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Derby Line 05830
724 Main Street
Listed by: Russell Ingalls, RE/MAX All Seasons Realty - Lyndonville, Selling Office: Century 21 Farm & Forest, Listing Courtesy of Prime MLS
$145,000
● House - Off Market

724 Main Street

Derby, VT 05830
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,914 Ft²
$167,074
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

In Derbyline you will find this 4 bedroom home with 3 baths including an In-Law apartment. The home is in need of updating. It is completely livable but dated. The furnace is modern along with the wiring. The town location makes it convenient to all needed services to live. The lot backs up to farmland and features a very private back yard. This is an estate so institutional knowledge is limited. It will not finance using FHA, VA, RD or financing like that but should be no problem with a 20% down conventional financing and of course cash.
Unit Size
1,914 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$84
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
1950

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 #4916978)

Price History

Date / Event Date Event Price
Feb 16, 2023 Sold
Premium
Sold
Jun 22, 2022 Listed by RE/MAX All Seasons Realty - Lyndonville $159,900
Listed by RE/MAX All Seasons Realty - Lyndonville

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 20
  • Floor Count: 200
  • Living Units: 2
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 760
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,082
  • Gross Building Area: 3,216
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1101
  • County Land Use Code: 104
  • Legal Description 1: HOUSE GAR & LOT

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 951200

Geography

  • Parcel: (056) MSTDL065B6L
  • Municipality: DERBY
  • Latitude: 44.9965
  • Longitude: -72.106

    Address

  • Full Address: 724 Main St
  • Address - House Number: 724
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: VT
  • City Name: Derby Line
  • Zip Code: 05830

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $205,400
  • Tax Rate Code Area: 056

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $106,100
  • Assessed Land Value: $30,200
  • Assessed Improvements Value: $75,900

    Sales

  • Current Sale Contract Date: Feb 16, 2023
  • Current Sale Recording Date: Feb 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: DK 582742336
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 Derby Line

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$118

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2845 ft²

Average Home Age

93.7 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

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Prime

Listed by: Russell Ingalls, RE/MAX All Seasons Realty - Lyndonville
Last Updated Date: 2023-02-16
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4916978
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 724 Main Street built and last sold?
The property at 724 Main Street was built in 1950 and last sold on Feb 16, 2023 for $145,000.
How much is this home worth?
The estimated value of the home located at 724 Main Street is $0.
What are some comparable homes to 724 Main Street?
There are currently no comparable homes to 724 Main Street.
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