224 Centre Island Road, Centre Island, NY, 11771 | $2,995,000

Pheasant Point A rare and remarkable offering on Centre Island, approximately 3 acres with an extraordinary 1500 feet of combined beachfront and creekfront creating a true peninsula-like setting surrounded by water. This exceptional parcel offers unparalleled privacy, breathtaking sunrises and sunsets, and an ever-changing waterfront landscape rich with natural beauty and wildlife. Located within the historic Eastover subdivision and adjacent to the protected Great Meadow Creek preserve, the property represents a unique opportunity to create a one-of-a-kind waterfront estate. With existing access points, water rights to the Loyd Sand Aquifer, and prior building considerations, this is a rare chance to design and build a legacy home in one of the North Shore’s most coveted and protected enclaves. A truly special offering, where privacy, nature, and waterfront living converge. The association maintains the road which leads to the property which starts at a chain-link fence and then the private road is maintained by the ownee

Features

  • Frontage: 1550
  • Lot Desc: Private, Views, Waterfront
  • View: Open, Panoramic
  • Water Front: Yes
  • School District: Oyster Bay-East Norwich
  • MLS#: 978232
  • Days on Market: 17 days
  • Website: https://www.raveis.com
    /prop/978232/224centreislandroad_centreisland_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 BERKSHIRE HATHAWAY   Phone: 516-200-5700

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@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!
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  • 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

224 Centre Island Road, Centre Island, NY, 11771

$2,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,396,000 $2,396,000 $2,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.349% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,604 $14,753 $20,219
Total Monthly Payment $13,729 $14,878 $20,344

* 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.