Discover the perfect coastal retreat at 123 Ocean Point Drive, located in the desirable Fripp Island Resort. This charming property boasts three spacious bedrooms and three well-appointed bathrooms, offering a comfortable living space of 1, 594 square feet. Enjoy breathtaking views of the golf course, lagoon, and ocean from the expansive porch, where you can unwind and soak in the serene surroundings.
Step inside to find a bright and inviting great room, ideal for both entertaining and relaxation, featuring built-in elements that enhance its functionality. The updated kitchen is a chef's dream, equipped with a center island that fosters a warm gathering space. The luxurious primary suite promises tranquility with its stunning views, complemented by a primary bath that includes dual and a generous walk-in closet. Two additional bedrooms provide ample accommodations for guests, ensuring everyone feels right at home. A bonus is a private pool that is used exclusively for Sandown property owners
Living at Fripp Island Resort means enjoying a wealth of community amenities that elevate your lifestyle, making this property not just a home, but a gateway to a vibrant and engaging community. Experience the best of coastal living in this exquisite property.
Club membership required for use of club amenities.
This material is based upon information, which we consider reliable, but because it has been supplied by third parties, we cannot represent that it is accurate or complete, and it should not be relied upon as such.
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William Raveis Real Estate
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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 | $680,000 | $680,000 | $680,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $164 | $164 | $164 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,410 | $4,410 | $6,017 |
Total Monthly Payment | $4,666 | $4,666 | $6,273 |
* 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.