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Rare and wonderful opportunity for a handy homeowner to own an affordable home in the highly desirable Miller Place School District. Set on a beautiful and expansive 1. 14-acre property, this unique offering is a true homesteader’s dream—perfect for those ready to roll up their sleeves and create something special. Organically farmed for over four decades, the grounds are a gardener’s paradise featuring deep, rich soil and an incredible variety of plantings, including fruit trees (fig and crabapple), berry bushes (raspberries and wine berries), wildflowers, and dozens of herbs. A truly special highlight is the fig tree—over 150 years old—originally brought from Italy as a sapling. The property attracts birds, bees, butterflies, and other pollinators, making it ideal for nature lovers. The home offers a spacious open floor plan, a large fireplace with wood stove, and flexible layout options, including the potential for a legal accessory apartment with proper permits. Major exterior updates have already been completed, including siding, front windows, and roof (2009). The interior is in need of updating and is being sold as-is, offering a fantastic opportunity to customize and create your dream home. Bring your vision, your tools, and your creativity—endless possibilities await the right buyer.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$575,000
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 | $460,000 | $460,000 | $460,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $1,072 | $1,072 | $1,072 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,832 | $2,908 | $3,820 |
| Total Monthly Payment | $3,996 | $4,072 | $4,984 |
* 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.