148 & 153 Wallingford Road Durham, CT $ 4,100,000
148 & 153 Wallingford Road
$ 4,100,000
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148 & 153 Wallingford Road

Durham, CT, 06422
$ 4,100,000
Baths0.0

Monthly Estimate*

$ 27,250

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Studio

Lots and Land for sale in Durham, CT

for $4,100,000. The lot size is 414.5.

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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Lots and Land Active

Price

$ 4,100,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Agricultural Land

Lot Size

414.5

Town/City

Durham

MLS | Web ID

24015202

Features
General
Zoning FR
County Middlesex
Property SubType Agricultural Land
Tax Year July 2023-June 2024
Location Suburban
Property Type Lots and Land For Sale
Status Active
Acres 414.5
Directions Main Street to West on Route 68 / Wallingford Road
City Durham
Street Name Wallingford
DOM 19
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Exterior
Water Source Private Well Shared Well
Lot Improvements House(S) Barn(S) Horse Stable Garage(S) Shed
Lot Description Some Wetlands Farm Land Rolling
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Interior
Utilities Available Cable Available Electric Telephone
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* Excluded Features
List By
Gary Dobratz

Listing Agent

Century 21 Allpoints Realty

Broker

gdob106685@aol.com

Email

Affordability Calculator

$27,250
Per Month
100%
0%
0%
Monthly Principal & Interest
$27,250
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
899581 Elementary School
895635 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2024$4,100,000 Listed Price

Map


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148 & 153 Wallingford Road, Durham, CT, 06422 is a Lots and Land for sale at $4,100,000 with a lot size of 414.5. 148 & 153 Wallingford Road is a studio with 0.0 baths. The property's zip code is 06422 which is in Durham, CT