Home Buyers: Are You Letting Time Pass You By?
Authored by: Laurie Mindnich
October 12th, 2008 category: Buyers
To those seeking either a permanent home or a vacation/retirement home on the North Fork of Long Island…here’s a glimpse of our landscape in the fall.
With so much being generated- legitimately- about the caution needed when entering a declining home market, there is no question but that a focus on pricing (and the deterioration thereof) is a short term issue worthy of serious consideration. With the possible exception of waterfront (fundamentally
limited), there is no telling what will occur with pricing over the next year. Or quite possibly, the year after that.
In the meantime, things go on- this weekend was one of pumpkins and sailing. The weather was extraordinary, and offered an opportunity to enter quiet waters (NO WIND today) and escape the onslaught of bad news, at least for a few hours.
For some, jumping on board and making a decision is fairly easy; buying a “lifestyle” is part of the package. On the North fork of Long Island, the abundance of open space, water and charm beckon those seeking to begin each day in a casual, yet spectacularly beautiful location.
Fall festivals and farm-stands dot the way home, with happy kids in Pumpkin nirvana.
Pricing has returned to levels of attainability, having soared upward only to spiral downward. The question remains: how much lower will they go? Further, is waiting to find out worth missing what can be achieved, at adjusted pricing and low
interest rates, right now?
I’m not sure. What is certain, however, is that when you visit the North fork, you may not want to leave. That alone is something, isn’t it?
We’re here to assist you with your dream. Offering buyer agency, we’ll make every effort to get you the best possible price on your home of choice on the North fork, as well as provide you with all of the ammunition you need to determine if “now” is the right time for you, and for your life. Pressure doesn’t fit with the North fork lifestyle, so we’ll
leave that at the door.
Credit Kink on The North Fork of Long Island
Authored by: Laurie Mindnich
October 6th, 2008 category: Real Estate News

http://money.cnn.com/2008/09/25/pf/credit_limit_pullback/index.htm?postversion=2008092612
There’s a new kink for home sellers and home buyers on the North Fork of Long Island.
Not unlike frozen HELOCS, banks are reducing the credit lines offered to consumers.
While it may appear as simple as reducing a credit limit on credit cards, home buyers need to be aware of the potential impact on credit scores, in the event that your credit limit is reduced.
Credit reports, when a credit reduction takes place, may well reflect an unexpected negative aspect: what was indicated as a consumer conservatively using credit vis-a-vis maintaining an available balance will now reflect a borrower who has maxed out their credit limit.
This isn’t being activated solely to those who might find themselves behind on credit cards; to the contrary, even those with perfect payment histories may well find themselves in the maxed out category, despite maintaining an impeccable repayment history.
Don’t get shocked at the counter when your card is inexplicably declined; check your statements monthly, and stay on top of any changes that your credit card company might implement with respect to your available credit by examining your monthly bill.
Be aware, as well, that an unexpected decrease in your credit limit (creating a maxed out card) may well impact your credit score, initiating an opportunity for banks to increase your interest rate on other cards- and create an unexpected issue with a home purchase. If you’re thinking of buying a house, be diligent.
Third Quarter Home Sales North Fork, Long Island
Authored by: Options Realty
October 2nd, 2008 category: Real Estate News
The following report provides all CLOSED properties in selected areas of the North Fork of Long Island from July 1, 2008 through September 30,2008, as reported to the MLSLI. Asking price is in regular font, closed price is in bold.
This report does not contain condos/mobile home sales.
