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Andrew Davis

Durham CT Real Estate & Land for Sale

1 Properties Found

The median home value in Durham, CT is $389,900. This is higher than the county median home value of $299,950. The national median home value is $308,980. The average price of homes sold in Durham, CT is $389,900. Approximately 89% of Durham homes are owned, compared to 8% rented, while 3% are vacant. Durham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Durham real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
24015202
Type:
Land
Lot size:
414.5 Acres
Courtesy: Gary Dobratz - Century 21 AllPoints Realty Gary Dobratz
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The Greenbacker Brookfield is one of the largest farms now on the Connecticut market with over 400 acres. It has been in operation for over 100 years and is ready now for a new multi-generation family to take the reins or for a progressive investor. There is ample accommodation with 7 houses that have 29 bedrooms for the family to share. (The average size farm in CT is approximately 80 acres). The current owners are using 4 houses and renting 3 other homes. The investor agriculture buyer may also generate rental income from the farm's other rental property; 1. a Two story 35x50 horse barn, 2.a 35x80 stable with 1.5 story horse stalls. 3 a. Barn with double row stalls and indoor riding arena, 4. a 4-bay garage, 5. Dairy barn, and Chicken coops, etc.. These items may also be considered depreciable property (see your tax advisor). Other sources of income from the farm would include renting land for; 1, growing crops (92 acres of cropland leased, currently), 2, Durham Fair parking. 3, pastureland (20 acres of pasture leased, currently), 4, hunt club (land leased currently), 5, equestrian rental (stable & indoor/outdoor riding, currently leased) and for dairy farming. Potential income may come from establishing a farm stand, growing grapes/ winery, Christmas tree sales, blue berries, and more. The State of Connecticut Conservation Restriction requires this property to be 'agriculture in nature' according to development rights the state acquired approximately 70 years ag

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This Information is from Smart MLS and has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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