Rare and wonderful opportunity to build your very own Dream Home, in a Private, Gated Community, with Deeded Beach Rights! This lot has is ready and waiting for you to submit your Building Plans, as the subdivision that took 4 years to complete, is now finalized. And, just as importantly, Board of Health approval has been granted! This is your chance to build your desired home in a fantastic location, offering private beach access for a nominal annual fee, and supported by the Herod Point Civic Association. See attached proposed plans by Seller. Don't delay, make your dream come true today!
V/L Herod Point, Riverhead, (Wading River), NY, 11792
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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