36 Crooked Lane, Glen Spey (Lumberland), NY, 12737 | $545,000

The coziest cabin of them all A truly magical log cabin on over 8 private acres with 2 complete structures. This rustic log cabin is currently a successful short-term rental and all interior items convey if you want to continue it as such and make a healthy semi-passive income from it. You can find it on Airbnb to read our reviews and get a sense of booking frequency. . This is a turn-key sanctuary and business investment all in one. Favorite features of the cabin are the spacious screened porch, the enchanting feel of being surrounded by logs, and the immense peace and headspace one can feel here with no neighbors and just the sound of birds and babbling brooks. Favorite things about the location are that it's a stunning drive along the Delaware River and just 2 hrs from Manhattan. The area is quaintly stuck in time with a wholesome small town essence. There's just enough urban expat entrepreneurship happening here to keep you entertained and connected to an emerging community of creative souls escaping the city for the serenity of these woods. And of course the Delaware River Start the Summer days with a walk to swim in its healing waters. Speaking of healing water, there's a lovely waterfall in the woods nearby!For families, it's by the Homestead School and Circle Park. It's beyond safe here and there's lots of local farming to provide your family with the best nutrition. For creatives, the second building is a massive high-ceilinged space for large scale creativity! And the upstairs is a big open loft surrounded by floor to ceiling windows. It's not quite finished but as it is, it's very inspiring as a yoga, dance, or group ceremony environment. This place is a private paradise with so much to offer. A rare gem that is healing, inspiring, and financially rewarding/self-sustaining.

Features

  • Town: Glen Spey
  • Rooms: 8
  • Bedrooms: 3
  • Baths: 2 full
  • Style: Log
  • Year Built: 1988
  • Garage: 3-car Detached, 3 Car Detached, Driveway, Garage, Off Street, Private
  • Heating: Oil, Baseboard
  • Cooling: Central Air
  • Basement: Bilco Door(s), Partially Finished
  • Approx Sq. Feet: 1,680
  • Acreage: 8.23
  • Est. Taxes: $8,250
  • Water Front: Yes
  • Elem. School: George Ross Mackenzie Elem Sch
  • Middle School: Eldred Junior-Senior High School
  • High School: Eldred Junior-Senior High School
  • School District: Eldred
  • MLS#: H6257016
  • Days on Market: 321 days
  • Website: https://www.raveis.com
    /prop/H6257016/36crookedlane_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.

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NMLS Mortgage Loan Originator ID 1500191

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36 Crooked Lane, Glen Spey (Lumberland), NY, 12737

$545,000

Karen Hickman

Sales Associate

William Raveis Real Estate

Phone: 617.821.1665

Karen.Hickman@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $436,000 $436,000 $436,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.945% 7.133% 6.256%
Monthly Tax Payment $688 $688 $688
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,974 $2,898 $3,677
Total Monthly Payment $3,754 $3,678 $4,457

* 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.