Welcome home to Trailside at Drayton Mills! These craftsman style homes boast 9 foot ceilings on the main level, open concept living perfect for entertaining, James Hardie Color Plus Siding and lawn maintenance included. Perfect for an active lifestyle with community access to The Daniel Morgan Trail, a 50-mile paved urban trail system connecting the community to downtown Spartanburg and beyond. Down the trail, visit the Drayton Mills Marketplace including retail, restaurants and event spaces. Minutes from endless shopping and restaurant options on the East Main Street corridor. Award-winning Spartanburg District 7 Schools. Easy commuting to prominent upstate employers including Spartanburg Regional Health, Michelin, BMW, Kohler, and Milliken & Company. Multiple higher education campuses nearby including USC Upstate, Converse University, Wofford University, Spartanburg Methodist College, Sherman College of Chiropractic, VCOM Carolinas, and Spartanburg Community College. Trailside at Drayton Mills is highly sought-after for families, students and working professionals. Come and enjoy everything that this thriving cultural community has. This home will be complete in December! Enter the Winchester home through your covered front porch or rear entry garage into the open kitchen and living space with LVP flooring throughout. Features in the kitchen include beautiful grey cabinetry, white Quartz countertops, tiled backsplash and stainless steel appliances including a gas range/oven and refrigerator. Upstairs you come to the spacious Primary Suite which has a sitting room and features double sinks, walk in closet and 5 ft step in shower with glass door. Two additional bedrooms, full bath and laundry with washer/dryer included complete the second floor. Blinds area also included throughout the home. All our homes feature our Smart Home Technology Package including a video doorbell, keyless entry and touch screen hub. Additionally, our homes are built for efficiency and comfort helping to reduce your energy costs. Our dedicated local warranty team is here for your needs after closing as well. Come by today for your personal tour and make Trailside at Drayton Mills your new home. Builder to provide first year of HOA dues. 100% Financing available. The Drayton Elementary School is in front of the neighborhood. The large playground and open space are available for community use after hours of school. This is a peaceful and convenient addition to the surroundings. See Sales Agent for additional pricing information.
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Our Executive Mortgage Banker:
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$237,990
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 | $190,392 | $190,392 | $190,392 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,235 | $1,219 | $1,581 |
Total Monthly Payment | $1,310 | $1,294 | $1,656 |
* 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.