370 Schweers Ln

Mount Pleasant, Charleston, SC · 26 days on market · View on Zillow

370 Schweers Ln

$13M somewhere else buys…

4 bedrooms · 5 baths · 4,277 sqft · 27,443 sqft lot

Built 2020 · 3 Attached Garage spaces · $2923/sqft (city median $310)

In Mount Pleasant's Old Village, where opportunities like this rarely change hands, 370 Schweers Lane enjoys commanding views across Charleston Harbor to the historic Charleston skyline, Fort Sumter, the Ravenel Bridge, and Sullivan's Island.

What this place offers

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air
  • 3 Attached Garage spaces
  • Garage
  • Top school rating 10/10 nearby

The numbers

$41K/yr

Property tax (actual rate)

$45K/yr

Insurance (quoted)

$12,500,000

Down payment20% · $2,500,000
%
Mortgage (principal + interest)$62,551
Property tax$3,438
Home insurance$3,750
All-in monthly$69,738/mo

You'd need about $2,988,775/yr in household income (28% rule) plus $2,500,000 in cash.

Would rent for ~$7,806/mo · 0.7% gross yield

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