North Shore Homes - October 20, 2022

A

COLLECTION LISTING IN SETAUKET, NY

Private and secluded, this spectacular waterfront property has stunning panoramic views of Setauket and Port Jefferson Harbors and the Long Island Sound. Set back from the road near the end of a cul de sac, the property offers an expansive backyard setting with private staircase to the beach. Take in the fresh salt air and pleasant breezes under the pergola covered patio with outdoor fireplace, the perfect setting for gatherings under the sun, moon, and stars. Constructed in 2012 using only the finest materials, the interior design flourishes with layers of mouldings, high ceilings, (hurricane glass) Loewen windows and French doors, and custom state-of-the-art kitchen and baths creating both a functional and elegant home. A Masterpiece Collection Listing. MLS# 3431141. $4,850,000.

Stony Brook/Port

Recently Sold by the Cain-Healy Team

SETAUKET MLS# 3399015. $874,000.

STONY BROOK MLS# 3392668. $710,000.

STONY BROOK MLS# 3403223. $617,000.

PORT JEFFERSON MLS# 3391629. $825,000.

Patricia Cain and Stephen Healy of The Cain-Healy Team have lived in the community for over 30 years, and as a result have multiple connections to the Three Village community, the businesses, and its people. They are dedicated to their clients and helping others with the next step in their lives in the community they both call home. If you would like to know what your property is worth in today’s market or to discuss their experiences marketing these homes, contact them today. It will be the best move you make.

The Cain-Healy Team

Patricia Cain, Stephen Healy Stony Brook/Port Jefferson Office 1067 Route 25A, Stony Brook, NY 631.689.6980 | danielgale.com

Real Estate Salespeople c.516.458.6703, c.631.836.4986 patriciacain@danielgale.com stephenhealy@danielgale.com

Each office is independently owned and operated.

UNDERSTANDING TYPES OF REAL ESTATE INVESTMENTS

According to RocketMortgage, there are many real estate, if you play your cards right — which is why it’s considered one of the most popular assets. If you’re just getting started investing in real estate, however, it can be a little overwhelming learning

types of investments available to you. Learn more about investing at bit.ly/3BBqq41

©ADOBE STOCK

Real Estate Crowdfunding

There are many ways to invest in real estate. Until recently, most of them required either a lot of money or a lot of time, or both. Real estate crowdfunding has changed much of that.

Crowdfunding is a way in which investors reach out to a large pool of investors, usually online, who each contribute a small amount of money. For investors, real estate crowdfunding is a way to generate passive income. It is considered a tangible asset that is less volatile than other investments and generates regular income.

It is an investment option that wasn’t widely available before 2016. While the JOBS Act allowed crowdfunding for accredited investors as of 2012, to qualify you had to have either $1 million in net worth or have earned $200,000 to $300,000 per year for the past two years. Even now, non-accredited investors typically pay higher fees.

Even now, the Securities Exchange Commission regulates how much non-accredited lenders can invest

based upon their income. Investors with an annual income of less than $107,000 can only invest 55% of their income with $2,200 as a maximum. If your annual income is greater than $107,000, you can invest up to 10% of your income.

INVESTING IN REAL ESTATE CROWDFUNDING

There are numerous crowdfunding sites. Take the time to read reviews

each. Generally speaking, most sites from sponsors.

often with pictures of the property. They might be divided into REITS, value added, equity or development categories. The deals will describe the projected return rate. It will explain how often distributions are made (quarterly, monthly or annually) and whether there is a payout at the end. Deals may detail how long the investment is for and when the investor plans to sell the property.

Projected returns, according to The Real Estate Crowdfunding review, can range from 6% to 7% for conservative deals to 300% to 400% for aggressive deals.

If you like the deal, you subscribe

— signing a legal contract — and deposit your money.

PROS AND CONS

Real estate has long been considered a good investment that helps balance stock market investments in a portfolio. It has historically been a source of wealth creation.

However, the same risks that come with traditional real estate investment are present with crowdfunding. If the sponsor isn’t able to implement the strategy listed in their pitch, you might lose some or all of your money.

This is why the Real Estate Crowdfunding review advises that you should never invest money that

Typical advantages to investing in real estate crowdfunding are

of passive income and small investment sizes.

Typical disadvantages include a relative lower return, investments are not liquid and you have a lack of control over the investment.

Investors recommend you perform a personal risk assessment before deciding whether real estate crowdfunding is a direction in which you want to go.

©2022 Greenshoot Media

Bringing clarity to a confusing real estate market.

has been servicing Long Island since 1954.

seen

like this before.

700 sales professionals have the answers you need.

