9 Benedict Lane #5-7
New Windsor, NY 12553
8
Bed
4
Bath
1.40Acres(Lot)
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 set
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 8Bathroom Information
Total Baths: 4 Full Baths: 4 -
Interior Features
Eat-in Kitchen -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Oil, Propane Cooling: None
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Building Information
Year Built: 1951 Construction Materials: Other Private Pool: No
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Lot Information
Lot Size Acres: 1.4 Lot Size Square Feet: 60984
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Listing Price Information
Listing Price: $899000
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Tax Information
Parcel Number: 332489-005-000-0001-007.000-0000 Annual Tax: $16777.58
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Parking Information
Driveway
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School Information
Elementary School: Cornwall Elementary SchoolJunior High School: Cornwall Middle SchoolSenior High School: Cornwall Central High School -
Location Information
WaterSource: Private, Well
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7 Columbus Street, New Windsor, NY, 12553 | $365,000 | 2 | 2 | -- | |
| 1110 -1114 Route 94, New Windsor, NY, 12553 | $499,000 | 3 | 2 | -- | |
| 263 Riley Road, New Windsor, NY, 12553 | $519,900 | 4 | 2 | -- | |
| 150 Mount Airy Road, New Windsor, NY, 12553 | $549,900 | 5 | 4 | -- | |
| 8 Oak Drive, New Windsor, NY, 12553 | $799,999 | 6 | 5 | -- |
Similar Multifamily To 9 Benedict Lane #5-7
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 OneKey MLS. All Rights Reserved
ByOwner last updated this listing 07/18/2026 @ 21:12
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