9 Benedict Lane #5-7, New Windsor, NY 12553

New Windsor
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
9 Benedict Lane #5-7,New Windsor, NY 12553
$899,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: virginia corbett
Office: exp realty
MLS#:1026800
Source:OneKey MLS

Price summary

  • Price:$899,000

About this home

Income-producing multi-property asset offered at approximately an 8% cap rate with $75,900 NOI. This unique offering includes three separate residences on one 1.4 acre parcel, delivering multiple income streams and long-term upside potential. Ideal for investors seeking yield, value-add opportunity, or a hybrid owner-occupant strategy. Located across the street from Cornwall High School and near train service, shopping, and schools, the location supports steady rental demand. This property generates a gross annual rental income of $96,300. Annual operating expenses, including taxes, insurance, and lawn care, total $20,400, resulting in a net annual operating income of $75,900. Buyers looking for an income-producing property with strong numbers will recognize the value of a multi-home setup that delivers consistent cash flow with limited expense categories. Each home functions independently, allowing for flexible strategies such as renting all three, living in one while leasing the...

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Home facts

  • Year built:1951
  • Listing ID #:1026800
  • Added:119 day(s) ago
  • Updated:November 12, 2026 at 01:08 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Dining Description:Eat-In Kitchen
  • Kitchen Description:Eat-in Kitchen
  • Bedroom Description:First Floor Bedroom

Heating and cooling

  • Heating:Baseboard, Oil, Propane

Structure and exterior

  • Year built:1951
  • Lot area:1.4 Acres

Schools

  • High school:Cornwall Central High School
  • Middle school:Cornwall Middle School
  • Elementary school:Cornwall Elementary School

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$899,000
  • Tax amount:$16,778 (2025)

Parking

  • Parking description:Driveway
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