290 Little Lakes Road

    Warren, NY 13439
    • $750,000
    • STATUS: Active
    • ON SITE: 339 days
    • MLS #: S1187346
    $750,000
    • 4
      BEDS
    • 11.8
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    • 1,880
      SQFT
    • $399
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1973
    County:

    School Ratings & Info

    School District:

    Description

    Multi-million dollar return investment. Black Walnut Tree Farm with 700 trees being grown for commercial wood. Invest in your future! 12 acres land for sale and very rare to the market, this property offers long term investment potential with 500 trees over 17 years (phase 1) and 200 trees at 4 years old (phase 2). Owners have plotted a course for continuing income as trees mature starting in 15 years. Investment potential for phase 1 trees would yield between $3,750,000 to $8,000,000 at today’s prices using Doyle’s Rule for standing tree board feet and a reasonable growth rate.

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    ©2020 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor The CJ Lore Team | RE/MAX Hometown Choice shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than The CJ Lore Team | RE/MAX Hometown Choice are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2020-03-28T00:13:40.813.
    www.buyandsellwithcj.com/homes/93957209

    290 Little Lakes Road Warren, NY 13439

    • Price: $750,000
    • Status: Active
    • MLS #: S1187346
    4
    Beds
    2
    Baths
    1
    ½ Baths
    11.8
    Acres
    1,880
    SQFT
    $399
    $/SQFT
    1973
    Built
    Neighborhood:
    Warren-215200
    County:
    Herkimer
    Area:
    Warren-215200
    School District:
    Richfield Springs
    Property Description
    Multi-million dollar return investment. Black Walnut Tree Farm with 700 trees being grown for commercial wood. Invest in your future! 12 acres land for sale and very rare to the market, this property offers long term investment potential with 500 trees over 17 years (phase 1) and 200 trees at 4 years old (phase 2). Owners have plotted a course for continuing income as trees mature starting in 15 years. Investment potential for phase 1 trees would yield between $3,750,000 to $8,000,000 at today’s prices using Doyle’s Rule for standing tree board feet and a reasonable growth rate.
    Exterior Features

    Architectural Style Ranch Attached Garage YN Yes Construction Materials Aluminum SidingBrickFrameSteel SidingCopper Plumbing Exterior Features Propane Tank - Leased Garage YN Yes Lot Features Rural LotWooded Other Structures Barn(S)OutbuildingShed(S) Parking Features AttachedGarageGarage Door Opener Patio And Porch Features EnclosedPorchScreened Road Frontage Type Main Thoroughfare Roof Asphalt Waterfront YN No

    Interior Features

    Appliances DryerDishwasherExhaust FanFree-Standing RangeMicrowaveOvenRefrigeratorRange HoodWasherWater Softener Basement FullWalk-Out Access Cooling Electric Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Flooring CarpetTile Foundation Details Block Heating ElectricPropaneWall Furnace Heating YN Yes Interior Features Sliding Glass Door(S)Natural WoodworkBedroom On Main LevelHigh Speed InternetMain Level Master Laundry Features Main Level Levels One Window Features Thermal Windows

    Property Features

    Accessibility Features Accessible Doors Electric Circuit Breakers Listing Terms CashConventionalFha Possession Close Of Escrow Sewer Septic Tank Special Listing Conditions Standard Tax Annual Amount 3830 Water Source Well

    Listing information © 2020 CNYIS, GENRIS, WNYREIS. Listing provided courtesy of Coldwell Banker Faith Properties.
    ©2020 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor The CJ Lore Team | RE/MAX Hometown Choice shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than The CJ Lore Team | RE/MAX Hometown Choice are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2020-03-28T00:13:40.813.
     
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    Fairport NY, 14450