475 West Lane, Riverhead (Aquebogue), NY, 11931 | $1,799,000

**NEWLY REDUCED PRICED TO SELL!! Almost Completed, Must See!! Beautiful and Rare New Construction in the heart of the North Fork! This Brand-new, 4 Bedroom, 3 1/2 Bath Equestrian Property, set on 2. 25 Acres with forever Farm Views and Complete Privacy, is breathtaking and can truly become your "Home, Sweet, Home!" It features an Open Floor Plan, a Chef's Kitchen, replete with a Large Center Island and Pantry Ideal for Entertaining, a Stunning Great Room featuring 20 foot ceilings, as well as a Primary Ensuite on the First Floor, with two large, walk-in closets. The generously-sized Formal Dining Room, Study, and Mud Room are also on the First Floor. There is an unfinished Bonus Room on the Second Floor that could be finished as a 5th Bedroom, at the Buyer's request. The Full, Unfinished Basement is an added bonus as well! The location is wonderful, as it is nestled near all that the North Fork has to offer, including award-winning Vineyards and Breweries as well as Farms and Farmstands, Fabulous Restaurants, Beautiful Bay and Sound Beaches and plentiful, unique Shops! There is plenty of time to customize with the Builder to make this your ultimate Dream Home! Plenty of Room for a Pool, Price Available upon request from the Builder. Room for Tennis and/or Pickleball Court as well.

Features

  • Town: Riverhead
  • Rooms: 10
  • Bedrooms: 4
  • Baths: 3 full / 1 half
  • Style: Modern
  • Year Built: 2023
  • Garage: 2-car Attached
  • Heating: Electric, Forced Air, Heat Pump
  • Cooling: Central Air
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 4,293
  • Acreage: 2.25
  • Est. Taxes: $1,613
  • Lot Desc: Level, Part Wooded, Private
  • View: Open, Panoramic, Other
  • Middle School: Riverhead Middle School
  • High School: Riverhead Senior High School
  • School District: Riverhead
  • Appliances: Dishwasher, Freezer, Microwave, Oven, Refrigerator
  • MLS#: 3456540
  • Days on Market: 659 days
  • Website: https://www.raveis.com
    /eprop/3456540/475westlane_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 Douglas Elliman Real Estate   Phone: 631-723-2721

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

475 West Lane, Riverhead (Aquebogue), NY, 11931

$1,799,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,439,200 $1,439,200 $1,439,200
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $134 $134 $134
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,172 $8,979 $12,048
Total Monthly Payment $8,431 $9,238 $12,307

* 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.