$749900 Price Analysis L 13 2 Friends Lake RdChestertown, NY 12817 Unknown bed 0 bath unknown SqFt ($0/SqFt) 337.0 acre lot. Listed 2023-10-24 | Ⓧ USDA Ineligible due to property near Chestertown |
2, 200 feet of frontage along the Upper Hudson River, a wild, whitewater backcountry river and immediate access to nearly 1, 600 acres of State Forest Preserve, the Hudson River Woods and Wildwater property is the ''complete package'' of Adirondack property. With over 4, 500 feet of road frontage (with electric) on Friends Lake Road, it's an ideal location for a camp, second home or subdivision.
The property is under the Fisher 480 forest tax law, which provides a handsome reduction in taxes, while being less burdensome than its 480a tax law successor. Fisher 480 carries a low administrative burden. The requirement is that the landowner pay a 6% severance tx on the timber stumpage yield. Only ~ 187 acres of the 337 is under 480.
Presented by John O'donnell at
TIMBERLAND REALTY.
Property MLS #202327073 from GlobalMLS
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.