Caesars Head landmark, The "Mountain House at Caesars Head" Coffee Shop & Restaurant available for sale. Prime location near SC/NC line at scenic Caesars Head. Convenient to Pretty Place, Camp Greenville, Caesars Head State Park, DuPont State Forest, and other attractions. The area has extensive weekend and seasonal traffic and is a convenient stop for hikers enjoying nearby trails. Extremely convenient to the mountain communities Cliff Ridge and Historic Caesars Head. Operating restaurant complete with all FF&E included in sale. Well suited for seasonal breakfast, lunch, and dinner service, as well as hosting small wedding receptions and special events. Square footage listed includes screen porch. Facility has two new mini-split AC units (first AC in building in over 100 years), as well as newly added propane logs. New septic tank added in 2023. Electrical updated by previous owner in 2022. Beautiful one of a kind mural with local wild flowers added in 2023. Kitchen has freezer, refrigerator, three compartment sink, dishwasher, & gas stove/flat top.
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William Raveis Real Estate
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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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $523 | $523 | $523 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,863 | $1,861 | $2,361 |
Total Monthly Payment | $2,461 | $2,459 | $2,959 |
* 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.