114 Castaway Cv, Cedar Point, NC 28584
4 beds · 3 baths · 3,139 sqft
Welcome to your dream estate in the prestigious Marsh Harbour community—a luxurious 4-bedroom, 3 full bath residence designed for those with discerning taste. As you step inside, you're immediately greeted by an expansive open floor plan, seamlessly connecting the inviting living area, elegant formal dining room, and a true chef's kitchen. At the heart of this home, the kitchen boasts a professional-grade gas stove and oven, perfect for culinary enthusiasts. The oversized island with stunning Carrera marble. from Italy serves as a natural gathering spot, ideal for hosting holiday feasts or casual brunches. Soft-close drawers and ample cabinetry offer abundant storage, ensuring a clutter-free space that's as functional as it is beautiful. Two versatile rooms on the main floor provide endless possibilities—whether you envision a dedicated office, playroom, or home gym, the choice is yours. As you ascend to the second floor, you'll discover the opulent master suite, a true retreat that features a built-in wardrobe, a cozy fireplace, and generous space fit for royalty. The en-suite bath is pure luxury—a spa-grade sanctuary complete with a spacious walk-in glass shower and an oversized soaking tub for ultimate relaxation. The expansive closet is a dream come true, thoughtfully designed with custom inserts for flawless organization. Including both boat storage and a community pool under many of the HOA benefits, this community really has it all. Nestled on a peaceful cul-de-sac, this marsh-front home offers breathtaking views and showcases the enchanting Eastern Carolina sunsets from your own private haven. Just a five minute drive from public beaches and a 10 minute drive to the ferry which takes you to Bear Island. Do not miss this once-in-a-lifetime opportunity to own a slice of paradise.
Source: NORTHCAROLINAREGIONAL #100472667
Financials
Source: NORTHCAROLINAREGIONAL #100472667
Source: Public records
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Other resourcesWhat is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.