Rare opportunity to own 2.14 acres of prime land in South Bayport. This expansive parcel has been fully excavated with utilities already brought to the property, saving time and significant development costs. Approved building plans to build an approximate 5,000 square foot Home with a multi car garage are in place as well as Suffolk County Department of Health Approval. Whether you’re looking to build a different style/size home now (with Town approval) or hold for endless possibilities this property offers exceptional flexibility. Conveniently located near local amenities, beaches, and major roadways. A truly unique offering with a true blank canvas. The sky is the limit! Check with the Town for a possible subdivision/easement with proper permits.
92 Oakwood Avenue, Bayport, NY, 11705
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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