Archive for the 'Over 55 / Active Adult' Category
North Fork, East End of Long Island Retirement/Vacation Condos for Sale
March 6th, 2009 category: Downtown Riverhead, Over 55 / Active Adult, Real Estate NewsNo Comments »
When a foot of snow is the sight present at my front door, it occurs to me that owning a property absent certain time consuming tasks might be a great idea. While I have a few more years to go before the leap to a 55 and better, retirement, or active adult community occurs, I’m looking very forward to it.
Absent the element of “retirement”, there are any number of choices for those seeking a low maintenance family condo on the North fork. Below, please find an overview of available condos. All info is obtained from MLSLI, subject to error. *CS indicates common charges. Common charges and taxes are estimates.
In Aquebogue, NY:
SILVER VILLAGE
Price range available: $379.900. CS: $236 Taxes: $6774
In Baiting Hollow, NY:
THE KNOLLS
Price range available: $299k-$479K CS: $257-$335 Taxes: $4757-$4811
THE BLUFFS
Price range available: $364,500-$468,888 CS: $326 Taxes: $5603-$5581
In Calverton, NY
CALVERTON HILLS
Price range available: $137,990-$204,900 CS: $275 Taxes: $2094.
FOXWOOD VILLAGE
Price ranges available: $169,900-$360,000 CS: $410-$468 Taxes: $3229-$6097
WINDCREST EAST
Price ranges available: $545,000-$589,900 CS: $272-$300 Taxes: $4947-$5780
In East Marion, NY
CLEAVES POINT
Price ranges available: $849,000 CS: $575 Taxes: $3069
In Greenport, NY
BREEZY SHORES
Price ranges available: $ 349,900 CS:$300 Taxes: $1261
DRIFTWOOD COVE
Price ranges available: $179k-$180k CS:$303 Taxes:$-
PHEASANT RUN
Price ranges available: $439k CS:$375 Taxes:$3214
STERLING COVE
Price ranges available: $765k CS:$484 Taxes:$2306
In Jamesport, NY
MAIDSTONE LANDING
Price ranges available: $649k-$1.275m CS:$455-$535 Taxes:$6000-$7500
In Riverhead, NY
WILLOW PONDS
Price ranges available:$269k-$479k CS:$273-$291 Taxes:$4129-$5032
MILL POND COMMONS
Price ranges available:$282k-$307 CS:$187-$210 Taxes:$2454-$2574
SADDLE LAKES
Price ranges available:$369k-$379k CS:$288 Taxes:$3760-$3834
STONELEIGH WOODS
Price ranges available:$365k-375k CS:$263 Taxes:$4250-$4550
SUNKEN PONDS
Price ranges available:$375k-$419k CS:$300. Taxes:$3731-$6282
THE HIGHLANDS
Price ranges available:$574,900 CS:$394. Taxes:$10,112
Southold, NY
COLONIAL VILLAGE
Price ranges available:$172,200-$277,650 CS:$355-$390 Taxes:$150-$170
FOUNDERS VILLAGE
Price ranges available:$349k-$359k CS:$240 Taxes:$2570
To view MLSLI listings on all properties mentioned, just click here, and enter “condo/co-op” and your town of interest.
To search available condos or homes for sale on the North Fork / East End Long Island or condos on the North Fork of Long Island, click “north fork homes”, enter your area of interest and any parameters, and click “go”- properties for sale include Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, and Orient Point, NY.
To get more specific local North Fork or East End real estate information, fill out the form below with your questions/comments. We know how to find properties coming on the market, and available. If you’re looking for a foreclosure on any part of Long Island, we’ll help you find it also.
Seniors to Benefit from Reverse Mortgages
January 28th, 2009 category: Over 55 / Active AdultNo Comments »
According to a recent column at Inman News authored by Tom Kelly, there is a loan of interest approved for senior homeowners. According to Kelly,
“The housing and Economic Recovery Act of 2008 recently approved the HECM-FOR-PURCHASE program, allowing lenders to close the mortgages after Jan. 1, 2009. The move allows older homeowners to make a large down payment on a new home and then utilize the reverse mortgage as permanent financing.”
In order to better offer an understanding of reverse mortgages, we’re providing a link to the US Department of Housing and Urban Development (HUD), where details of this program, along with several other available offerings, can be found. Click here for info.
In addition to several links offering details, there is a word of caution to homeowners considering this type of financing: BEWARE OF SCAMMERS.
Evidently, there are predators seeking to obtain payment for information- ALL information can be found, for free, at the HUD site.
If you have any questions regarding the reverse mortgage, please do not hesitate to contact us. We will provide an expert able to assist with your navigation of this exciting new loan program.
To check out all available homes or condos on the North Fork of Long Island, click “north fork homes”, enter your area of interest and any parameters, and click “go”- properties for sale include Riverhead, Aquebogue, Baiting Hollow, Calverton, Jamesport, Laurel, Mattituck, Cutchogue, Peconic, Southold, Greenport, East Marion, Orient, and Orient Point, NY.
North Fork, Long Island Closed Condos / Active Adult / Over 55 for 2008
January 3rd, 2009 category: Over 55 / Active Adult, Real Estate NewsNo Comments »
The following is data obtained from the multi list of Long Island. While deemed accurate, actual figures may differ- consult with your real estate agent for specific retirement/vacation condominiums on the east end of Long Island.

