500 Gagens Landing Road, Southold, NY, 11971 | $739,000

Gagen's Landing Retreat awaits your arrival, ready to be your summer home or year-round retreat with the perfect blend of relaxation and adventure. With ample space for a pool and potential for expansion, this 3-bedroom home offers all the amenities of a beach community. A short stroll takes you to the water, perfect for escaping with your paddle board or kayak, leading out to Goose Creek Beach where you can relax in the sand or just enjoy and watch the boats go by. Craving a taste of local life? The welcoming town center is just around the corner, teeming with shops, restaurants, and friendly faces. This North Fork home offers the best of both worlds: tranquility near the water and the convenience of in-town amenities close by. Come escape away to this community and start living your lifestyle today!

Features

  • Rooms: 6
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Style: Raised Ranch
  • Year Built: 1964
  • Garage: 1-car Attached
  • Heating: Oil, Hot Water
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Acreage: 0.3
  • Est. Taxes: $5,333
  • Lot Desc: Level, Near Public Transit
  • Water Front: Yes
  • Elem. School: Southold Elementary School
  • Middle School: Southold Junior-Senior High School
  • High School: Southold Junior-Senior High School
  • School District: Southold
  • MLS#: 3565566
  • Days on Market: 129 days
  • Website: https://www.raveis.com
    /prop/3565566/500gagenslandingroad_southold_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Daniel Gale Sothebys Intl Rlty   Phone: 631-298-4130

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

500 Gagens Landing Road, Southold, NY, 11971

$739,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $591,200 $591,200 $591,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.875% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.425% 7.146% 6.276%
Monthly Tax Payment $444 $444 $444
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,884 $3,929 $4,986
Total Monthly Payment $4,420 $4,465 $5,522

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first 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.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.