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Welcome to 593 Shore Drive – A Charming Ranch with Bonus Land in the Heart of New Windsor/Beaver Dam Lake Discover comfort, character, and opportunity in this delightful ranch-style home nestled in the sought-after Beaver Dam Lake community with access to scenic Lake rights. Built in 1960. Situated on a 4, 750 sq ft lot, this property also includes a bonus 0. 28-acre vacant parcel—perfect for expanded outdoor living, gardening, or simply enjoying the privacy of additional space. While the lot is not buildable, it adds exceptional value and flexibility to your lifestyle. Step inside and envision the possibilities. With a well-proportioned layout and plenty of natural light, this home offers a warm and welcoming atmosphere ideal for both everyday living and entertaining. Enjoy the serene environment of the Beaver Dam community and take advantage of the tranquil setting with Lake rights—perfect for outdoor enthusiasts, kayakers, and those who simply love the water. Whether you're a first-time homebuyer, investor, or looking for a peaceful retreat with extra space to grow, 593 Shore Drive is an incredible opportunity in a prime New Windsor location. Don’t miss your chance to own a home with heart, history, and room to dream. Schedule your private showing today
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Our Executive Mortgage Banker:
Our Insurance Division:
$400,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $602 | $602 | $602 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,127 | $2,679 |
Total Monthly Payment | $2,726 | $2,804 | $3,356 |
* 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.