AQUEBOGUE, NY HOMES CLOSED
Closed: 6
$379k/$350k; $449k/$435k; $569,9k/$469,9k; $599k/$525k; $699k/$572,9k; $2,499m/$2,180m
Homes currently available for sale in Aquebogue, NY: 72
BAITING HOLLOW, NY HOMES CLOSED
Closed: 6
$409,9k/$390k; $479,9k/$450k; $519,9k/$519,9k; $534,9k/$540k; $549,9k/$549,9k $849,9k/$825k
Homes currently available for sale in Baiting Hollow, NY: 57
CALVERTON, NY HOMES CLOSED
Closed: 2
$339k/$334k; $499k/$350k
Homes currently available for sale in Calverton, NY: 17
CUTCHOGUE, NY HOMES CLOSED
Closed: 9
$399k/$365k; $475k/$437k; $498,5k/$492,5k; $595k/$560k; $799k/$700k; $799k/$735k; $1,099m/$970k; $2.149m/$1.650m; $2.888m/$2.225m
Homes currently available for sale in Cutchogue, NY: 48
EAST MARION, NY HOMES CLOSED
Closed: 6
$395k/$395k; $399k/$370k; $550k/$545k; $729k/$729k; $1.395m/$1.275m; $1.9m/$1.9m
Homes currently available for sale in East Marion, NY: 17
GREENPORT, NY HOMES CLOSED
Closed: 5
$379k/$370k; $480k/$460k; $499k/$460k; $650k/$625k; $675k/$630k
Homes currently available for sale in Greenport, NY: 46
JAMESPORT, NY HOMES CLOSED
Closed: 5
$369k/$340k; $619k/$619k; $619k/$580k; $880k/$865k; $995k/$933k; $1.250m/$1.07m
Homes currently available for sale in Jamesport, NY: 29
MATTITUCK, NY HOMES CLOSED
Closed: 12
$379K/$352,3K; $415K/378,5K; $449K/$409K; $449,9K/$425K; $450K/$430K; $539K/$517,5K; $579K/$565K; $645K/$625K; $699K/$612,5k; $975k/$750k; $1.85m/$1.85m; $2.35m/$2m
Homes currently available for sale in Mattituck, NY: 76
ORIENT, NY HOMES CLOSED
Closed: 6
$769,5k/$755k; $900k/$900k; $929k/$915k; $950k/$900k; $975k/$975k; $1.45m/$1.35m
Homes currently available for sale in Orient, NY: 21
LAUREL, NY HOMES CLOSED
Closed: 3
$449k/$407k; $739k/$642,5k; $2.95m/$2.7m
Homes currently for sale in Laurel, NY: 16
RIVERHEAD, NY HOMES CLOSED
Closed: 15
$180k/$180k; $239k/$225k; $253k/$264,5k; $279k/$260k; $299k/$288k; $299k/$230k; $299k/$275k; $329,9k/$292k; $349k/$310k; $350k/$340k; $399k/$395k; $419k/$365k; $459k/$380k; $499k/$399k; $674,9k/$559,9k; $674,9k/$590k
Homes currently for sale in Riverhead, NY: 145
SOUTHOLD, NY HOMES CLOSED
Closed: 13
$375k/$344k; $449,9k/$435k; $449,9k/$447,5k; $529k/$465k; $535k/$480k; $599k/$599k; $599k/$575k; $649k/$605k; $785k/$730k; $800k/$785k;$897,9k/$800k; $1,150m/$1.06m; $1.995m/$1.710m
Homes currently for sale in Southold, NY: 119
To view homes currently for sale in all North Fork, Long Island villages, click on the “north fork homes” tab and begin your search.
For information on closed properties in any North Fork village, please contact Options Realty 631-727-2227
All information, while deemed reliable, may contain errors. Options Realty is not responsible for information incorrectly recorded in the MLSLI. The above information is provided as a tool; contact a real estate professional for specifics on your own property, or a property of interest.
3rd Quarter Condos For Sale/Sold North Fork, Long Island
Authored by: Options Realty
September 29th, 2008 category: Real Estate News
The following information was gathered from the MLSLI in order to provide an update on sales activity for North Fork,
Long Island retirement/vacation/55 and better condominiums.
*is closed pricing. All other pricing is list price.
UNDER CONTRACT/AVAILABLE FROM 07/01/2008 THROUGH 09/30/2008:
AQUEBOGUE, NY:
Silver Village
1 sold. $340k*
1 available. $389,9k.
