BEAUTIFUL INVESTOR AIR B&B or OWNER'S RESIDENCE! CONVENIENT GROWING LOCATION! NICE LARGE LOT! LOVELY NEARLY NEW HOME! BEAUTIFUL NEW SCHOOLS! NO HOA FEES! GREAT PRICE FOR ALL! This location is just off the I-385, in the quaint little town of Fountain Inn, adjacent to Simpsonville and in the direction. GREENVILLE has been growing for years! Very popular area due to the convenience for interstate to commute to other Upstate cities including SPARTANBURG, ANDERSON and even south to our state capitol of COLUMBIA. Traveling to the GREENVILLE/SPARTANBURG INTERNATIONAL AIRPORT is also easy. This custom home was built in an established neighborhood with older homes. In advantage of not having an HOA offers opportunity for investors to potentially use for short term rental (currently used in that manner). The yard is nice and basically flat and doesn't back to another home. . . . potential for your RV or boat. The craftsman-style home offers a rocking chair front-porch and a modern popular design. The living room features a ventless fireplace with ability to have warm air and to change the color of the stone and flames. The office upfront can be a flex room for an exercise room or children's playroom. The beautiful dining room and kitchen area has granite countertops, stainless appliances, and an island. The owner's suite is complete with a walk-in closet and is ensuite to a bathroom with separate tub and shower. There are two more bedrooms and one more bathroom upstairs. You are sure to enjoy usage of the back porch and the patio with the firepit in yard, while your children or pets can run and play on the almost half-acre lot. This LOVELY HOME will be a "wonderful find" for the buyer who likes custom newer construction with abundant yard space and an AMAZING LOCATION! GREAT PRICE for ALL THIS UNIQUE PROPERTY OFFERS! (If SF is important to buyer, buyer must verify. )
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Our Executive Mortgage Banker:
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$500,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
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 | $25 | $25 | $25 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,661 | $2,659 | $3,430 |
Total Monthly Payment | $2,777 | $2,775 | $3,546 |
* 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.