GRAFTON FOREST

A Capital Region woodlot with well-stocked timber, recreational opportunities and weekend cabin options, all near Grafton Lakes .

94 Tax Acres Grafton, Rensselaer County, NEW Price: $114,000 $89,000

Fountains Land, an F&W company, 1810 State Route 9 Suite 2 Lake George NY 12845 Contact: Todd Waldron ~ [email protected] ~ Off: 518.668.5880 ~ Cell: 518.926.8734 fountainsland.com LOCATION The 94-acre Grafton Forest, a classic recreational woodlot property located within 20 minutes of Albany’s Capital Region. The land is situated in the scenic town of Grafton, an historic community nestled within the county’s Rensselaer Highland Plateau region. This gently sloping, forested landscape stretches from the Hudson Valley in nearby Troy to the Taconic Mountains paralleling the New York-Vermont-Massachusetts border.

Grafton is a classic rural hamlet with a general store, fire department, post office and town hall. Grafton Lakes State Park is located within 2 miles of the property and hosts 13 lakes within its 2,000 acre footprint. This popular park offers swimming, boating, cross-country skiing and horseback riding options throughout the year.

Route 2, also known as the Mohawk Trail, connects the village of Grafton with regional communities such as Williamstown, MA (17 miles east) and Troy (12 miles west). Williamstown is a gateway to the Grafton is a classic recreational forest property within Berkshires and is home to Williams College as well arm’s reach of the Capital District. as a vibrant arts scene. The city of Troy is part of the Capital Region’s emerging nano-technology economic hub and is home to Rensselaer Grafton Forest offers a fine opportunity for Polytechnic Institute (RPI). Malta’s Nano Tech long term woodlot investment goals, outdoor Valley is a 45-minute drive to the north along the recreation, and future weekend home Adirondack Northway. New York City and Boston options. Good access, gentle topography are each 3 hours south and east, respectively. and close proximity to the Capital Region support all of these uses. ACCESS Access to the property is provided by 25 feet of road frontage which starts along South Road and runs toward the land for 800 feet to the main portion of the property. This access point is a well- established woods road with a packed gravel base that is easily drive-able during non-winter months for most vehicle types. Electric and phone services are available along South Road. Internal access consists of an intricate network of forestry trails that provide good ATV, snowmobile or hiking access throughout the land, and to a private cabin site envelope nestled squarely in the hardwoods.

Directions: From Troy, take Route 7 east for 4.5 miles to the intersection of Route 278. Take a right on Route 278 and travel 1.5 miles to the intersection of Route 2. Take a left on Route 2 and travel 7.5 miles to Grafton Village. From there, take a right on South Route and travel 1.6 miles. The property’s gated access road will be on the right. A woods road leading to the property from South Road can easily support driveway upgrades to a future camp

Fountains Land — Specializing in the sale of forestland and rural estates. ACCESS (continued) Boundary lines on the property are variable and consist of a mix of old red and orange-colored boundary paint, pink flagging, wire fence lines and stone piles. Maps in this report are based on tax map information. Tax map acreage is reported to be 94 acres. GIS acreage (based upon GPS points collected in the field corners) is 92.8 acres. Deed acreage is 81 acres. Buyers should not rely on the maps within this report to accurately portray deeded boundary lines in the field.

SITE DESCRIPTION Grafton Forest offers a fine opportunity for long term woodlot investment goals, outdoor recreation, or future weekend home options. Good access, gentle topography and close proximity to the Capital Region support all of these uses. Several potential off-grid building sites could be developed within a few hundred feet of the current Grafton offers scenic stone walls, private forests driveway terminus. Of notable interest is a private and nice cabin lot opportunities. hardwood stand situated in the heart of the land where soils are well drained and the terrain is very easy to navigate. This area has tall hardwood trees with much of the understory free of dense regeneration, providing excellent forest aesthetics and seclusion. This part of the property is easily accessible and offers seclusion and screened privacy.

