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This rare 4-bedroom marshfront home is priced below recent appraisal- an exceptional opportunity to make it yours today! This neighborhood is beautiful with mature trees and surrounded by marshfront and water views. 840 Forrest Drive depicts a perfect example of island living with elevated construction and a screened porch on the back overlooking marsh. It's lowcountry living at it's finest. This elevated style home is upgraded to the nines and spotless with extra builder upgrades and others added by the current owners. The oversized garage large enough to store cars, golf cart and more is very spacious. Enter the home into the foyer and notice the hard surfaced flooring and the 10 foot ceilings. The main level brings in so much natural light during the day through windows on every wall and has a downstairs bedroom and full bathroom. The family room has a fireplace, update lighting, large crown and floor molding and opens to an all white kitchen with quartz counters, stainless appliances, double gas ovens, gas range and vent hood, tile backsplash, upgraded lighting and soft close cabinets. The kitchen opens to a breakfast/dining area and the spacious family room. Your family room has a gas fireplace and screened porch off the back where evening sunsets bring the southern charm that you will love. The screened porch is spacious with beautiful views of the marsh perfect place for an evening sunset. Upstairs has matching hard surfaced floor throughout (No Carpet) on the second level and includes the master bedroom and beautiful bathroom with double sinks, stunning separate separate shower and a large walk in closet that you'll appreciate. Also upstairs is the laundry room, 2 more bedrooms, a full bathroom and of course. . . More views. This home has large closets for extra storage and so much more that you will love. The neighborhood includes 2 crabbing and fishing docks, a dock to amenities, island with a screened pavilion and a floating dock that is perfect for your activities on the water. A community pool will round out the list of neighborhood amenities and is under construction! Location is key on this one and the neighborhood is even better in person so schedule your showing today and see why the neighbors love calling The Island at Governors Cay home.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $740,000 | $740,000 | $740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 6.865% | 6.706% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,617 | $4,800 | $6,446 |
Total Monthly Payment | $4,709 | $4,892 | $6,538 |
* 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.