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For sale
  • $899,000

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

    8beds
    --sqft
    Loading
    Triplex, Multi Family
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    4 days
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    148
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    eXp Realty 888-276-0630,

    Virginia Corbett 845-582-3790

    Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1026800MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard, Oil, Propane
      Cooling
      • None
      Features
      • First Floor Bedroom, Eat-in Kitchen

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Lot
      • Size: 1.4 Acres
      Details
      • Additional structures: Shed(s)
      • Parcel number: 3324890050000001007.0000000
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex, Multi Family
      • Attached to another structure: Yes
      Materials
      • Other
      • Foundation: Other
      Condition
      • Year built: 1951

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Well
      • Utilities for property: Trash Collection Private

      Community & HOA

      Location
      • Region: New Windsor

      Financial & listing details

      • Tax assessed value: $418,800
      • Annual tax amount: $16,777
      • Date on market: 7/16/2026
      • Cumulative days on market: 178 days
      • Listing agreement: Exclusive Right To Sell

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/16/2026Listed for sale$899,000-5.3%
        Source: OneKey® MLS as distributed by MLS GRID #1026800 Report a problem
        7/15/2026Listing removed$949,000
        Source: eXp Realty #953231 Report a problem
        3/27/2026Price change$949,000-5%
        Source: OneKey® MLS as distributed by MLS GRID #953231 Report a problem
        1/23/2026Listed for sale$999,000
        Source: OneKey® MLS as distributed by MLS GRID #953231 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 12553

        Getting around

        29 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cornwall Elementary School
        • Middle: Cornwall Middle School
        • High: Cornwall Central High School

        Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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