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383 Connors Road
About This Property
This is an approved 7.6-acre building lot in Wallkill, served by the highly regarded Pine Bush School District - which means the hardest part is already behind you. No waiting on paperwork. No wondering if the land will cooperate with your vision. The approvals are in place, the path is clear, and the only thing left to decide is what you want your life to look like from here.
And the land itself? It knows how to welcome you. Across nearly eight acres, a quiet trail draws you in, winding past stone walls that have been keeping watch over this place for generations. Towering trees form a canopy overhead, filtering light the way only old woods can. The terrain moves with you rather than against you - level ground where a home wants to sit, gentle elevation where a porch could catch the afternoon sun, open pockets that almost seem to be waiting for your blueprint. With this much acreage, you have room to breathe, room to build, and room to leave plenty of it beautifully untouched.
Picture the mornings. Coffee on a porch that overlooks nothing but your own land. Birds moving through the trees. A kind of quiet you forgot existed. Evenings that stretch longer because there's nowhere you'd rather be.
But here's what makes this more than just a beautiful piece of land: you're buying into Wallkill at exactly the right moment. This corner of Orange County has become one of the most talked-about markets in the Hudson Valley - growing, evolving, and drawing in buyers who've figured out what savvy investors already know. Add in the Pine Bush School District, and you have the kind of address that is actively searched for. Land like this, in a location like this, doesn't sit still in value. It builds. Quietly. Steadily. The kind of equity that rewards the people who move before everyone else catches on.
You're close to local farms, restaurants, hiking, and the villages that give the Hudson Valley its soul. And with NYC sitting roughly 70 miles south - about a 90-minute drive - the city stays within reach for the days you need it, and comfortably distant for the days you don't.
Build your forever home. Create a weekend retreat. Hold it, improve it, and let the market do what the market is already doing here. However you use it, this is the kind of property you don't just own - you grow with.
Approved. Nearly eight acres. Pine Bush schools. Ready and waiting.
The only question left is yours to answer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017