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56 Woodcliff Trail, Riverhead (Baiting Hollow), NY, 11933 | $125,000
Summer living in a Seasonal Duplex in Very Good Condition in Woodcliff Park! Calling all investors, builders, families who love summer, and anyone in need of the perfect getaway! Welcome to 56 Woodcliff Trail, Baiting Hollow, NY - a one-of-a-kind duplex nestled within the peaceful Woodcliff Park community, which boasts 200 charming cottages. This 3-bedroom, 1-bath home is in very good condition and offers a truly unique opportunity as the only duplex in the entire community. What makes this property special? The cottage is seasonal, available for use from April 15 to October 15. The land lease is half-priced! Thanks to the duplex setup, the other side of the cottage pays the remaining half, allowing you to enjoy all the features and amenities of Woodcliff Park at a fraction of the cost. The bathroom is big enough to install a washer and dryer. The property also boasts a large deck shared with the other side of the duplex, which can be divided if desired by putting up a wall, giving you added privacy and a perfect outdoor space to relax. Key Features: 3 bedrooms, 1 full bath, large enough to accommodate a washer and dryer. Half-priced land lease, shared with the other side of the duplex. Large shared deck, which can be divided for added privacy. Lot size of 2, 178 sqft Perfect for summer getaways, it offers the best of both worlds - affordability and convenience in a highly sought-after location. Local Attractions: Splish Splash water park, Golfing, Farm Stands, Atlantis Aquarium, Beaches, Horseback Riding, Outlet Shopping, & Wine Country. Priced at just $125, 000, this is an opportunity you don't want to miss! Schedule your tour today and secure your spot in Woodcliff Park.
Features
- Town: Riverhead
- Rooms: 4
- Bedrooms: 3
- Baths: 1 full
- Style: Cottage
- Year Built: 1950
- Heating: None
- Cooling: Wall Unit(s)
- Basement: None
- Acreage: 0.05
- Est. Taxes: $1,175
- View: Panoramic
- Elem. School: Riley Avenue School
- Middle School: Riverhead Middle School
- High School: Riverhead Senior High School
- School District: Riverhead
- MLS#: 3582462
- Days on Market: 50 days
- Website: https://www.raveis.com
/prop/3582462/56woodclifftrail_riverhead_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
56 Woodcliff Trail, Riverhead (Baiting Hollow), NY, 11933
$125,000
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 | $100,000 | $100,000 | $100,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $98 | $98 | $98 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $665 | $665 | $843 |
| Total Monthly Payment | $838 | $838 | $1,016 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535