Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    L17 Birchwood Drive Windham, NY 12496

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $59,000

    Two wooded parcels totaling 14.9 acres in Windham, NY.

    Type:Land or Vacant Lot
    Lot size:
    14.90 Acres
    Added:
    Oct 2, 2024
    Days on Market:
    548
    Last Refresh:
    Mar 26 at 2:22 am

    Property Features for L17 Birchwood Drive

    General Information

    Standard status
    Active
    Lot size
    14.90 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    BRIAN A BROSEN

    Listing agent BRIAN A BROSEN

    Listing office EXP REALTY

    Listing date Oct 2, 2024

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY

    Overview

    14.9 Acres Wooded Land Parcels

    This property features 14.9 acres of wooded land, offering privacy in a desirable location. The land consists of two separate parcels being sold together. The land is unimproved, without existing well or septic systems. Situated on a road with limited residences, the location provides a natural and private setting. Boundary information is limited, as the land is owned by a trust.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Hotel & Motel Bed & Breakfast Pet Grooming Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Windham
    County
    Greene
    State
    New York
    Longitude
    -74.2674
    Latitude
    42.3335

    Nearby Similar for Sale

    • $2,500,000
      10,994 SF

      Profitable Restaurant & Steakhouse Investment

      Turnkey restaurant with multiple income streams in the Catskills.
      5658 Route 23 unit: 1, 2 & 3, Windham, NY 12496
      View Details
    • $459,000

      Windham Mountain Homesite Opportunity

      Build your dream getaway near Windham Mountain ski trails.
      Club Road, Windham, NY 12496
      View Details
    • $690,000
      2,500 SF

      Mixed-Use Building in Windham, NY

      Legal four-family mixed-use building in the heart of Windham.
      5355 Route 23, Windham, NY 12496
      View Details
    • $1,450,000
      4,284 SF

      Windham Multi-Family Home with Guest House

      Contemporary multi-family property with guest house and mountain views.
      93 & 99 Nauvoo Road, Windham, NY 12496
      View Details
    • $234,500

      Land in North Ridge Estates

      2.3-acre building lot in exclusive North Ridge Estates.
      North Ridge Extension, Windham, NY 12496
      View Details
    • $199,000

      Land with Utilities in Windham, NY

      5.7 acres with utilities, ready for your dream home.
      611 Mitchell Hollow Road, Windham, NY 12496
      View Details
    • $750,000

      Windham Mountain Ski-On/Ski-Off Land

      Rare 0.58-acre ski-on/ski-off lot at Windham Mountain Club.
      247 Club Road, Windham, NY 12496
      View Details
    • $300,000

      Approved Residential Lot with Views

      Shovel-ready 7.5-acre residential lot near Windham Mountain.
      1 Galway Road, Windham, NY 12496
      View Details
    • $300,000

      Approved Residential Lot with Views

      Shovel-ready 6.54 acre lot near Windham Mountain.
      3 Galway Road, Windham, NY 12496
      View Details
    • $2,200,000

      Mountain Sanctuary with Hunting Cabin

      160 acres of wilderness with off-grid cabin near Long Path.
      393 B G Partridge Rd, Windham, NY 12496
      View Details
    • $89,000

      Land Near Windham Mountain Resort

      3.7-acre parcel near Windham Mountain Resort, ideal for custom home.
      Larsen Dr, Windham, NY 12496
      View Details
    • $399,000

      Windham Mountain Club Building Lot

      Premier lot ready for a dream home at Windham Mountain.
      2 Twin Maples Lane, Windham, NY 12496
      View Details

    FAQs

    What type of property is this?
    Land - Two wooded parcels totaling 14.9 acres in Windham, NY.
    Where is this land located?
    The property is located at L17 Birchwood Drive Windham, NY.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: 14.9 acres of wooded land offering significant privacy.; Fantastic location.; Composed of two separate parcels being sold together.
    (888) 276-0630
    We can help!
    Listing Contact
    BRIAN A BROSEN
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!