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1/4 share opportunity to enjoy Edisto Beach living! Located at the end of the street on Jungle Shores Drive, in a private cul-de-sac, this inviting marsh front property is the quintessential Edisto beach getaway! Your 25% share offers you one week each month and is easily exchanged with the other three owners along with 25% interest in a golf cart. This custom built marsh front home is only a short walk from the beach. The open floor plan allows for lots of sunlight and an easy flow between the kitchen, great room, wet bar and dining area. With easy access to the screened in porch/sundeck where you will enjoy the beautiful marsh views. The fully equipped kitchen with an island, gas range, custom cabinetry, and large pantry, make entertaining a breezDown the hall you will find a powder room and convenient access to the laundry room. Additionally, the spacious primary bedroom with ensuite bath is on the main level. This primary suite affords generous closets, a soak tub, separate shower, and dual vanities. Upstairs 2 bedrooms share a Jack-& Jill style bath and the 4th bedroom uses the upstairs hall bath. This home offers tons of storage, plenty of parking and a fabulous opportunity to have the beach house experience without the full beach house expense! Includes shared bikes, beach chairs, cornhole, beach toys and golf cart. 2nd fridge/freezer in garage Showings will need to be scheduled to accommodate home owners schedules.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $260,000 | $260,000 | $260,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.290% | 6.404% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,774 | $1,752 | $2,212 |
Total Monthly Payment | $1,849 | $1,827 | $2,287 |
* 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.