CLOSED NORTH FORK, LONG ISLAND CONDOS- JAN. 01, 2008- DECEMBER 31, 2008 (closed pricing):
Aquebogue, NY:
Silver Village: 2; $337,5k; $340k
Baiting Hollow, NY:
The Bluffs: 3; $279k; $397k; $311k;
The Knolls: 3; $315k; $338k; $340k
Calverton, NY:
Calverton Hills: 6; $110k; $105k; $157,5k; $159k; $160k; $176,3k
Foxwood Village: 7; $144,5k; $155k; $148k; $155k; $180k; $245k; $285k
East Marion, NY:
Cleaves Point: 1; $800k

Greenport, NY:
Driftwood Cove (co-op): 1; $147,5k
Harbor Shores (co-op): 1; $260k
Oyster Point: 2; $695k; $690k
Unknown: 1; $320k
Jamesport, NY:
Maidstone Landing: 1; $780k
Riverhead, NY:
Glenwood Village: 1; $67,5k
Mill Pond: 8; $275k; $280k; $270k; $279k; $275k; $305k; $315k; $325k
Willow Pond: 6; $277,5k; $270k; $324k; $346k; $367k; $405k
Saddle Lakes: 2; $495k; $540k
Southold, NY:
Colonial Village: 1; $160k
Founders Village: 3; $315k; $345k; $344k

COMPARISON 2008 TO 2007:
Total reported North Fork, condos closed, 2008: 55
Total reported North Fork, condos closed, 2007: 81
Median sales price, 2008: $305k
Median sales price, 2007: $350k
Days on market median, 2008: 158
Days on market median, 2007:133.5
% of asking/sold price, 2008: -6.7
% of asking/sold price, 2007: 4.8
To view all over 55 retirement condos, and all condos for sale, click on “North fork condos”, choose your town, and click GO.
Call or email us to view any properties of interest- the east end of Long Island is a great place to retire!
| |
Ask The Broker
Categories
- Buyers (62)
- Downtown Riverhead (8)
- East End LI Foreclosures (50)
- North Fork Neighborhoods (25)
- Over 55 / Active Adult (3)
- People and Places (40)
- Real Estate News (196)
- Real Estate Philosophy (46)
- Riverhead Real Estate (16)
- Sellers (38)
- Southold Real Estate (26)
Archives
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
Blogroll
- Real Estate Tomato
- Blood Hound Realty
- Understanding Real Estate Fees
- Fifty Five and…BETTER! A Lifestyle Change
- Indy Real Estate Talk
- Real Estate Blogs
- New York Foreclosure Law Blog
- Long Island Business News
- The Real Deal Blog
- The Blog That Ate Miami
- The Vest Pocket
- East End Buzz
- 24/7 REO Realty
Links
- Foreclosure Lawyers, Macco & Stern
- Realtor.com
- Multiple Listing Service of Long Island
- State Foreclosure Laws
- Fannie Mae Foreclosure
- Real Estate Blogs
- Raleigh Cary Realty
- Stage to Sell
- ZIPskinny
- HUD in New York





