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Located minutes from the rapidly expanding Clements Ferry corridor, and just three miles from Charleston's newest Del Webb community, this property combines the tranquility of a natural setting with exceptional access to one of the region's most significant areas of residential and commercial growth. Adjacent to the protected beauty of the U. S. National Forest, the property enjoys a secluded setting surrounded by native landscapes while remaining close to shopping, dining, healthcare, schools, parks, trails, and everyday conveniences. Point Hope continues to expand with new residential communities, retail destinations, medical offices, and recreational amenities, further enhancing the area's long-term appeal. Currently operating as A & B Event Center, the property offers a uniqueopportunity for buyers seeking a private estate, retreat setting, place of worship, community gathering space, educational facility, live/work environment, or long-term investment opportunity, subject to zoning verification and applicable approvals. Current 5000 sq ft building has a capacity of 275 guests and parking for 100. Buyers are encouraged to independently verify all intended uses with Berkeley County. Ideally located with convenient access to Charleston, Daniel Island, Mount Pleasant, I-526, and the expanding Clements Ferry Road Corridor, the property provides a unique balance of accessibility and natural beauty. Adjacent to US Forest Service land and ongoing growth throughout the corridor, opportunities offering this combination of location, flexibility, and natural surroundings are becoming increasingly difficult to find.
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Our Executive Mortgage Banker:
$1,800,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,440,000 | $1,440,000 | $1,440,000 |
| 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 | 6.239% | 6.086% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,403 | $8,634 | $12,152 |
| Total Monthly Payment | $8,528 | $8,759 | $12,277 |
* 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.