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    Agricultural Estate with Large Barn Title is generated by Realmo AI

    11600 Chambers Road, Beaver Dams, NY 14812

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    For Sale
    $1,000,000

    Farm/Estate, Cape - Beaver Dams, NY

    Type:Farm
    Property size:
    2,700 SF
    Lot size:
    131.47 Acres
    Price / SF:
    $370/SF
    Added:
    Oct 27, 2021
    Days on Market:
    1682
    Last Refresh:
    Jun 4 at 4:06 am

    Property Features for 11600 Chambers Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Living Room
    Parking features
    Garage, Garage - Attached
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer
    Standard status
    Active
    APN
    229.00-01-003.111
    Size
    2,700 SF
    Lot size
    131.47 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    12586

    Utilities

    Heating system
    Baseboard, Oil, Radiant

    Building Details

    Year built
    1999
    Year renovated
    1999
    Floors in Building
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Stone, Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Donald Dwyer
    Donald Dwyer

    Listing agent Donald Dwyer

    Listing office HOWARD HANNA RAND REALTY 660 COLUMBUS AVE, WESTCHESTER, NY

    Listing date Oct 27, 2021

    MLS# 11032848 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 2,700 sq ft home built in 1999 with hardwood and tile flooring
    • 20,000 sq ft barn plus a 2,800 sq ft machine shop for storage and operations
    • 132 acres with open fields, fenced paddocks, and a large wooded section
    • Recent updates include a new metal roof and new gutters
    • Attached garage and wrap‑around porch; basement included
    • Heating includes oil baseboard and radiant heat; appliances include dishwasher, washer, dryer, and refrigerator

    Overview

    This 131.47-acre agricultural estate is set up for both living and operations, with an immaculate 2,700 sq ft home and a massive 20,000 sq ft barn. A 2,800 sq ft machine shop supports on-site work, and recent improvements include a new metal roof and new gutters. The land includes open fields, fenced paddocks, and a large wooded section, giving flexibility for recreation, livestock, and seasonal use. A wrap-around porch and sweeping views from the property add a comfortable daily living element.

    The property is located in Beaver Dams, NY within Steuben County, with proximity to Corning and Watkins Glen for access to dining, shopping, entertainment, and tourism activity. In addition, NY State land borders the rear of the property, expanding the area to explore beyond the surveyed acreage. The combination of open ground, wooded acreage, and paddocks supports a variety of outdoor-focused uses.

    With substantial outbuildings and multiple types of acreage, the estate may fit buyers seeking a working farm setup or an owner-operated facility that can support equipment storage, agricultural activities, or boarding-style operations where paddocks are already in place. The presence of a large barn and dedicated machine shop also supports maintenance and storage needs on site, while the home and porch provide space for full-time residence alongside business use.
    Property Profile Location Intelligence

    Current Use by Public Records

    R&W Fence Company General Contractor

    Suggested Use

    Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaver Dams
    County
    Schuyler
    State
    New York
    Longitude
    -76.995617
    Latitude
    42.257326

    FAQs

    What type of property is this?
    Farm - 131.47-acre estate with a 2,700 sq ft home, 20,000 sq ft barn, fenced paddocks, and a 2,800 sq ft machine shop.
    Where is this farm located?
    The property is located at 11600 Chambers Road Beaver Dams, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: 2,700 sq ft home built in 1999 with hardwood and tile flooring; 20,000 sq ft barn plus a 2,800 sq ft machine shop for storage and operations; 132 acres with open fields, fenced paddocks, and a large wooded section
    (914) 769-3584
    We can help!
    Listing Contact
    Donald Dwyer
    Donald Dwyer
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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