Due to the land’s central location within the Rensselaer Plateau, elevations are highly consistent throughout the property and vary only slightly. Topography is mostly gentle to nearly flat, so the land affords easy recreational access for snowshoeing, hiking, hunting, ATV use or cross country skiing. Soils are well drained loamy types in the hardwood stands, with mixed drainage in the lower-lying softwoods found in the northwest quadrant of the property. A well-managed timber resource that can TAXES & TITLE provide firewood and periodic timber income. Annual property taxes in 2016-17 were $2,704. The property is NOT enrolled in New York State’s Real Property Tax Law 480-A, which could significantly reduce the annual tax burden by as much as 80%. For more information about the 480-A program, contact the Department of Environmental Conservation office located in Ray Brook, New York (518) 897-1283.

The property is owned by Zack Kembar and Meric Koskal- Kembar and is listed in the Rensselaer County Real Property Tax Service in Troy, New York as Town of Grafton tax map parcel #95.-1-24. Deed information can be found in the Rensselaer County Clerk’s Office in Troy, New York and filed in Deed Book 3801 page 201.

The forest is a classic northern hardwood type with maples, birches, and hemlocks.

Fountains Land — Specializing in the sale of forestland and rural estates. TIMBER The Grafton Forest offers a naturally diverse northern forest resource which can be managed for long term timber returns, wildlife habitat, or family homestead development and recreation. Nearly 100% of the land is forested, with less than an acre accounting for road surfaces and a small clearing. The forest is dominated by quality northern hardwoods, with primary species being the maples, black cherry and white ash. Hardwood stands are fully stocked and can support another harvest thinning over the next 5 years, focusing the residual growth on quality stems. Diameters are poles to small sawlogs with stem quality above average. This hardwood component represents future income potential and an excellent timber asset appreciation opportunity for the long term buyer.

Mixed evergreen and hardwood units occupy the northwestern third of the property. These stands are dominated by a mix of naturally growing red spruce, hemlock and red maple. These areas provide important winter food and thermal cover for resident wildlife and contribute significantly to the year round habitat quality for whitetail deer. Property wide, harvesting last occurred 15 years ago, with thinning recommended within the next 5 years. No timber The forest has not been harvested in the past decade inventory is available. and will be ready to thin in the next few years.

The Rensselaer Highlands Plateau is known to host a transient moose population along with popular big game species like whitetail deer and black bear.

Quality hardwood timber, easy topography, ready access, good wildlife habitat and multiple opportunities for use and enjoyment make this a wise investment.

Fountains Land is the exclusive broker representing the seller's interest in the marketing, negotiating and sale of this property. Fountains has an ethical and legal obligation to show honesty and fairness to the buyer. The buyer may retain brokers to represent their interests. All measurements are given as a guide, and no liability can be accepted for any errors arising therefrom. No responsibility is taken for any other error, omission, or misstatement in these particulars, nor do they constitute an offer or a contract. We do not make or give, whether in these particulars, during negotiations or otherwise, any representation or warranty in relation to the property.

Fountains Land — Specializing in the sale of forestland and rural estates. Locus Map Grafton Forest q 94 Tax Acres Grafton, Rensselaer County, NY P 87 89 S in p Adirondack ¨¦§ d e ¨¦§ i V R c a

Park e ll e e r y 93 d i R R d ¨¦§ s d d R e R d H v Fo d d 95 r a r R ll R o Grafton Forest d r ¨¦§ e t ville G Rd n l SYRACUSE ton ry Hil r e To o 7 90 91 p UV R N r Sim ¨¦§ ¨¦§ e mons ALBANY s a Rd ! e ^_ rvo C d 88 ir Rd ory r R d BOSTON ct Hollo d e R m K ¨¦§ ! a w y S R F esh k 90 90 cl to a r Ey w a n R ¨¦§ ! r u Pa d ¨¦§ K

ml m o l l hi SPRINGFIELD t

k d l ss a

Cuat R Hi z o t s ll Rd C HARTFORD! i ip 87 e ll H

i H

h ¨¦§ s o

F P x o ll

L o r L 84 95 o e d w d L n e R o ¨¦§ ¨¦§ A F eg u R E K e ll p R u Co d d in d n Fox Ra bit e e Hollow b R l g v Rd d m s R 80 NEW YORK Rd a n d A d ¨¦§ ! efe n re L S Ke i d R F R B L S e h t t t t ac a e f e B u n f t L i t r og d o u Wo R T ods d n p R