Babylon Beautifully updated custom 4 Br. 2 Ba. hi ranch waterfront home with unbeatable views of the Great South Bay. Upgraded kit. Options for docking include the 100 ft bulkhead on the property as well as the deeded boat slip directly across the street. Nearby Argyle Park and Babylon Village. ML#3432682 $989,000

Smithtown Limited Edition! This circa 1700’s home is filled with charm and nestled on 2.18 tranquil acres bordering Nissequogue River. Entire house and property has been completely renovated Spectacular grounds, gunite pool w/waterfall. Outdoor entertaining spaces. True taxes are another bonus at $12,530. Must be experienced firsthand! ML#3418995 $975,000

Port Jefferson Antique/Historical! Once in a lifetime opportunity to own the Zachariah Hawkins House, a historic home in the desirable Village of Port Jefferson. 4 Br, 2.5 Ba. Legal Accessory Studio Apartment (gas heat) which is above the detached 1.5 car garage on Franklin St. Very Low taxes. Close to Stony Brook University and Hospital. ML#3396733 $850,000

East Setauket Setauket Meadows

55+ Community - End Unit in prime location overlooking the pond. Hwdflrs, Mstr BR ensuite w/Calif. Closet. Crown Moldings, Upgraded Cherry Kit. Cabinets and Granite Countertops. Gas fpl w/Custom Mantel, Deck and Patio. Garage. ML#3426283 $699,000

|

Stony Brook Lovely, expanded ranch in the heart of Stony Brook! Close to West Meadow Beach and private 40 areas beach association. Wood flrs, vaulted ceiling. Young windows, gas heat, Energy efficient Buderus heating system, Move right in! ML#3418580 $675,000

North Country Road, Stony Brook, NY

| 631.751.0303

home with

Old field Spacious updated 4 BR Ranch with access to private beach, HWfloors, Andersen windows, skylites, oversized 2 car garage, full basement partially finished,3V schools, close to Stony brook Univ. ML#3422211 $950,000

Mt Sinai Views of Waterfront without any of the headaches of Bulkheading. Build your Dream home overlooking Mt. Sinai Harbor where you can enjoy moorng your boat, Fishing, Kayaking. Acres of beaches to walk, run or just sit back and relax. If you want to find the perfect lot to build your dream home...this is it! ML#3369323 $599,000

Stony Brook Ranch 1st Fl Master Bdrm., 2nd Bedrm, Eat in Kitchen, Granite Countertops, Hardwood Floors. Home Office, Lr/Dr, Master Bath, Security System, new Windows, Private Entrance. Second lot included, sold as package, Lot size .35 taxes $832. ML#3424484 $539,900

Stony Brook 3-Bed, 2.5-Bath, Cambridge Colonial. Anderson Windows Throughout. Covered Porch w/ Cultured Stone. FLR w/ Wood Burning stove. FPL 1st fl. Powder Rm, DR/Den, Office/FLR, EIK w/new dishwasher & oven. 2 Car Garage. 3 lg. Bdrms, Mstr bdrm w/En Suite. Large Fenced Yard. ML#3428040 $599,000

Rocky Pt Large Hi Ranch w/ 1 to 2 bedroom apartment on lower level, Perfect Mother/Daughter. The upper level: bamboo flooring, new anderson sliders to large deck. Ductless AC, SS appl., Newer roof & HW heater. Oversized driveway. Lower level has private entrance, fenced yard. ML#3433046 $529,000

Smithtown Homestead for the ages!! A 2100sq’ Ranch style home. 4 Bdrms, 2.5 Baths, large EIK, FLR, DR, Family room. Full walk-up attic, full bsmt. Separate laundry room w/utility sink & freezer. Atrium w/doors off the family room. Detached garage is oversized w/separate door leading to the yard. ML#3434770 $499,000

Sound Beach Contemporary style home, approx. 2100 sq ft. Full finished bsmt. with approx 800 sq foot 1 bdrm. legal apartment, perfect for extended family. 2/3 bedrooms upstairs w/master bath & shower. Loft area perfect for an office or additional bdrm. Two separate driveways. ML#3390240 $499,900

Mattituck Contemporary style home, approx. 2100 sq ft. Full finished bsmt. with approx 800 sq foot 1 bdrm.legal apartment, perfect for extended family. 2/3 bedrooms upstairs w/master bath & shower. Loft area perfect for an office or additional bdrm. Two separate driveways. ML#3390240 $469,000

Rocky Pt Open Floor Plan With EIK w/Oak Cabinets and Porcelain Tile, Cozy Living Room. Master Bedroom and 3 additional Bedrooms, 2 Full Baths, Full Basement, 1 Car Garage. Sprinkler System. Backyard Features Private Deck Right Out Your Back Door. ML#3430400 $425,000

| 631.928.5484

Bringing clarity to a confusing real estate market.

Mt. Sinai Welcome to this beautiful 5Br, 4.5Bth Post Modern nestled on quiet cul de Sac in Desirable Island Estates.

