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Authored by: Options Realty
September 5th, 2008
The following is an update on condominium/retirement/vacation homes for sale on the North Fork of Long Island. The towns include Aquebogue, Baiting Hollow, Calverton, Greenport, Jamesport, Riverhead and Southold, New York. To view available condos, click on the North fork Condos tab, and you’ll have access to all properties in detail.
AQUEBOGUE, NEW YORK
Silver Village: 2; $389,999, $449k.
HOA DUES (RANGE): $220/mo
TAXES (RANGE): $4300-6300/YR
BAITING HOLLOW, NEW YORK
The Knolls: 6; $375k; $380k;$385k;$390k; $399k;$439k
HOA DUES (RANGE):$257-$297/mo
TAXES (RANGE): $3880.-$4700/YR
The Bluffs: 3; $469k; $498,9k; 549k
HOA DUES (RANGE): $326-$330/MO
TAXES: $5200-5400/YR
CALVERTON, NEW YORK
Calverton Hills: 9; $144,9k; $165k; $169k; $170k; $174,9k, $179,9k;195k;$195k, $195k
HOA DUES (RANGE): $275/MO
TAXES (RANGE): $1722-2050/YR
Foxwood Village: 15;$179,9k;165k;$164,1k; $199,5k;$219,9k;$220k;$225k;$229,9k;$239,9k; $240k;$265k;$270k;$310k;$319k;$349,9k
HOA DUES (RANGE): $435-468/MO
TAXES (RANGE):$3500-$6800/YR
Windcrest East: 2; $589,9k;$589,9k
HOA DUES (RANGE): $272/MO
TAXES (RANGE): $4946-$5143/YR
GREENPORT, NEW YORK
Driftwood Cove (co-op): 2; $180k; $199k
HOA DUES (RANGE): $270-303/MO
TAXES (RANGE): CALL US
Breezy Shores (co-op): 2 $369k; $369k
HOA DUES (RANGE): $300/MO
TAXES (RANGE): $1261
Pheasant Run Estates: 1 $459k
HOA DUES (RANGE): $350
TAXES (RANGE): 3100/YR
Sterling Harbor (co-op) 1 $695k
HOA DUES (RANGE): CALL US
TAXES (RANGE): $3990/YR
JAMESPORT, NEW YORK
Maidstone Landing: 8; $799k;$845k;$849k;$850k;$879k;$895k;$947,9k;$1,275m
HOA DUES (RANGE): $455-500/MO
TAXES (RANGE):$6000-7500/YR
RIVERHEAD, NEW YORK
Mill Ponds: 3 $278k; $295k;$298,8k
HOA DUES (RANGE): $187-200/MO
TAXES (RANGE): $3072-3669/YR
Willow Ponds: 9; $298,8K;$299K;$314K;$319K;$334K;$389,9K; $395K;432,5K;$485K
HOA DUES (RANGE):$273-291/MO
TAXES: (RANGE): $4397-4700/YR
Sunken Ponds: 8; $329k; $335k;$375k;$382k;$390k;$399,9k;$399,99k;$429k
HOA DUES (RANGE): $265-300/MO
TAXES (RANGE): $3731-6392/YR
Stoneleigh Woods: 2; $365k; $375k
HOA DUES (RANGE): $251
TAXES (RANGE): 4100/YR
Saddle Lakes: 2; $349k; $399K
HOA DUES (RANGE): $288- $295/MO
TAXES (RANGE): $3554-4035/YR
The Highlands: 1; $574,9k
HOA DUES (RANGE): $395/MO
TAXES (RANGE): $9919/YR
SOUTHOLD, NEW YORK
Founders Village: none available at this time
Colonial Village (co-op): 1 $279,750
HOA DUES (RANGE): 430/MO
TAXES (RANGE): CALL US
The Cove: 1; $899k
HOA DUES (RANGE): $425/MO
TAXES (RANGE): $3300/YR
All figures above are obtained from outside sources. The purpose is to provide seekers or sellers of retirement/vacation condominiums a range of costs/availability.
In order to receive the most accurate and up-to-date information, please give Options Realty a call for clarification- these figures, while deemed accurate, are subject to revision or confirmation, and should not be relied upon as a sole indicator. Please view as estimates.
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Authored by: Options Realty
August 31st, 2008
If you’re thinking of selling or buying a property on the east end of Long Island, awareness of the undercurrent in distressed properties is provided in order to offer a realistic picture of the prevalence of the pre-foreclosure impact possible.
