Rare and Fantastic opportunity to build and create your very own Family Compound, Family Farm and/or Equestrian property! This expansive lot is zoned Hamlet Residential, (HR), please see attachment for specific uses. Within the 11.2 Total Acres, 2 Acres have an approved Building Envelope. The remaining 9.2 Acres are Preserved Agricultural Land, which enables many uses, such as Field Crops, Fruits, including Apples, Peaches & Grapes, Commercial Horse Boarding, and Livestock. You may also choose to build a Spec home upon the 2 Acres with an easement to the preserved land, and sell and/or rent that home while you farm the land. Or, choose to live in the home and lease the farmland. The possibilities are endless, however, available land like this is NOT! A Great Value!!
Subdivision:
Crystal Pines Estates
Current Use
Agricultural, Horses, Livestock, Ranch, Recreational, Residential, Single Family
Lot Description:
Cleared, Cul-De-Sac, Level, Part Wooded, Pasture, Private, Views
View Description:
Open, Trees/Woods
Elementary School:
Aquebogue Elementary School
Middle School:
Riverhead Middle School
High School:
Riverhead Senior High School
School District:
Riverhead
Riverhead, (Aquebogue), NY, 11931
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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