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Springfield 05156
56 Derby Court
Listed by: Gale Alger, Alger Real Estate Agency, Selling Office: Keller Williams Realty Metro-Keene, Listing Courtesy of Prime MLS
$195,000
● House - Off Market

56 Derby Court

Springfield, VT 05156
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,419 Ft²
$860
Est. Monthly

About This Property

This charming old-style home, built in 1888, features three bedrooms with one and three-quarter bathrooms, handsomely finished pine floors, vinyl siding and a separate two-car garage. All of this is within easy walking distance to shopping and restaurants.
Unit Size
1,419 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1888

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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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 #4992309)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 27, 2024 In contract -
In contract
Apr 22, 2024 Listed by Alger Real Estate Agency $175,000
Listed by Alger Real Estate Agency

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1888
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 821
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,419
  • Gross Building Area: 2,527
  • Building Area: 1,419
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,419
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: LAND AND DWELLING

Neighborhood

  • School District Name: Springfield School District
  • Census Tract: 966700

Geography

  • Parcel: (190) 027/2/63
  • Municipality: SPRINGFIELD
  • Latitude: 43.2958
  • Longitude: -72.4749

    Address

  • Full Address: 56 Derby Ct
  • Address - House Number: 56
  • Address - Street Name: Derby
  • Address - Suffix Type: Ct
  • State: VT
  • City Name: Springfield
  • Carrier Code: C003
  • 4-Digit Zip Code: 3505
  • Zip Code: 05156

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $55,599
  • Tax Rate Code Area: 190

    Appraisal Valuation

  • Standard Deviation: 0.2014
  • Valuation Date: Apr 26, 2023
  • Confidence Score: 59
  • Final Value: 155,021
  • High Value: 186,255
  • Low Value: 123,786

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $132,000
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $110,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 23, 2016
  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201609247575979027
  • Previous Sale Recording Date: Jun 21, 2010
  • Previous Sale Contract Date: May 28, 2010
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Springfield

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$92

Below Asking

0.04%

Average Days on Market

89

Average Home Size

3838 ft²

Average Home Age

102.6 years

Currently For Sale

7 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Gale Alger, Alger Real Estate Agency
Last Updated Date: 2024-06-03
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4992309
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.

Frequently Asked Questions

When was property at 56 Derby Court built and last sold?
The property at 56 Derby Court was built in 1888 and last sold on Sep 23, 2016 for $84,000.
How much is this home worth?
The estimated value of the home located at 56 Derby Court is $0.
What are some comparable homes to 56 Derby Court?
There are currently no comparable homes to 56 Derby Court.
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