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Direct oceanfront, just steps from Fripp's best beach, fabulous floor plan, with outstanding rental performance! Gourmet kitchen with shaker cabinets, granite tops, SS Appliances, Bosch glass cooktop, overlooking oceanfront family room with wet bar, game table, Bamboo ceramic tile floors, and tons of room for the whole family. Four bedrooms on the first floor, two flanking each side of the family room, 2 are oceanfront, and each have Jack 'n' Jill baths. The family room and two of the first floor bedrooms all open to a new spacious oceanfront Timber Tech sunning deck, just steps from beach at all tides. Up-stairs you will find a world class 2, 000 sq. foot, 3 room primary suite, all with a private balcony. The primary bedroom is huge with oceanfront club seating. This suite also has an adjacent sitting room with the "Mermaid" wet bar, fold-out sofa, (should you need an extra bed) and flatscreen TV. A quiet oasis from the family. The bath section is exceptional, with two separate vanities, two separate showers, tons of storage, and of course a jetted tub for a relaxing oceanfront experience. This home enjoys an outstanding rental history, and is self-managed through VRBO. The owners are Fripp Club members.
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$2,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | $1,658 | $1,658 | $1,658 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,314 | $12,806 | $17,285 |
Total Monthly Payment | $14,097 | $14,589 | $19,068 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.