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Opportunity is Knocking!Whether you're a first-time homebuyer seeking the privacy and freedom of single-family living, an investor searching for a strong rental opportunity, or a buyer eager to build instant equity, this property deserves your attention. This charming 3-bedroom, 1. 5-bath home offers a solid foundation with great bones, a newer HVAC system installed in 2023, and a spacious backyard with endless possibilities for outdoor living, entertaining, or future enhancements. Tucked away on a quiet cul-de-sac, the home offers both privacy and convenience. Enjoy easy access to Downtown Summerville just 8 minutes away, I-26 in approximately 12 minutes, and Historic Charleston only 25 miles from your doorstep. With no HOA restrictions and located in an X Flood Zone, you'll appreciate the flexibility and peace of mind that come with ownership. Whether you're looking to move right in, update to your personal taste, or add value through renovations, the potential here is undeniable. Adding even more value, this property is PATH Program eligible, providing qualified buyers with a unique opportunity and additional financing advantages. Properties with this combination of location, potential, and affordability are becoming increasingly difficult to find. Schedule your showing today and discover the possibilities for yourself. ***Professional Photos will be uploaded shortly***
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Our Executive Mortgage Banker:
$254,900
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 | $203,920 | $203,920 | $203,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,239 | $1,288 | $1,693 |
| Total Monthly Payment | $1,314 | $1,363 | $1,768 |
* 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.