North Fork, Long Island, NY Real Estate Blog OptionsRealty.com » Over 55 / Active Adult http://optionsrealty.com North Fork Long Island NY Real Estate Blog Tue, 15 May 2012 18:33:52 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 North Fork, East End of Long Island Retirement/Vacation Condos for Sale http://optionsrealty.com/2009/03/06/north-fork-east-end-of-long-island-retirementvacation-condos-for-sale/ http://optionsrealty.com/2009/03/06/north-fork-east-end-of-long-island-retirementvacation-condos-for-sale/#comments Sat, 07 Mar 2009 02:32:55 +0000 Laurie Mindnich http://optionsrealty.com/2009/03/06/north-fork-east-end-of-long-island-retirementvacation-condos-for-sale/ 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

 

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.

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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.

]]> http://optionsrealty.com/2009/03/06/north-fork-east-end-of-long-island-retirementvacation-condos-for-sale/feed/ 0 Seniors to Benefit from Reverse Mortgages http://optionsrealty.com/2009/01/28/seniors-to-benefit-from-reverse-mortgages/ http://optionsrealty.com/2009/01/28/seniors-to-benefit-from-reverse-mortgages/#comments Thu, 29 Jan 2009 03:42:01 +0000 Laurie Mindnich http://optionsrealty.com/2009/01/28/seniors-to-benefit-from-reverse-mortgages/ 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.

]]> http://optionsrealty.com/2009/01/28/seniors-to-benefit-from-reverse-mortgages/feed/ 0 North Fork, Long Island Closed Condos / Active Adult / Over 55 for 2008 http://optionsrealty.com/2009/01/03/north-fork-long-island-closed-condos-active-adult-over-55-for-2008/ http://optionsrealty.com/2009/01/03/north-fork-long-island-closed-condos-active-adult-over-55-for-2008/#comments Sun, 04 Jan 2009 00:45:52 +0000 Options Realty http://optionsrealty.com/2009/01/03/north-fork-long-island-closed-condos-active-adult-over-55-for-2008/ 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!

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