There are several pros and cons of home ownership in Setauket-East Setauket, New York:

Pros:
- Historical significance: The area is rich in history and landmarks, which can be a definite perk for history buffs.
- Easy access to water: With access to the Long Island Sound, residents of Setauket-East Setauket can enjoy boating, swimming, and fishing.
- High quality of living: Generally, the area has high-quality schools, low crime rates, and good access to amenities.
- Appreciation potential: Real estate in the area has shown signs of appreciation over time, which can be valuable for homeowners.

Cons:
- High cost of living: The overall cost of living in Setauket-East Setauket is generally higher than in other areas, including the cost of housing, utilities, and taxes.
- Crowded: The area has become more crowded over time, which can lead to increased traffic congestion and higher noise levels.
- High property taxes: The property tax rates in Suffolk County and the state of New York are among the highest in the country.
- Natural disasters: Due to its location near the coast, the area can be vulnerable to hurricanes, tropical storms, and flooding.

Overall, is important to weigh these pros and cons before making a decision on home ownership in Setauket-East Setauket, New York, as it may vary based on individual preferences and circumstances.