Imagine owning your own private retreat situated on 42 acres? with stunning panoramic views of the Blue Ridge Mountains. There is a creek running through the property. The Spring located on the property is waiting for the new owners to create that freshwater pond. This property would be an excellent opportunity for an **Airbnb** retreat with the existing home, Builder looking to start a new **Housing Development** or the possibility of building a **multiple number of Log cabins** due to the acreage being wooded. While the property is private it is in a convenient location only approximately half a mile to Highway 11, **10 minutes from charming downtown Travelers Rest with its shopping, dining and entertainment. ** Approximately 25 minutes from Greenville and 25 minutes from Hendersonville. This well-maintained home features an efficient kitchen with a walk-in pantry, open floor plan and beautiful mountain views from the master bedroom. The living room features a fireplace that is either wood burning or propane. The back deck is a great place to entertain while enjoying the mountain views
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Our Executive Mortgage Banker:
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$895,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.850% |
Monthly Tax Payment | $80 | $80 | $80 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,585 | $4,585 | $6,286 |
Total Monthly Payment | $4,757 | $4,757 | $6,458 |
* 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.