8 Oak Drive, New Windsor, NY, 12553 | $799,999

Close your eyes and envision. . . a beautiful lake 3 blocks away to enjoy swimming, kayaking, fishing & beach sunsets. . . This desirable private lake community brings a whole new dimension to country life. A tranquil non motorboat lake in the highly sought after Beaver Dam Lake community in Cornwall school District is within your reach. . Welcome to an extraordinary opportunity, a rare offering with 2 separate homes on one remarkable parcel with coveted lake rights. The options are many with an investment such as this! Offset your mortgage with the rental income, or combine family funds and purchase 2 incredible homes for your own family compound. The main residence although originally built in 1949 was torn down to the foundation, expanded in 2006 & creatively rebuilt to over 3, 100 square feet of well-defined space. The charm of a sprawling modern Farmhouse that feels like home upon entry with wonderful, oversized windows generating bright and cheerful rooms. Beginning with the stunning foyer (& large coat closet), you will be drawn into immense space throughout. The first- floor huge primary ensuite provides the ease of one floor living with a spacious walk-in closet, lovely spa inspired bathroom w/ a beautiful tiled shower & soaking tub, truly the attraction you have been seeking, creating a wing of privacy. A second lovely bedroom (perfect for home office) & chic full bath also compliment the first floor, as well as the convenience of a full dedicated laundry room. The true heart of the home however is the expansive open concept kitchen, dining & family room combo with soaring vaulted ceiling (and cool decorative built in shelf), recessed lighting, walk in pantry & massive island w/ fabulous granite counter top. An abundant space for everyone to gather & mingle as you prepare your favorite recipes. A fun outside area is the wraparound covered front porch, easily accessed from a beautiful glass sliding kitchen door, a great "chillin" area for morning coffee, unwinding after work, or just relaxing after a fun filled day at the lake! A sweet fenced in yard offers space & easy access for pets and children ensuring safety & room for gardens! The first level truly offers the convenience of one floor living, & yet so much more to see upstairs! As you venture up the lovely staircase, you will find the space unmatched with an oversized family room, perfect for movie nights, 2 generously sized bedrooms with walk-in closets, full large bathroom, storage closets and well insulated attic (with pull down stairs). Plenty of room for family & friends, yet your primary sanctuary remains private on the first floor! This special home will surely be ''the house'' that everyone gravitates to for visits with the attraction of the the wonderful lake & abundant guest space for fun weekend escapes. Adding more value is the charming 2 story detached cottage next door with 1248 sq ft of living space. Updated in 2008 w/newer appliances added in 2021, this cottage features private parking, yard space, central AC, and open layout on the 1st level w/ kitchen, living room & full bath. The 2nd floor provides 2 bedrooms , 2nd full bath & laundry area. Excellent as a rental, guest house or for extended family. A one-of-a-kind distinctive property that offers a community beach with floating platforms, sand toys & boat launches for residents. Whatever you may be searching for, when you are kayaking on a beautiful summer day you will never regret this purchase! Experience life at its best w/ quaint nearby villages of Washingtonville & Cornwall w/ seasonal festivities, parks, eateries, lovely shops & old fashion ice cream stand to sweeten life more. Ideal commuter location w/ Salisbury Train Station (to Penn Station), West Point, Commons shopping & more! An enchanting little secret in a serene lake community in the beautiful Hudson Valley and only 62 miles from NYC! An exceptional investment and & timeless bliss of lake life!

Features

  • Bedrooms: 6
  • Baths: 5 full
  • Laundry: Laundry Room
  • Style: Includes Legal Accessory Apartment, Colonial
  • Year Built: 1949
  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Basement: Crawl Space
  • Acreage: 0.35
  • Est. Taxes: $16,439
  • Lot Desc: Level, Near Public Transit, See Remarks
  • Elem. School: Willow Avenue Elementary School
  • Middle School: Cornwall Middle School
  • High School: Cornwall Central High School
  • School District: Cornwall
  • MLS#: 992546
  • Days on Market: 41 days
  • Website: https://www.raveis.com
    /prop/992546/8oakdrive_newwindsor_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.

William Raveis Family of Services

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Fay GoebertSales Associate

917.916.1693

Fay.Goebert@raveis.com

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Joseph MollicaVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 130058

203.952.8600

Joseph.Mollica@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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Alex FerroInsurance Sales Director, William Raveis Insurance

203.610.1536

Alex.Ferro@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

8 Oak Drive, New Windsor, NY, 12553

$799,999

Fay Goebert

Sales Associate

William Raveis Real Estate

Phone: 917.916.1693

Fay.Goebert@raveis.com

Joseph Mollica

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.952.8600

Joseph.Mollica@raveis.com

NMLS Mortgage Loan Originator ID 130058

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $639,999 $639,999 $639,999
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.615% 5.952%
Monthly Tax Payment $1,370 $1,370 $1,370
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,833 $4,041 $5,315
Total Monthly Payment $5,295 $5,503 $6,777

* 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.