BAITING HOLLOW,NY:
The Knolls
1 sold. $359k
6 available. $375k;$380k;$385k;$399k;$439k;$439k
The Bluffs
0 sold.
3 available. $449k;$498,8k;$549,9k
CALVERTON, NY:
Calverton Hills
1 sold. $159k*
10 available. $144,9K;$149K;$165K;$170K;$174,9K;$179K;
$189K;$189K;$189K$199K
Foxwood Village
1 sold. $165k.
18 available. $153,5k;$159k;$168k;$179k;$185,9k;
$199,5k;$219,9k;$220k;$225k;$225k;$229,9k;$239,9k;
$240k;$249,9k;$270k;$310k;$319k;$349,9k
Windcrest East
0 sold.
2 available. $589,9k; 589,9k
GREENPORT, NY
Driftwood cove (co-op)
0 sold
2 available. $180k; $199k
Breezy Shores (co-op)
0 sold
2 available. $369k;$369k
Pheasant Run Estates
1 sold. $320k*
1 available. $459k
Sterling Harbor (co-op)
1 sold. $765k
1 available. $695k
Oyster Point
0 sold.
1 available. $725k
JAMESPORT, NY
Maidstone Landing
0 sold.
9 available. $699k;$799k;$845k;$849k;$850k;$879k;$895k;$947,9k;$1,275m
RIVERHEAD, NY
Mill Pond
3 sold. $294k;$299k;$299K
4 available: $269,9K; $295K;$299K;310K
Willow Pond
1 sold. $298,888k
10 available. $269,9k;$295k;$299k;$314,9k;
$334k;$389k;$389k;$395k;$406,5k;$485k
Sunken Pond
0 sold.
7 available. $329k;$375k;$382k;$390k;$399,9k$399,9k;$429k
Saddle Lakes
0 sold.
5 available. $389,9k;$399k;$399k;$349k;$532,5k
The Highlands
0 sold.
1 available. $574,9k
SOUTHOLD, NY
Founders Village
0 sold.
0 available.
Colonial Village
1 sold. $160k
2 available. $187,8k;$279,7k
The Cove
0 sold.
1 available. $899k
For additional details, click on North Fork Condos, and enter “condo”, and towns of interest. For any questions regarding association dues, age restrictions, and taxes, call Options Realty at 631-727-2227 or email laurie@optionsrealty.com
Integrity in Hamptons, NY Real Estate- Arriving NOW!
Authored by: Laurie Mindnich
September 25th, 2008 category: Buyers, Real Estate News
Great news for the Hamptons, New York Home Buyer: INTEGRITY HAS ARRIVED!
It was with enthusiasm that I read the recent news offered by Michael Daly, owner of True North Realty Associates in the Hamptons- buyers are now going to be able to navigate the Hamptons and North Fork market with a TRUE ADVOCATE, coming in the form of an exclusive buyers agent.
While Options Realty has been a loud-mouthed proponent of a practice that covers both buyers and sellers on the North Fork, the advent of a long-time (and highly respected)Hamptons broker entering this arena is truly great news.
While this news may be less than exciting for large brokerages focused on scooping up listings (buyer agency is not possible when a buyer purchases a property “in house”- limiting that sought after “double end” for large brokers that choose the buyer agency opportunity), it is, for consumers, a HUGE change in the Hamptons that will likely change the way that business is conducted.
That buyers now have an alternative to sub agency and dual agency in the Hamptons is overdue.
Quite simply, it presents an opportunity for buyers and sellers to proceed in a purchase without that “muddy” who-represents-ME scenario. In the past, it has been as clear as, well, MUD.
To Michael Daly of True North Realty Associates, congratulations on a decision that might (FINALLY) add some consistent clarity and integrity to a transaction on the east end, usurping the often confusing transaction in which a buyer, in hindsight, understands that that “really nice agent” in fact represented the seller all along…leaving the buyer with a sense of unease (and a purchase price dictated by both the listing AND selling agent).
