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. , Additional information: Interior Features: Lr/Dr

Features

  • Town: Riverhead
  • Rooms: 4
  • Bedrooms: 3
  • Baths: 1 full
  • Style: Cottage
  • Year Built: 1950
  • Heating: None
  • Cooling: Wall Unit(s)
  • Basement: None
  • 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
  • Appliances: Electric Water Heater
  • MLS#: 3582462
  • Days on Market: 61 days
  • Website: https://www.raveis.com
    /prop/3582462/56woodclifftrail_riverhead_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 Resource Realty Group   Phone: 917-654-9835

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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56 Woodcliff Trail, Riverhead (Baiting Hollow), NY, 11933

$125,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $98 $98 $98
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $674 $665 $843
Total Monthly Payment $847 $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.