Listed by: Tara Cote, Jim Campbell Real Estate, Selling Office: Jim Campbell Real Estate, Listing Courtesy of Prime MLS
$515,000
●
House -
Off Market
2040 Nelson Hill Road
Derby, VT 05829
4 Beds
1 Bath
2,924 Ft²
$510,089
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Meticulously maintained Contemporary-style home on 10 acres in a
desirable Derby location. This home offers three floors of finished
living area complete with four bedrooms, three baths, an open
kitchen/dining/den area and separate spacious living room. Enjoy
mountain views from your 20x40 in-ground pool and covered patio
area. Perfect home for entertaining all of your friends and family.
Efficient on-demand hot water tank, propane furnace and multiple
mini-splits to keep you cool in the summer months. Same owner for
many decades, which makes pride of ownership evident all throughout
the home. Serviced by a drilled well and on-site septic. Two
detached garages (one is heated) for all of your vehicles and toys.
Unit Size
2,924 Ft²
Days on Market
-
Land Size
10.00 acres
Price per sqft
$169
Property Type
House
Property Taxes
$437
HOA Dues
-
Year Built
1978
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Prime MLS #4944665)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2023 | Listed by Jim Campbell Real Estate | $495,000 | |
| Listed by Jim Campbell Real Estate | |||
| Oct 10, 2022 | No longer available | - | |
| No longer available | |||
| Aug 3, 2022 | Price Decreased |
$525,000
↓ $60K
(10.3%) | |
| Price Decreased | |||
| Jun 7, 2022 | Price Decreased |
$585,000
↓ $54K
(8.4%) | |
| Price Decreased | |||
| Apr 8, 2022 | Listed by Conley Country Real Estate & Insurance | $638,500 | |
| Listed by Conley Country Real Estate & Insurance | |||
| | |||
|
Perfect Derby country location on a quiet paved road. 2 miles to town. 20 x 40 in-ground heated swimming pool. 2 detached garages. One is heated. Very spacious tri-level home with first floor office. Large living room. Spacious kitchen with large eating area opening into a den with gas stove. Great sleeping area for kids or guests on the lower level with outside entrance to pool and 3/4 bath. Clean clean clean home!!! 2 large bedrooms and large hall on the top level. Great mountain views. House and 10 acres for $555,000 The manager has listed the unit size as 2924 square feet.
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Listed by: Tara Cote, Jim Campbell Real Estate
Last Updated Date: 2023-07-17
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4944665
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated Date: 2023-07-17
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4944665
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