R D e k a r d Ol d d L R S k c c a Cooksb Ed r i o oro Rd F J dy a e c k b l o Rd m o h a R a B w n T d R B roc er d k R e S w d r n To e R y ir d d F P d e o r R d tte R r e R H d t R d i M a d e ickel H l il n l l Rd v d i o R R J s R r d P o P ey r o d P t s ln L e g h n O o S t n d c e s o H k H l o L a R n i ff ro gb tu l d L ee F N l R S w d P s R i o t d r ll R d n C i d u amel H C R

d Y d d C Old R e R r r n a t o n o n s d l T 2 a u R UV a J l B c l d o a S R y y n i c a H c d D r a L i W u a v k n k r e e e d e s h n l B R R d l lu a R i R d r R t h e d m D it S ut F d o M a R e w c k e to d a H ry L 351 H S ic T o UV ill Lo oad P i y n R ng d R n t a Route 85 Pon o d County d c R d W a W T i H i it e C p e g l a m n i d c e W s R k d Pon r en d t n M R yk d e d D R R L n e a e d G a n d a k d o r onna L o d P n o d R o R D R y d de ne P ll d a arsty e R te e rn n d r D e H u k B ill Six R y R Joy d y d D Hi d L ift llto n R p d r F Rd R D lo d w a d y llo te y R a R o r r H o N n e H t G e o c l i rth i r a l a R d Legend te d l o g t R r R F a f d w i N e S o e l e ol l L d u C l H n R B Grafton Forest e d o re d w G r R J Hin y kle e S i D R e l d Interstate s e l p M t d R S o k a n r n R i i C la n t l P d S F US Highway t Secondary Highway 22 D Maintained PUVublic Road u tc h C Town Boundary h u r O c a h Public Lands k R H d ill Rd Conserved Lands d s Rd nn R erma

y B 0 0.5 1 2 Miles L Sources: Esri, USGS, NOAA Grafton Forest 94 Tax Acres q Grafton, Rensselaer County, NY

Sn 5 y 8 d e e r t R u d o R

y t n u o C

Legend Grafton Forest Maintained Public Road S Long Pond Rd 400 200 0 400 This is Not A Survey Copyright:© 2013 National GeographiFce eSt ociety, i-cubed

Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field. Grafton Forest 94 Tax Acres q Grafton, Rensselaer County, NY

S n y d e r R d

5 8

e t u o R

y t n u o C

Legend Grafton Forest Maintained Public Road

400 200 0 400 This is Not A Survey Feet

Map produced from the best available information including town tax maps, hand held GPS data, aerial photography and reference information obtained from publicly available GIS sources, and the owner. Boundary lines portrayed on this map are approximate and could be different than the actual location of boundaries found in the field.

New York State DEPARTMENT OF STATE Division of Licensing Services Customer Service: (518) 474-4429 P.O. Box 22001 Fax: (518) 473-6648 Albany, NY 12201-2001 Web site: www.dos.state.ny.us

