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Seabrook Island getaway! This 3 bedroom, 2 bath Summer Wind Cottage is conveniently located just a short bike ride from the beach and Seabrook Island Club amenities. A 10 minute walk takes you to Boardwalk 9 where you can enjoy breathtaking island sunsets. Enjoy numerous outdoor living opportunities with a spacious screened porch surrounded by trees, a deck for grilling and an additional screened area below the cottage. The primary bedroom features an en suite bathroom and walk-in closet along with access to the screened porch. Two guest bedrooms are located on the opposite side of the living space and share a bathroom. The laundry and water heater have been moved to a room under the cottage which allows for more storage space upstairs. There are hardwood floors throughout and plantationshutters on all windows and sliding doors. New HVAC system, stand and ductwork installed in 2019. Screen for upstairs porch was replaced in 2020 with a system that allows for easy repair to sections if needed. Under the cottage you will find ample parking, kayak storage racks, lockable bike storage and an outdoor shower. Sold mostly furnished. Seabrook Island Club membership is required upon purchase. Listing agent is owner.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,968 | $4,178 | $5,324 |
Total Monthly Payment | $4,060 | $4,270 | $5,416 |
* 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.