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9 Benedict Lane 5-7
New Windsor NY 12553 US

$949,000

Active Listing ID 953231
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8 bed
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4.00 Bath (4 Full)
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Lot: 1.40 Acres
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Other

$949,000

Active Listing ID 953231
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9 Benedict Lane 5-7 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 others (one house will be delivered vacant), or repositioning over time. The large lot provides room for outdoor use, future improvements, or added outdoor entertaining space depending on your long-term vision. A rare opportunity to acquire a multi-structure investment property with immediate cash flow and future upside.

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Property Features

  • Facts
  • Lot Size: 1.40 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Heating Fuels: Baseboard, Oil, Propane (Heating)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 949000
  • unparsedaddress: 9 Benedict Lane
  • unitnumber: 5-7
  • postalcity: New Windsor
  • stateorprovince: NY
  • country: US
  • postalcode: 12553
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.4
  • lotsizeunits: Acres
  • lotsizearea: 1.4
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.448471
  • longitude: -74.073865
  • listagentfullname: Virginia Corbett
  • listagentemail: info@virginiacorbetthometeam.com
  • listagentkey: 3yd-MLSLINY-47785
  • listagentmlsid: 47785
  • listagentpreferredphone: 8455823790
  • listagentofficephone: 8455823790
  • listofficekey: 3yd-MLSLINY-EXPRLT06
  • listofficemlsid: EXPRLT06
  • disclaimer: Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MLSLINY
  • yearbuilt: 1951
  • listingcontractdate: 2026-01-22
  • countyorparish: Orange County
  • parcelnumber: 332489-005-000-0001-007.000-0000
  • elementaryschooldistrict: Cornwall
  • middleorjuniorschooldistrict: Cornwall
  • highschooldistrict: Cornwall
  • heating: Baseboard, Oil, Propane (Heating)
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: First Floor Bedroom, Eat-in Kitchen
  • rooms: Bathroom 1, Bathroom 4, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 3, Bedroom 4, Bathroom 2, Bedroom 7, Bedroom 3, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.07387, 41.44847
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"eXp Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@virginiacorbetthometeam.com", "ListBrokerageCity":"Hauppauge", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Listhub@exprealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSLINY/5461cde1901c11e89b590242ac110005/20200212035238600.png", "ListBrokerageName":"eXp Realty", "ListBrokeragePhone":"(888) 276-0630", "ListBrokeragePostalCode":"11788", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 401", "ListBrokerageUnparsedAddress":"150 Motor Parkway", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"291 Main St., Ste 201 - 2nd Fl ", "ListOfficeAddress2":"Suite 401", "ListOfficeBrokerMlsId":"EXPRLT06", "ListOfficeCity":"Beacon", "ListOfficeCountry":"US", "ListOfficeEmail":"ny.broker@exprealty.net", "ListOfficePostalCode":"12508", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - New Windsor, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5-7-9-Benedict-Ln_New-Windsor_NY_12553_M44944-87498?f=listhub&s=MLSLINY&m=953231&c=rexren", "MLSModificationTimestamp":"2026-03-31 18:22:36", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16778, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/15/2026 4:42:58 PM GMT
Source Updated Date: 4/27/2026 6:49:05 AM GMT

Courtesy of: Virginia Corbett, eXp Realty, info@virginiacorbetthometeam.com

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.