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

> **TL;DR:** 8bd/4ba multi-family, $899,000, built 1951. Est. $4,808/mo. Listed 103 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,000 |
| Bedrooms | 8 |
| Bathrooms | 4 full |
| Year Built | 1951 |
| Lot Size | 60,984 sqft (1.40 acres) |
| Property Type | Multi-Family (Triplex) |
| Status | Active |
| Days on Market | 103 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,546 |
| Estimated Insurance | $262 |
| **Total** | **$4,808** |

## Nearby Schools

- **Elementary:** Cornwall Elementary School
- **Middle:** Cornwall Middle School
- **High:** Cornwall Central High School

## Property Highlights

- Built in 1951
- 1.40 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 9 Benedict Lane #5-7, New Windsor, NY 12553
- **County:** Orange County
- **Coordinates:** 41.448471, -74.073865
- **Google Maps:** https://www.google.com/maps?q=41.448471,-74.073865

## Listing Agent

- **Name:** Virginia Corbett
- **Brokerage:** eXp Realty
- **Broker Phone:** (888) 276-0630
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/9-Benedict-Ln_New-Windsor_NY_12553_M44944-87498?f=listhub&s=MLSLINY&m=1026800&c=propsimple)

## Photos

![9 Benedict Lane #5-7 - Photo 1](http://lh.rdcpix.com/da2ee3c52f50ff99e990a47fa6630af5l-f4195606422r.jpg)

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![9 Benedict Lane #5-7 - Photo 36](http://lh.rdcpix.com/da2ee3c52f50ff99e990a47fa6630af5l-f2443253546r.jpg)

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---

**MLS#:** 1026800 | **Updated:** 2026-10-20
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/9-benedict-lane-new-windsor-ny-12553-b603608588e54142b4c49074f80ade9b)

---

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