Residential Income
For Sale
$750,000
432-434 E Derry Rd, Hershey, PA 17033
Central air and natural-gas forced-air heating serve this residential property.
Property Size3,867 SF
Price / SF$215.52
Days on Market111
Property Features for 432-434 E Derry Rd
General Information
Standard status
Active
Size
3,867 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$3,771
Amenities
Central Air
Forced Air, Natural Gas
Full
Electric Water Heater
Golf Course
On Street, Detached
Traditional
Building Details
Building Size
3,867 SF
Year Built
1930
Stories
3
Listed By:
Vuthy Taing
(717) 803-8888
Source:
Evrealestate
Added: Jul 5
Changed: Oct 23
Last Checked: Oct 23 at 4:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vuthy Taing
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property contains 3,480 square feet and was built in 1930. Interior features include central air, forced-air heating powered by natural gas, and an electric water heater. The property is zoned residential.
Key Highlights
- 3,480 square feet of property size
- Built in 1930
- Central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,681
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,620
$553.6K
Cap Rate 7%
$395,443
$395.4K
Cap Rate 9%
$307,567
$307.6K
Market Conditions
NOI Build-Up for 3,480 SF
Gross rent
$54.7K $15.72/SF
− Vacancy
−$4.4K −$1.26/SF
EGI
$50.3K $14.46/SF
− OpEx
−$22.6K −$6.51/SF
NOI
$27.7K $7.95/SF
Area
Dauphin County, PA
Vacancy
8.00%
Lease Rate
$15.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,620
Cap Rate 7%
$395,443
Cap Rate 9%
$307,567
Alternative Uses
Best Use
Apartment 5plus
$395.4K
$346.0K – $461.4K
NOI $27,681 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.41M
$5.61M – $7.48M
NOI $448,659 @ 7.0% cap · market cap 59.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 17033, PA
16,414
Population
6,733
Households
2.4
Avg Household Size
40
Median Age
46%
College-Educated
90%
High-School Grad
27.4 sq mi
ZIP Area
599
Density / Sq Mi
$75,093
Median Household Income
$49,389
Median Earnings
$1,311
Median Rent
$340,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Central air and natural-gas forced-air heating serve this residential property.
Where is this residential income property located?
The property is located at 432-434 E Derry Rd Hershey, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,480 square feet of property size; Built in 1930; Central air conditioning
