranteed. Neither the Lowcountry Regional MLS, nor the listing broker, nor their agents or subagents are responsible for the accuracy of the information. The buyer is for use by its members and is not intended for use for any other purpose. Source: LowCountry Regional MLS
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Our Executive Mortgage Banker:
$625,000
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 | $500,000 | $500,000 | $500,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.866% |
| Monthly Tax Payment | $319 | $319 | $319 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,995 | $3,157 | $4,119 |
| Total Monthly Payment | $3,406 | $3,568 | $4,530 |
* 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.