While we may well find ourselves with regret that competition in the form of an exceptional company with experience has nudged into (understatement) a territory in which we’ve found ourselves quite alone in promoting, the end result is a benefit to ALL real estate companies on the east end of Long Island- when consumers are treated with professionalism and honesty, real estate agents benefit. Inherent integrity.
CONGRATULATIONS, MICHAEL, ON YOUR DECISION TO INTRODUCE INTEGRITY TO HAMPTONS AND NORTH FORK REAL ESTATE TRANSACTIONS!
Thank you for recognizing that consumers on the east end have, for too long, encountered too often a “ME, FIRST” attitude from many brokers operating on both the North and South forks of Long Island, when with consumers buying or selling a home.
If you are looking for a home on the North Fork of Long Island, and seeking buyer agency in its least complicated form (no in-house listing issues), call either Options Realty or True North Realty Associates for information:
Options Realty: 631-727-2227 (hey- it’s my blog. I go first) serving the North Fork of Long Island
OR
True North Realty Associates- Michael Daly: 631-725-0554, serving both the Hamptons and North Fork of Long Island
East End, Long Island…WHAT’S GOING ON?
Authored by: Laurie Mindnich
September 23rd, 2008 category: Real Estate News
PR.com reports here that
Without INCLUDING todays news regarding the fed takeover (and “be quick about it” attitude) makes things very difficult for consumers to navigate at this juncture. Important to know is that, according to a rep from Freddie Mac at the Five Star REO conference in Dallas, Texas last week, we have only seen an estimated 25% of the anticipated foreclosures nationwide. TWENTY FIVE PERCENT…leaving 75% to arrive.
This knowledge drives home the all important reality that if you need to sell, you MUST price your home in accordance with what is certainly a declining market- most likely receiving less than you had anticipated. That your home will be priced usingcomparables that INCLUDE foreclosed properties leaves little choice- better to wrap up your sale before the competition from bank owned properties REALLY skews the numbers.
While an attitude of, “Not here, on the beautiful east end of Long Island” persists…it’s time to take a good look at what IS, and act accordingly.
If you’re seeking a realistic look at the market, don’t hesitate to call. You may not like what we offer in the way of pricing, but you’ll like LESS the pricing that you’re stuck with, should you choose to believe that we are “unaffected” by the coming decline in home values.
Buyers seeking property on the North Fork of Long Island are well aware of the market upheaval. While it may seem prudent to add a “buffer” for offers, the bottom line is the bottom line. While “games” in pricing may have worked in the past, that is
no longer a wise course of action. If your house isn’t shown, it won’t sell. There will be no offers to “counter”.
While the real estate market will certainly look very different five years from now, if you have to move your property NOW, make it happen by insisting that your agent offer it at your bottom line. Holding firm is better than holding on. Buyers aren’t looking to play games- a well priced property holds much more allure than an overpriced property with “room to negotiate.”
Options Realty: providing opinions.
Brooklyn Ocean Challenge Cup
Authored by: Sean Stark
September 11th, 2008 category: People and Places
I want to help promote this great effort by a great few in celebrating and taking part in this local sailing event. As you may or may not know, we are avid sailors here in our local waters of Eastern Long Island and the Peconics. So it is of great interest to see something from former sailing generations being polished up for us today. The Brooklyn Ocean Challenge Cup, 2008.
FOR IMMEDIATE RELEASE:
Chinese Y.C. and Old Cove Y.C. to host centennial
Brooklyn Ocean Challenge Cup – October 3rd, 2008
Greenport, New York, September 8th, 2008 – The Chinese Y.C. and Old Cove Y.C. will host the centennial Brooklyn Ocean Challenge Cup on October 3, 2008. The race originating in Greenport Harbor and around Block Island will revive the historic CYC perpetual Brooklyn Ocean Challenge Cup, first contested in 1905.
