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With this property, you have an EXTREMELY RARE opportunity to own a Ribaut Road Estate less than a mile from Historic Downtown Beaufort. Comprised of the original 2550+ sq/ft home, a 650+ sq/ft cottage, an inground swimming pool, garage/workshop, alley access away from the main road, and even a putting green; there simply isn't anything like it at this price point in Beaufort Town. The expansive property offers privacy, comfort and convenience, all in the most desirable location. The primary home has a first-floor master, flex space perfect for an office or studio, a chef's kitchen, a lovely dining room and a large screened-in porch overlooking the pool. The cottage is a crown jewel of its own with one level living, a full kitchen, bath and laundry as well as impressive storage. The cottage also has its own driveway and alley access enabling a variety of different possible uses. You can relax in so many different, ways: practice your putting, drop in a few baskets or take a few laps in the pool and then lay out and grab a nice tan. From here you can get anywhere in town with ease including the bases, historic downtown, shopping, health care, you name it. There is no requirement for flood insurance and there is no HOA. Take a look through the attached pics and then come over and experience it for yourself; you'll see there's even more to this offering than can be captured here. (See Attached List of Improvements for some additional insights)
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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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $492 | $492 | $492 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,676 | $4,739 | $6,582 |
| Total Monthly Payment | $5,260 | $5,323 | $7,166 |
* 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.