5501 CEMETERY & SADLER ROADS
About This Property
Exceptional development opportunity featuring two adjoining parcels totaling approximately 44 acres MOL (30 acres and 14 acres). Conveniently located between Cemetery Road and Sadler Road just west of Round Lake Round in Orange County.
Property highlights include:
Two parcels being offered together
Approximately 30 acres MOL and 14 acres MOL
Two existing wells currently on site
Excellent potential for residential, agricultural, or future development opportunities (subject to zoning and approvals)
Strategic location on the West end of the Kelly Park Development
Parcel IDs:
Orange County Parcel ID: 15-20-27-0000-00-007
Orange County Parcel ID: 15-20-27-0000-00-009
This rare offering provides significant acreage and flexibility for investors, developers, or end users seeking a large tract in a growing area.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 5, 2026 | Listed by WATSON REALTY CORP | $15,356,000 | |
| Listed by WATSON REALTY CORP | |||
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About Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017