The Cup is recognized as one of contemporary yachting’s inaugural ocean challenges and regarded amongst the most prized Long Island yachting trophies. An account of the 1909 race deemed the race “the blue ribbon of the sea for small sailboat ocean racing”. In 1922 the New York Times described the cup as “one of the most sought for of the metropolitan trophies”.
The history of the esteemed Brooklyn Ocean Challenge Cup dates back to 1904 when the late William Randolph Hearst, then commodore of the prestigious Brooklyn Y.C., deeded a magnificent silver trophy for open ocean racing to the club. The first race, from New York to Hampton Roads, Virginia, took place in 1905 and was won by Frank Maier’s Tamerlane.
Following the Great Depression the competition landed “on the beach.” Indeed the Cup was reported lost or destroyed in the American Y.C.
fire of 1952. Fortunately, the reports turned out to be groundless, but they received sufficient attention to raise the Brooklyn Ocean Challenge Cup to a somewhat legendary level. Actually it was safe in the possession of James Heatherton. Heatherton was the sole surviving member, officer and director of the Brooklyn Y.C.
In 1953 Mr. Heatherton deeded the Cup to the CYC as a perpetual trophy for long distance sailing races. The Cup returned to competition the following year. The last competition for the cup was in 1979 and was won by Pat Malloy’s Mandrake. Since 1905 the cup has been under the auspices of more than 10 yacht clubs has been contested for 26 times. A full account of the Cup’s race history is available at www.brooklyncup.com.
The centennial race is being organized by the CYC and OCYC in cooperation with Shelter Island Y.C., the Village of Greenport and the East End Museum and Maritime Foundation. In addition to the CYC perpetual Brooklyn Ocean Challenge Cup the Village of Greenport will sponsor the Greenport Perpetual Trophy, awarded to the yacht taking line honors. SIYC will sponsor a team racing trophy. The organizers are enthusiastic that the BOCC will become an annual event.
CONTACT:
CYC Perpetual Brooklyn Ocean Challenge Cup
Andrew Wolf
917.464.5724
BOCC@chineseyachtclub.com
www.brooklyncup.com
Regatta / Registration Information
Chris Dowling
917.854.5971
chris@taityachts.com
www.brooklynoceanchallengecup.com
Selling a Home on the North Fork of Long Island
Authored by: Laurie Mindnich
September 10th, 2008 category: Sellers
To home sellers on the North Fork of Long Island: Agency Choices Matter!
You’ve decided to sell your home; you’ve located the perfect listing company. Pricing is established. A question remains: WHO TO COOPERATE WITH? When your agent opens up exposure by utilizing the MLSLI on your behalf, you have choices to make.
When you list your home, the agency that you “hire” will likely be signing up to be a “sellers agent.” The primary function of your listing company is to offer a transaction that covers you, the seller, in a required fiduciary capacity. You will agree to a fee for this service.
You will be making a decision with whom to cooperate, or split the fee that you are paying to the listing company. As most properties are now in the mlsli, a “co-broke” is likely. This simply means that of the total amount that you are being charged by the listing company, a percentage (generally one half) will go the the agent that brings the buyer.
You have choices.
1. You can permit agents to view, bring buyers, and make offers on your home as your “employee.” The result of this arrangement is that while the cooperating broker has loyalty to you (seller), YOU can be held vicariously liable for anything misrepresented to the buyer by the cooperating real estate salesperson. For this reason, “sub agency” offers a gamble for you, the seller. This is shown as “seller agency” on your disclosure.
2. You can permit agents to view, bring buyers, and make offers on your home under a second agreement: broker agency. Under broker agency, the listing broker could be held liable for the misrepresentations by the cooperating broker, to the buyer. For the same reason that sub agency is a poor choice for you, so it is for your listing company under “broker agency.” It isn’t possible to be present for every dialogue between a real estate salesperson and their buyer. For this reason, this agency is a less preferred method of cooperation.
3. You can permit agents to view, bring buyers, and make offers on your home under a third agreement: buyer agency. Under buyer agency, neither the seller, nor the listing company is held liable for the actions of the cooperating salesperson to the buyer. While normal disclosure and ethics, as well as legal ramifications remain, you are NOT responsible for any misinformation (intentional or not) from the cooperating salesperson to the buyer, when unbeknownst to you or your listing company.
