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9 Benedict Lane #5-7

New Windsor, NY 12553 · Orange County

Beds
8
Baths
4
Status
Active
On site
64 days

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About this home

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.

Listed with eXp Realty · Virginia Corbett · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 17, 2026, 9:07 PM ET. ©2026 One Key MLS.

Estimate Your Monthly Payment

Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$6,026.40Total / mo

Estimated Monthly Payment

Principal & interest
$4,428.24 (73.5%)
Taxes
$1,398.17 (23.2%)
Insurance
$200.00 (3.3%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around New Windsor, NY

Current Listings

New in the last 30 days

35

Sep 2026

Average Price

Active listings

$603,112

Sep 2026

Average Days on Market

Active listings

128 days

Sep 2026

Computed from 139 active OneKey MLS listings in New Windsor, NY.

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