TO BE DEVELOPED: Consider the many development possibilities along this iconic expanse of Sound Avenue. Rare, 12.30 Development Rights Intact (DRI) acres, 3 lots combined, build-ready, but currently leased and farmed to sod with full agricultural tax exemption. Located within the Town of Riverhead's Agriculture Protection Zone, where residential as well as agricultural-based development is permitted and both endeavors combined are encouraged and evident throughout the District. Northville is an active part of the North Fork's agricultural center, while Sound Avenue remains the rural/farm corridor where everything farm-based continues. Located within the North Fork of Long Island AVA, Long Island's most developed and renowned vinicultural region.
Permitted Use
Agriculture
Utilities
Cable Available, Electricity Available, Well
Lot Description:
Cleared, Additional Land Available, Historic District, Level, Views
View Description:
Park/Greenbelt, Panoramic
Elementary School:
Aquebogue Elementary School
Middle School:
Riverhead Middle School
High School:
Riverhead Senior High School
School District:
Riverhead
Sound Avenue, Riverhead, (Aquebogue), NY, 11931
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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