LIS PENDENS FILED IN AUGUST 2008, EAST END OF LONG ISLAND
TOTAL: 57
East Hampton, NY: 9
Cutchogue, NY: 1
Bridgehampton, NY: 3
East Quogue, NY: 3
Flanders, NY: 4
Calverton, NY: 1
Eastport, NY: 1
Hampton Bays, NY: 5
Sag Harbor: 3
Southampton: 5
Westhampton: 6
Quogue: 2
Southold: 4
Riverhead: 7
Montauk: 1
Speonk: 1
Watermill: 1
Information provided by third parties (the Real Estate Report). Options Realty makes no representation to accuracy of data reported.
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Authored by: Options Realty
August 31st, 2008
The following information, obtained from the MLSLI, is provided to offer insight into homes sold during the month of August, 2008, on the North Fork of Long Island (towns included: Riverhead, Jamesport, Aquebogue, Baiting Hollow, Calverton, Laurel, Peconic, Cutchogue, Mattituck, Southold, Greenport, East Marion, Orient, and Orient Point, New York). Pricing below is listed pricing, not contract pricing, unless indicated with *.
AQUEBOGUE, NY
Sold: 4
$238,5k, $275k, $379k, $2,499m
BAITING HOLLOW, NY
Sold: 2
$549,9k, $549,9k*
CALVERTON, NY
Sold: 2
$25k (mobile home), $310k
CUTCHOGUE, NY
Sold: 6
$349k, $499,9k, $595k, $799k, $2,450m, $2,250m*
EAST MARION, NY
Sold: 3
$395k, $479k, $729k
GREENPORT, NY
Sold: 3
$399k, $459k, $709k
JAMESPORT, NY
Sold: 4
$525k, $529k, $725k, $995k
LAUREL, NY
Sold: 2
$529k; $2,950m
MATTITUCK, NY
Sold: 2
$379k, $1,850m
ORIENT, NY
Sold: 2
$929k, $1,250m
PECONIC, NY
Sold: 2
$799k, $2,275m
RIVERHEAD, NY
Sold: 7
$31k (mobile home), $239k, $275k, $319k, $399k, $599k, $1.1m
SOUTHOLD, NY
Sold: 11
$399k, $435, $457k, $535k, $575k*, $785K, $849K, $924K, $959K, $999,9K, $1,995K
Options Realty deems figures reliable, but accepts no responsibility for the numbers provided from an outside source. These figures do not include for sale by owner properties; all info gathered from the mlsli.
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Authored by: Laurie Mindnich
August 23rd, 2008
For those interested in purchasing a home on the North Fork of Long Island, but unsure about eligibility for a loan, a great place to begin is at the New York State Mortgage Agency.
As prices come down, reaching levels of attainability for more buyers, awareness of state sponsored mortgage loan programs bear watching.
For example: For VA purchasers, up to $5000.00 is available toward closing cost assistance .
That’s a nice incentive for VA qualified purchasers.
If you are selling a home on the North Fork of Long Island, and have a prospective buyer that might fall into the parameters of any NYSMA program, understand it to develop a selling strategy.
The website www.nyhomes.org provides time frames for buyer qualification. Knowing how long a program takes might offer a bit more clarity for a move in date. And a move out date. Having a good feel for a closing date works for all involved.
If you are buying a home on the North Fork of Long Island, awareness of loan programs provides an edge, and possibly more buying power.
For example: For a first time buyer seeking a “fix up” property, check out the Remodel New York term sheet.

The site provides all income level requirements, purchase price requirements, and parameters, as well as all lenders that are participants.
As many eye a fix up property as an opportunity, a loan program like the above might be interesting.
Options Realty, North Fork Buyers Agent, Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, New YorkOptions Realty, North Fork Buyers Agent, Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, New York
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Authored by: Sean Stark

The following is data collected from mlsli indicating properties that have gone under contract on the North Fork from each village / town and hamlet from April 01, 2008 through April 29, 2008:
Aquebogue NY: 2 sold; $350k*, $469,9k
Baiting Hollow NY: 5 sold; $70k*, $165k*, $409,9k, $479,9k, $519,9k
Calverton NY: 1 sold; $159,9k
Cutchogue NY: 2 sold; $779,7k, $1,399m
East Marion NY: 2 sold; $399k, $449k
Greenport NY: 1 sold; $399k
Jamesport NY: 2 sold; $529,9k, $599,9k
Mattituck NY: 1 sold; $415k
New Suffolk NY: 1 sold; $749k
Riverhead NY: 16 sold; $74,9k, $82,5k, $89k, $119,9k, $155,5k, $180k, $199,9k, $199,9k, $249,9k, $279k, $299k, $299k, $299k, $350k, $379k, $609,5k
Southold NY: 5 sold; $395k, $549k, $1,650m, $13,294m*
For the purposes of this update, “sold” refers to under contract; * indicates “closed” pricing.
For condominium reports, scroll down.
If you are thinking of buying or selling a home in any village/town on the North Fork of Long Island, email us for a comprehensive look at your area- we’ll get right back with you!
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