New York State Disclosure Form for Buyer and Seller

THIS IS NOT A CONTRACT by negotiating the purchase of a home at a price and on New York State law requires real estate licensees who terms acceptable to the buyer. A buyer’s agent has, without are acting as agents of buyers and sellers of property to limitation, the following fiduciary duties to the buyer: advise the potential buyers and sellers with whom they reasonable care, undivided loyalty, confidentiality, full work of the nature of their agency relationship and the disclosure, obedience and duty to account. A buyer’s agent rights and obligations it creates. This disclosure will help does not represent the interest of the seller. The obligations you to make informed choices about your relationship with of a buyer’s agent are also subject to any specific provisions the real estate broker and its sales associates. set forth in an agreement between the agent and the buyer. Throughout the transaction you may receive more than In dealings with the seller, a buyer’s agent should (a) exer- one disclosure form. The law requires each agent assisting cise reasonable skill and care in performance of the agent’s in the transaction to present you with this disclosure form. A real estate agent is a person qualified to advise about duties; (b) deal honestly, fairly and in good faith; and (c) real estate. disclose all facts known to the agent materially affecting the If you need legal, tax or other advice, consult with a buyer’s ability and/or willingness to perform a contract to professional in that field. acquire seller’s property that are not inconsistent with the agent’s fiduciary duties to the buyer. Disclosure Regarding Real Estate Agency Relationships Broker’s Agents A broker’s agent is an agent that cooperates or is engaged Seller’s Agent by a listing agent or a buyer’s agent (but does not work for A seller’s agent is an agent who is engaged by a seller to the same firm as the listing agent or buyer’s agent) to assist represent the seller’s interest. The seller’s agent does this by the listing agent or buyer’s agent in locating a property to securing a buyer for the seller’s home at a price and on sell or buy, respectively, for the listing agent’s seller or the terms acceptable to the seller. A seller’s agent has, without buyer agent’s buyer. The broker’s agent does not have a limitation, the following fiduciary duties to the seller: direct relationship with the buyer or seller and the buyer or reasonable care, undivided loyalty, confidentiality, full seller can not provide instructions or direction directly to the disclosure, obedience and duty to account. A seller’s agent broker’s agent. The buyer and the seller therefore do not does not represent the interests of the buyer. The obligations have vicarious liability for the acts of the broker’s agent. of a seller’s agent are also subject to any specific provisions The listing agent or buyer’s agent do provide direction and set forth in an agreement between the agent and the seller. instruction to the broker’s agent and therefore the listing In dealings with the buyer, a seller’s agent should (a) exer- agent or buyer’s agent will have liability for the acts of the cise reasonable skill and care in performance of the agent’s broker’s agent. duties; (b) deal honestly, fairly and in good faith; and (c) disclose all facts known to the agent materially affecting the Dual Agent value or desirability of property, except as otherwise pro- A real estate broker may represent both the buyer and seller vided by law. if both the buyer and seller give their informed consent in writing. In such a dual agency situation, the agent will not Buyer’s Agent be able to provide the full range of fiduciary duties to the A buyer’s agent is an agent who is engaged by a buyer to buyer and seller. The obligations of an agent are also subject represent the buyer’s interest. The buyer’s agent does this to any specific provisions set forth in an agreement between

DOS 1736 (Rev. 3/08) the agent, and the buyer and seller. An agent acting as a dual estate. A sales agent works under the supervision of the real agent must explain carefully to both the buyer and seller estate broker. With the informed consent of the buyer and that the agent is acting for the other party as well. The agent the seller in writing, the designated sales agent for the buyer should also explain the possible effects of dual representa- will function as the buyer’s agent representing the interests tion, including that by consenting to the dual agency rela- of and advocating on behalf of the buyer and the designated tionship the buyer and seller are giving up their right to sales agent for the seller will function as the seller’s agent undivided loyalty. A buyer or seller should carefully con- representing the interests of and advocating on behalf of the sider the possible consequences of a dual agency relation- seller in the negotiations between the buyer and seller. A ship before agreeing to such representation. designated sales agent cannot provide the full range of fiduciary duties to the buyer or seller. The designated sales Dual Agent with Designated Sales Agents agent must explain that like the dual agent under whose If the buyer and seller provide their informed consent in supervision they function, they cannot provide undivided writing, the principals and the real estate broker who repre- loyalty. A buyer or seller should carefully consider the sents both parties as a dual agent may designate a sales possible consequences of a dual agency relationship with agent to represent the buyer and another sales agent to designated sales agents before agreeing to such representa- represent the seller to negotiate the purchase and sale of real tion.

This form was provided to me by Todd Waldron (print name of licensee) of Fountains Land (print name of company, firm or brokerage), a licensed real estate broker acting in the interest of the:

(X ) Seller as a (check relationship below) ( ) Buyer as a (check relationship below)

(X ) Seller’s agent ( ) Buyer’s agent

( ) Broker’s agent ( ) Broker’s agent

( ) Dual agent

( ) Dual agent with designated sales agent

If dual agent with designated sales agents is checked: is appointed to represent the buyer; and is appointed to represent the seller in this transaction.

I/We acknowledge receipt of a copy of this disclosure form: signature of { } Buyer(s) and/or { } Seller(s):

Date: Date:

DOS 1736 (Rev. 3/08)