A rare opportunity to acquire one of Orient's oldest operating farms, held in the Terry family since 1730. The farmhouse was built by Marcus Terry in 1850 and operated as the Orient Point Post office until 1913. A large barn with loading dock and original outbuildings complete the offering. Development rights for 14.4 acres have been sold, with development rights intact for an additional 5 acres. There are sound beach rights.
Type:
Single-family residential
Cooling:
None, Wall/Window Unit(s)
Basement:
Bilco Door(s), Partial, Unfinished
Parking:
Driveway, Off Street
Construction
Clapboard, Frame
Lot Description:
Level, Part Wooded
Middle School:
Contact Agent
High School:
Contact Agent
School District:
Oysterponds
Appliances:
Dryer, Refrigerator, Washer
1110 Terry Lane, Southold, (Orient), NY, 11957
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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