Real LI
Buying and selling real estate in the communities of Long Island
Long Island home sales prices down
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Long Island home prices continued their steady downward march last month.
Homes in Nassau County fetched a median price of $397,000 in April, a decline of 2 percent compared to the same period last year, the Multiple Listing Service of Long Island said in a report released Monday. The median is the midpoint in a series of numbers. The number of transactions was down by 2.3 percent, according...
Open House Watch: See 8 Babylon homes
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This four-bedroom, three-bath homeowners association unit in Babylon is a waterfront town house on the market for $699,900. “This is a really beautiful waterfront property and [has] water views from everywhere in the home,” says listing agent Anna Tambasco of Advantage + Realty Corp. (631-957-0096). The home has a bulkhead, a floating dock, a gazebo and a professionally landscaped yard. The kitchen...
Mortgage rates at new record lows
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Bad news for jobs was good news for mortgage rates, which hit new, all-time record lows this week – 3.83 percent with an average 0.7 point for a 30-year fixed-rate mortgage, and 3.05 percent with an average 0.7 point for a 15-year fixed-rate loan.
A weak jobs report for April and concerns over the economic effects of French and Greek election results triggered bond yields to decline and mortgage...
Why You Should Buy Their House: Riverhead
Photo credit: Photo by Randee Daddona
Sellers Lee and Brian Kauffman
Address 92 Linda Lane W., Riverhead
Asking price $599,000
The competition in the area A 2005 three-bedroom ranch is listed for $589,000
Recent sale in the area A 2010 three-bedroom Postmodern sold in September for $529,900
Taxes $10,037
Time on the market Since September
Listing agent Patricia Wilson, Colony Realty, Jamesport,...
Rich Cribs: Huntington Bay home Einstein visited
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The Huntington Bay home on the former Wincoma estate of August Heckscher has seen a few face-lifts since its days as a dock house. Now on the market for $1.849 million, it was first home to the estate’s dockmaster, then bought by a veterinarian who renovated the rooms to turn it into a summer house. Several years later, he had the house raised from its pilings on the beach and moved to street level,...
For sale: Riverhead post-and-beam house
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Everything old is new again at this contemporary eight-room home in Riverhead, which is on the market for $327,990. The house has a post-and-beam construction, a centuries-old method of precise cutting, fitting and joining pieces of timber together.
It was built in 1986, and, the homeowner says, there are wide knotty pine floors and exposed beams throughout the lower level, plus exposed beams...
Shelter Island's 'Constellation house' shaped like a star
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In all her years in real estate, Penelope Moore, senior vice president of The Corcoran Group, says she has never come across a house quite like this one on Shelter Island, which she is marketing for $725,000. “It’s one of those homes where you drive down the block and wonder what the story is,” Moore says.
Curious? Well, when you see the house from the road, you see a Moravian star, says homeowner...
News 12 clip: Historic Gold Coast mansions for sale
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Newsday's LI Home editor Valerie Kellogg talked this week on News 12 Long Island about three Gold Coast mansions on the market that are featured in a new book "Long Island's Gold Coast," which you can read about here. Here's the clip, in case you missed it, with a list below of the agents representing each of the properties.
MILL NECK HOME:
Bonnie Devendorf, Daniel Gale Sotheby's...
Open House Watch: See 23 Merrick homes
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This four-bedroom, two- bathroom Horatio Drive home in Merrick built in 1949 is listed for $439,000. “It has a big, oversized lot — the yard is 75 feet by 100 feet,” says Tina Canaris of Re/Max Hearthstone (516-771-8300), who is listing the house with Andrew Louca. The roof and windows have been replaced. The kitchen appliances are updated. There are new interior doors, new hardwood floors and a...
Why you should buy their house in Baldwin
Photo credit: Craig Ruttle
Sellers. Jill and Michael Borgia
Address. 1032 Henhawk Rd., Baldwin
Asking price. $314,990
The competition in the area. A 1926 three-bedroom Colonial is listed for $339,000.
Recent sale in the area. A 1947 four-bedroom Cape sold in November for $320,000.
Taxes. $9,641
Time on the market. Since January
Listing agent. Clifton Cole, Pristine Properties, Mount...
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