Grand 2 Story Entry w/Elegant Staircase. Beyond is an Open Floor plan w/Formal Living Rm, Formal DR w/Butler’s Pantry & Family Rm w/Fpl., Lg Windows & Sliders provide much natural light. Beautiful Private .73 yard. Full Finished Basement w/OSE & 3 Car Garage. ML#3424670 $1,199,000

West Babylon Expanded 5Br, 2FBth Cape in West Babylon School District w/Nice size Fully fenced yard. Eat in Kitchen, all spacious rooms, GAS heat, Hardwood floors, partially finished basement w/ workshop. 10-year young roof (50 yr shingle) with GAF Gold Pledge Transferable Warranty and upgraded gutters with Leaf Guard system. 1 Car Det’d Garg. Close to all shopping, major roads and transportation. ML#3433718 $510,000

East Meadow Meticulously Maintained 5Br, 3FBth Split Level Home. First Level Entry Foyer, Living Room & Full Bath, access to Garage and Basement. Upper Level offers Spacious EIK w/Gas Cooking, 4 Seasons Room, FDR or Den. Private Primary Suite w/Lg Wlk in Closet & En-suite Bath. CAC, 200 Amp service, Finished Bsmnt with Office & Separate Laundry Room. Patio with In-Ground Pool. ML#3434167 $859,000

Pt. Jefferson Station Sparkling 4 Br, 2.5Bth Colonial nestled in the desirable Woodlands section. Magnificent private landscaped backyard with inground pool and waterfall. Completely redone paver patio with a fire pit. EIK w/granite, S/S & Butler’s pantry. FDR, HW Floors, fully finished basement. Newer Roof, 2+ car garage with long driveway for ample off-street parking. Gas heat. ML##3433195 $749,999

Coram Gorgeous 4Br, 2.5 Bth Center Hall Colonial! Large EH sets off this fabulous floor plan! Updated Custom EIK and Baths! New Heating System. Formal DR, Country club yard! IGP with custom sun ledge, huge deck, lower-level paver patio, fully fenced shy half acre! Ceramic/Marble/wood floors/sliders/ updated windows/copper sink (wet bar) 2 Car Garg. ML#3414112 $599,990

Mount Sinai

Lake Grove Price Improvement! Magnificent 3Br,2FBth Colonial on huge corner fenced property. Lg yard w, IGS, great for entertaining. L Shaped EIK, FDR, Hardwood Flrs, CAC. 2 Updated FBths. Anderson windows & Slider to yard. Updated Roof, Boiler & HW Tank. 2 Car Paver Driveway & Walkway. Must See to appreciate. ML#3428930 $470,000

Route 25A, Mount Sinai, NY 11766 | 631.331.3600

Ridge Newly Renovated 2 Br, 2FBth Huntington Model in Leisure Knoll, an Active 55+ Adult Community. EIK w/ New Granite Counter Tops, New Range and a Pantry. Primary Suite W/FBth & Walk-In-Closet. Guest Bth. Private Yard, CAC, Laundry Area. 1 Car Garg. Amenities Include: Club House, Pool, Tennis & More. ML#3422336 RENTAL Offered at: $3,400/Month

Ask

Have Professional Photos Taken

Start the process early.

During this time the home buying process is rapidly changing. Work with your real estate agent for latest updates.

Qualify for the lowest mortgage you can and get pre-approved for a mortgage before beginning your search. Be ready to act fast and be willing to compromise.

What is a REIT?

Buying Commercial Property

FINDING AN AGENT

FOR

Remsenburg

Setauket | $1,500,000 | Web # 3434497

The dream realized. Stunning, sun drenched

Estate set on 2 + acres of lush property including Gunite pool,

car garage plus 8 + car/truck (2500 sqft) detached climatecontrolled building.

Located in Old Field with deeded beach rights on a secluded Cul De Sac borders 26 acres of state land, one of the most tranquil locations in all of Old Field. Recently Renovated Center Hall Colonial with over 4400 sf of Living Space set on 2.34 Acres.

Setauket

Stately and Impressive 4000 sq ft colonial with superior finishes and attention to detail. Featuring cathedral ceilings, beautiful hardwood floors and a warm welcoming feeling, this wonderful Colonial will please the most discerning buyers.

Charming 4 bedroom, 2.5 bath colonial in Three Village is

on spacious 0.65-acre property. Boasting an oversized, fenced backyard with in-ground pool ready for entertaining!

in this community on sewers.

ALEXIA POULOS

CAROL ACKER

Buying a Fixer-Upper

Many a person who thinks of themselves as handy has been inspired by cable programming, but renovation straightforward.

WIRING TROUBLES

SUB-FLOOR

ROOF ISSUES

a

Maria Orlandi

Short Beach Road

Flax Pond Woods Road