Fairness is owed the buyer from the listing company, assuring that disclosures are properly handled, and that integrity is present. That’s why you chose your listing agent- fiduciary to you; fairness to the party entering into an agreement to purchase your home.
A large majority of real estate salespeople representing buyers will do a perfectly seamless job.
In the event, however, that YOUR buyer is unfortunate enough to be misinformed by THEIR agent, let liability fall where it should: to the buyers agent.
The last thing that you, as a seller, need is an issue after closing that is outside of your control, and perpetuated by the party receiving payment from you, that ends up in YOUR lap, or that of your listing broker. Cooperating with a buyers agent is money well spent, relative to the other two options available, if it avoids a liability issue later on. Your fee provides an absence of vicarious liability for you, as a seller, in this agency. Additionally, by the nature of the diligence required, you better the odds of your cooperating salesperson providing accurate information to your buyer.
Yet another discussion that you may well have with your listing agent (and we suggest that you do) is dual agency. This scenario occurs when the listing company procures a buyer for your property. Some companies still utilize this method; many avoid this choice due to inherent conflicts of interest. If the company that you choose does not participate in the multi list service, the odds are greater that you’ll encounter this type of agency. As the NYS disclosure indicates, consider this agency carefully before engaging.
For a copy of the New York Department of State disclosure form, click here.
**AS IS REQUIRED IN THE STATE OF NEW YORK, IN MATTERS OF LEGALESE, CHECKING WITH YOUR LAWYER TO CONFIRM THE SUGGESTION ABOVE IS ENCOURAGED. THIS IS NOT TO BE CONSTRUED AS LEGAL ADVICE.
Pumpkin Search on the North Fork of Long Island
Authored by: Laurie Mindnich
September 5th, 2008 category: People and Places
As reluctant as many of us are to let go of summer months on the North fork of Long Island, fall brings activities that offer fun that appeal to any age level.
Not initially believing in the challenge of the corn maze (it’s tough to imagine that our corn season is coming to an end already…), last season, we took it upon ourselves to indulge the kids in the family by visiting the Harbes Family Farm.
I still laugh out loud when the memory is revisited- and going again this year with or without the kids is simply a North fork experience that is as required (by us) as hitting the beach on a gorgeous day.
In addition to the corn maze, which in and of itself provides the hokiest, most charming experience (think: friendly outdoor haunted house), hay rides on a bumpy old trailer with a host encouraging a “sing along” is a riot. Kids love it, and adults may well not get through it without one of those really healthy belly laughs.
The following link provides much in the way of resources for North fork, Long Island fall activities. See you there!
http://www.northfork.org/calendar/index.php
Options Realty: your source for buying and selling condos and homes on the North Fork of Long Island.
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Homes For Sale, North Fork Long Island
Authored by: Options Realty
September 5th, 2008 category: Real Estate News
The following is an update on condominium/retirement/vacation homes for sale on the North Fork of Long Island. The towns include Aquebogue, Baiting Hollow, Calverton, Greenport, Jamesport, Riverhead and Southold, New York. To view available condos, click on the North fork Condos tab, and you’ll have access to all properties in detail.
AQUEBOGUE, NEW YORK
Silver Village: 2; $389,999, $449k.
