Listed by: Ryan Pronto, Jim Campbell Real Estate, Selling Office: Sanville Real Estate, LLC, Listing Courtesy of Prime MLS
$77,400
●
House -
Off Market
480 Elm Street
Derby, VT 05830
3 Beds
1 Bath
1,440 Ft²
$127,002
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model
About This Property
Fixer-upper New England style home with 3 bedrooms, 1 bath,
hardwood floors and natural woodwork throughout. This home is very
solidly built, has a great foundation, updated
furnace/electrical/hot water heater and the bathroom has been
renovated not too many years ago. Overall the home is in need of
TLC to include some new windows, exterior paint, a roof in the near
future, some sheetrock replacement and interior cosmetics. There is
a 24'x24' detached garage/barn with plenty of area to park a
vehicle, workshop space and additional storage on the second level.
All of this situated on an oversized 0.55 acre level lot with a
huge yard for children, pets and gardening. Walking distance to
Baxter Park and Derby Elementary. Aggressively priced, being sold
in as-is condition.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.55 acres
Price per sqft
$55
Property Type
House
Property Taxes
$159
HOA Dues
-
Year Built
1900
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Cap Rate
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 #4661418)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2022 | Listed by RE/MAX All Seasons Realty | $209,000 | |
| Listed by RE/MAX All Seasons Realty | |||
| | |||
|
This is a must see, completely refurbished village home in Derby Line, VT. The owners have gone thru this home. They have refinished all the walls, all the beautiful hardwood floors, new electrical and plumbing where needed! Both kitchen, with new S/S appliances and bathroom are new. All but 2 of the windows are new replacement windows. The Carriage Barn is a big bonus with room for most of your toys and 1 car. This house shows well and is ready for a new family. The house and barn have new roofs and the house has been recently painted
| |||
| Oct 27, 2017 | Sold | ||
| Sold | |||
| Sep 28, 2017 | Listed by Jim Campbell Real Estate | $79,900 | |
| Listed by Jim Campbell Real Estate | |||
Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Orleans
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Listed by: Ryan Pronto, Jim Campbell Real Estate
Last Updated Date: 2020-04-10
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4661418
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: 2020-04-10
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4661418
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