Nestled at the Gateway to Long Island's East End, with over 105 acres of property that runs all the way north to the LI Sound. Boasting 20 undisturbed acres on the Sound with development rights intact and 600 ft. of private beach and a vista along Sound Ave. with approx. 11 acres with Development rights intact. Property includes 2 large barns and outbuildings and 2 bedroom caretakers cottage. The acreage in the center of the property has the development rights transferred and may be used for farming. Property is divided into 10 lots but must be purchased together.
3994 Sound Avenue, Riverhead, NY, 11901
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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