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Discover a rare opportunity in the charming Village of Port Jefferson with this unique four-lot subdivision on residential zoned land. These four one-third acre parcels present an exceptional chance for builders, investors, or individuals dreaming of creating their perfect coastal retreat. Located in one of Long Island's most desirable North Shore communities, this property offers the best of both worlds – small-town charm with modern conveniences at your fingertips. The lots come ready for development with utilities already positioned at the street front, eliminating the guesswork and additional costs typically associated with new construction projects. Port Jefferson's appeal extends far beyond its picturesque harbor views. This vibrant village seamlessly blends historic character with contemporary amenities, creating an atmosphere that residents and visitors alike find irresistible. Shopping enthusiasts will appreciate the proximity to local boutiques and essential services, while beach lovers can easily access the stunning Long Island Sound coastline not to mention the numerous Restaurants that appeal to your fussiest Foodie. The location provides excellent connectivity, with transportation options that make commuting convenient while maintaining that coveted suburban feel. Residents will value the access to quality educational facilities, including the well-regarded local high school system. Whether you envision building your dream home, developing multiple residences, or making a strategic investment in one of Suffolk County's most sought-after markets, this subdivision opportunity delivers flexibility and potential. The residential zoning allows for various development possibilities, making it an attractive option for those looking to capitalize on Port Jefferson's continued growth and enduring appeal. This is your chance to be part of Port Jefferson's story while creating something entirely your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,534 | $7,195 | $9,965 |
| Total Monthly Payment | $6,659 | $7,320 | $10,090 |
* 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.