HOA DUES (RANGE): $220/mo
TAXES (RANGE): $4300-6300/YR
BAITING HOLLOW, NEW YORK
The Knolls: 6; $375k; $380k;$385k;$390k; $399k;$439k
HOA DUES (RANGE):$257-$297/mo
TAXES (RANGE): $3880.-$4700/YR
The Bluffs: 3; $469k; $498,9k; 549k
HOA DUES (RANGE): $326-$330/MO
TAXES: $5200-5400/YR
CALVERTON, NEW YORK
Calverton Hills: 9; $144,9k; $165k; $169k; $170k; $174,9k, $179,9k;195k;$195k, $195k
HOA DUES (RANGE): $275/MO
TAXES (RANGE): $1722-2050/YR
Foxwood Village: 15;$179,9k;165k;$164,1k; $199,5k;$219,9k;$220k;$225k;$229,9k;$239,9k; $240k;$265k;$270k;$310k;$319k;$349,9k
HOA DUES (RANGE): $435-468/MO
TAXES (RANGE):$3500-$6800/YR
Windcrest East: 2; $589,9k;$589,9k
HOA DUES (RANGE): $272/MO
TAXES (RANGE): $4946-$5143/YR
GREENPORT, NEW YORK
Driftwood Cove (co-op): 2; $180k; $199k
HOA DUES (RANGE): $270-303/MO
TAXES (RANGE): CALL US
Breezy Shores (co-op): 2 $369k; $369k
HOA DUES (RANGE): $300/MO
TAXES (RANGE): $1261
Pheasant Run Estates: 1 $459k
HOA DUES (RANGE): $350
TAXES (RANGE): 3100/YR
Sterling Harbor (co-op) 1 $695k
HOA DUES (RANGE): CALL US
TAXES (RANGE): $3990/YR
JAMESPORT, NEW YORK
Maidstone Landing: 8; $799k;$845k;$849k;$850k;$879k;$895k;$947,9k;$1,275m
HOA DUES (RANGE): $455-500/MO
TAXES (RANGE):$6000-7500/YR
RIVERHEAD, NEW YORK
Mill Ponds: 3 $278k; $295k;$298,8k
HOA DUES (RANGE): $187-200/MO
TAXES (RANGE): $3072-3669/YR
Willow Ponds: 9; $298,8K;$299K;$314K;$319K;$334K;$389,9K; $395K;432,5K;$485K
HOA DUES (RANGE):$273-291/MO
TAXES: (RANGE): $4397-4700/YR
Sunken Ponds: 8; $329k; $335k;$375k;$382k;$390k;$399,9k;$399,99k;$429k
HOA DUES (RANGE): $265-300/MO
TAXES (RANGE): $3731-6392/YR
Stoneleigh Woods: 2; $365k; $375k
HOA DUES (RANGE): $251
TAXES (RANGE): 4100/YR
Saddle Lakes: 2; $349k; $399K
HOA DUES (RANGE): $288- $295/MO
TAXES (RANGE): $3554-4035/YR
The Highlands: 1; $574,9k
HOA DUES (RANGE): $395/MO
TAXES (RANGE): $9919/YR
SOUTHOLD, NEW YORK
Founders Village: none available at this time
Colonial Village (co-op): 1 $279,750
HOA DUES (RANGE): 430/MO
TAXES (RANGE): CALL US
The Cove: 1; $899k
HOA DUES (RANGE): $425/MO
TAXES (RANGE): $3300/YR
All figures above are obtained from outside sources. The purpose is to provide seekers or sellers of retirement/vacation condominiums a range of costs/availability.
In order to receive the most accurate and up-to-date information, please give Options Realty a call for clarification- these figures, while deemed accurate, are subject to revision or confirmation, and should not be relied upon as a sole indicator. Please view as estimates.
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fire of 1952. Fortunately, the reports turned out to be groundless, but they received sufficient attention to raise the Brooklyn Ocean Challenge Cup to a somewhat legendary level. Actually it was safe in the possession of James Heatherton. Heatherton was the sole surviving member, officer and director of the Brooklyn Y.C.
The centennial race is being organized by the CYC and OCYC in cooperation with Shelter Island Y.C., the Village of Greenport and the East End Museum and Maritime Foundation. In addition to the CYC perpetual Brooklyn Ocean Challenge Cup the Village of Greenport will sponsor the Greenport Perpetual Trophy, awarded to the yacht taking line honors. SIYC will sponsor a team racing trophy. The organizers are enthusiastic that the BOCC will become an annual event.



