Beaufort's finest waterfront community proudly presents 695 Distant Island Drive, a wonderful new opportunity to build on a pond front interior lot on Distant Island.
Lot 133 boasts beautiful pond views.
This beautiful property is just a very short walk to the community docks, boat launch and waterfront stroll. The Village of Distant Island commands some of Beaufort's most breathtaking waterfront properties. Upscale custom built homes, two community deep water docks with approx. 400ft of dock space for Distant Island property owners, deep water boat ramp and launch conveniently located directly across from the community indoor and outdoor boat storage area, community tennis court, community gardens and a beautiful natural waterfront stroll are some of the things that make The Village of Distant Island one of Beaufort's finest real estate destinations. Approx. 2NM to Intra Coastal Waterway and 5NM to the Atlantic Ocean distinguish this island as a boaters and fisherman's paradise. Located only 2. 5 miles to shopping, 4 miles to the downtown Historic District, Distant Island is quality coastal living in the Low country of Beaufort, South Carolina.
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NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $184,000 | $184,000 | $184,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,224 | $1,223 | $1,578 |
Total Monthly Payment | $1,299 | $1,298 | $1,653 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.