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''Don't Miss the Boat''Step into the past with this one-of-a-kind 4-bedroom, 4-bathroom home steeped in Folly Beach history and brimming with character. Located right across the street from the ocean, this property offers an unparalleled opportunity to own a truly unique home that captures the spirit of coastal living. The kitchen, built inside the wheelhouse of a retired steamer ship, is a tribute to Folly Beach's origins, when boats, trains, and trolley cars served as changing stations for visitors before returning to Charleston. The back of the house is constructed from a train's maintenance car, seamlessly integrated into the rest of the home with soaring high ceilings that create an open and spacious atmosphere. Adding to its authenticity, the "chief engineer" room has been preserved in its original state, providing a rare and tangible connection to the past. This home is as functional as it is historic. The living spaces are inviting and filled with natural light, with sliding doors leading to a deck where you can enjoy the ocean breeze. Ocean views are visible from every floor, and the top perch offers breathtaking panoramic ocean views as well as marsh views, allowing you to enjoy both sunrises and sunsets. High ceilings and thoughtful design ensure the home feels open and connected, while engineered hardwood floors provide durability and style. Situated on a rare double lot, the property offers privacy and space that is hard to find. Solar panels add to its efficiency, and the location is idealclose enough to bike or walk to Folly Beach's vibrant shops and restaurants, yet tucked away enough to maintain a sense of peace and quiet. "The Boat House" isn't just a home; it's a living piece of history. With its unique construction, historic charm, and unbeatable location, this property is a rare find for anyone looking to own a part of Folly Beach's storied past. Don't miss your chance to make "The Boat House" your own.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,420,000 | $1,420,000 | $1,420,000 |
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% | 6.739% | 6.560% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,628 | $9,092 | $12,272 |
Total Monthly Payment | $8,753 | $9,217 | $12,397 |
* 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.