Sold March 2008 Great Hobby Farm With Low Tax Rate, Hardwood Bush, Fast Sale Price!!

Vinyl near Waterford

$378,000

Open fields with wooded backdrops

ID#: 2225

Waterford

• 3 Bedrooms
• 1 Full Bath, 1 Half Bath
• 1440 Square Feet
• 1067 Square Foot Foundation
• asphalt Roof
  
• Gas Heat
• Well Water Supply
• 80 Acres
• 07 Taxes: $2,197

CONDITIONAL OFFER ACCEPTED TO FEB 11TH 2008!

1974 well kept 3 bedroom one-story raised ranch style bungalow with Cape Cod influence, great yard and rural setting.

60 acres workable sand/clay loam, good natural drainage, easy location with quick access to all local towns and minutes directly south of Brantford. Updated well pump, roof, pool filter, liner.

Sun room adjacent to Inground pool and all accessories, lovely treed yard and landscaping .

60 acres workable and with built-in land lease for the non farmer provides for $6000 income for 2008.

Income from land ($6000K per annum ) at an expected rate of return of 5% has a value of $120K.

Imagine buying a truly pretty 80 acres with a 30+ year old Cape Cod style home for real net value of only $258,000.00 (i.e. Price 378k - 120k (land rental value as a long term asset) = $258k)

Ample paved County road frontage as well as paved secondary road frontage.

Waterford and area school services. Sun coast of Norfolk County.  

20 minutes to Port Dover and Lake Erie Beaches.  

Great sites to add a barn/shop and more, 2nd and 3rd driveway already installed on 2 roads.

Taxes are only $2197.00 for 2007.

View to buy immediately! 

No comparison to value!