195 W Mohican Trail, Glen Spey, NY, 12737 | $199,990

Come finish the renovation! Cabin at Mohican Lake was partially stripped with the intention of a cosmetic upgrade which was never completed. A 3-season, 3 B/R, 1/2 bath + sep. shower room with washer and dryer. 4yr old septic tank and we'll is less than 15 yrs. Each B/R fits a queen size bed. Great room with Kitchen, D/R, & L/R with beautiful lake view. Pull down stairs to wide open stand-up attic with plenty of potential! Back deck out to yard with firepit and woods beyond. Privacy! Front deck with beautiful view of the lake. Enjoy swimming, boating, kayaking, paddleboarding, fishing and more! Less than 500 ft from the Association boat launch and picnic area. Membership is optional, but membership is only $100/year! Hunting on nearby state lands. Several rod and gun clubs in the area as well. Less than 20 mi from skiing and snowboarding, Bethel Woods Center for the Performing Arts, Forestburg Playhouse, and the Delaware River Come enjoy!

Features

  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 half
  • Style: Cottage
  • Year Built: 1962
  • Heating: Other, See Remarks
  • Cooling: None
  • Basement: None
  • Approx Sq. Feet: 780
  • Acreage: 0.14
  • Est. Taxes: $2,071
  • Elem. School: George Ross Mackenzie Elem Sch
  • Middle School: Eldred Junior-Senior High School
  • High School: Eldred Junior-Senior High School
  • School District: Eldred
  • Appliances: Electric Water Heater
  • MLS#: H6313487
  • Days on Market: 181 days
  • Website: https://www.raveis.com
    /prop/H6313487/195wmohicantrail_glenspey_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Realmart Realty, LLC   Phone: 888-362-6543

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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195 W Mohican Trail, Glen Spey, NY, 12737

$199,990

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $159,992 $159,992 $159,992
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $173 $173 $173
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,078 $1,063 $1,349
Total Monthly Payment $1,326 $1,311 $1,597

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.