Income-Producing Multi-Property
9 Benedict Lane, New Windsor, NY 12553
- Added:
- Jan 22, 2026
- Days on Market:
- 111
- Last Refresh:
- May 13 at 2:06 am
Property Features for 9 Benedict Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 4, Bedroom 3, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 4
- Parking features
- Driveway
- Interior features
- First Floor Bedroom, Eat-in Kitchen
- Standard status
- Active
- APN
- 332489-005-000-0001-007.000-0000
- Lot size
- 1.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16778
Utilities
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Oil, Propane (Heating)
- Water source
- Well
Building Details
- Year built
- 1951
- Number of units
- 3
Listing agent Virginia Corbett (845) 582-3790
Listing office eXp Realty 291 Main St., Ste 201 - 2nd Fl, Hauppauge, NY (888) 276-0630
Listing date Jan 22, 2026
MLS# 953231
Listing URL
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HighLights
- Income‑producing multi‑property asset with approximately 8% cap rate and $75,900 NOI.
- Three separate residences on a single 1.4‑acre parcel, providing multiple income streams.
- Gross annual rental income of $96,300 with limited expense categories.
- Flexible strategies: rent all three, owner‑occupy one while renting the others (one house delivered vacant).
- Convenient location across from Cornwall High School and near train, shopping, and schools.
- Large lot allows for outdoor use, future improvements, or added outdoor entertaining space.
Overview
This income-producing multi-property asset is offered at approximately an 8% cap rate with a $75,900 net operating income. The property includes three separate residences situated on a 1.4-acre parcel, providing multiple income streams and long-term upside potential. It is located across the street from Cornwall High School and near train service, shopping, and schools, supporting steady rental demand. The 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. 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. This multi-structure investment property is located in New Windsor, NY, in Orange County.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- New Windsor
- County
- Orange
- State
- New York
- Longitude
- -74.073865
- Latitude
- 41.448471
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three residences on 1.4 acres, generating $75,900 NOI.
Where is this triplex located?
The property is located at 9 Benedict Lane New Windsor, NY.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: Income‑producing multi‑property asset with approximately 8% cap rate and $75,900 NOI.; Three separate residences on a single 1.4‑acre parcel, providing multiple income streams.; Gross annual rental income of $96,300 with limited expense categories.
