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593 Shore Drive
About This Property
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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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by Howard Hanna Rand Realty | $400,000 | |
| Listed by Howard Hanna Rand Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017