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Cozy Beach Cottage in the heart of the Reeves Park Community of Riverhead. Set on one of the larger lots in this sought-after neighborhood, this elevated corner property offers exceptional outdoor space, featuring a spacious backyard, detached patio ideal for entertaining, and two sheds providing ample storage for landscaping tools and beach gear. Enjoy easy access to the community beach just down the block, perfect for morning walks, sunset views, and summer days by the water. Freshly painted and thoughtfully updated, this ranch-style home preserves its original character with a wood-burning stone fireplace, hardwood floors, beautiful doors, and a charming living room built-in, while incorporating today’s most desired amenities, including stainless steel appliances and quartz countertops. A welcoming entry mudroom creates the perfect transition space for shoes, coats, bags, and pet essentials, keeping the main living areas clean and organized. The legal, fully finished basement with an egress window nearly doubles the living space, offering a large open family room with a built-in bar, laundry room, office or flex space, and a full bathroom. A bonus rear enclosed sunroom adds yet another versatile living area, flooded with natural light and providing a seamless connection to the outdoors while remaining protected from the elements. Additional highlights include newer mechanicals, roof, and driveway. Enjoy easy access to local shopping, multiple beaches, farms, wineries, and all that the North Fork has to offer, with the LIRR and public transportation conveniently nearby. This is one you won’t want to miss.
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Our Executive Mortgage Banker:
Our Insurance Division:
$629,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $503,200 | $503,200 | $503,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | $567 | $567 | $567 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,857 | $3,014 | $4,012 |
| Total Monthly Payment | $3,515 | $3,672 | $4,670 |
* 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.