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Charming 3 BR 2 BA Seabrook Island beach cottage nestled on a private half-acre wooded lot. The home is bordered by conservancy lots on two sides for added privacy. With 1, 830 sq. ft. of single level living space, this home is filled with natural light and boasts newer engineered hardwood floors throughout. Natural light floods in through numerous windows across the back of the cottage. Enjoy dining on the back deck while listening to the island birds. Enjoy the perfect coastal lifestyle with easy access to top amenities--walk to the Lake House, racquet club, or equestrian center. Ride your bike to Bohicket Marina and Freshfields Village for shopping and dining, or drive the LSV to the beach and club amenities for ultimate convenience. This home is being sold furnsihed. Seabrook Island's 2, 200 acres of natural splendor serves as a reminder of the pleasures of a slow-paced, coastal way of life. Generations of residents and guests have created lasting memories while immersed in the most peaceful of settings on the hidden semi-tropical barrier island. Seabrook Island, SC is a private, welcoming oceanfront destination home to SIC Audubon Sanctuary Golf Courses as well as an Audubon International Certified Sustainable Community. From lush maritime forests and serene marshes to miles of pristine beaches, Seabrook Island works to keep the serene natural sanctuary thriving. Members of the Seabrook Island Club have access to two championship golf courses, Willard Byrd designed Ocean Winds and Robert Trent Jones, Sr. designed Crooked Oaks, a tournament grade tennis center, pickle ball courts, full-service equestrian center, fitness center and an aquatics options. Residents have access to 4 miles of natural beaches, dining venues, shopping and a plethora of social clubs and activities. Enjoy strolling at Freshfields Village for an amazing shopping experience, or pop in any time of the day for a variety of dining options. For the boating enthusiast, Bohicket Marina is a full-service marina with 200 wet slips, 114 dry storage slips, a quaint market and wonderful restaurants. Buyer acknowledges a fee of 1/2 of 1% of the sales price is payable to the Seabrook Island Property Owners Association (SIPOA) capital fund at closing along with a $250 administrative fee. Buyer acknowledges purchase of any property on Seabrook Island requires membership to the Seabrook Island Club.
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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 | $919,200 | $919,200 | $919,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,585 | $5,886 | $7,944 |
Total Monthly Payment | $5,710 | $6,011 | $8,069 |
* 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.