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242 Marshall Lane

Derby, Connecticut 06418

PENDING$369,900
Beds
3
Baths
1
SqFt
960
Acres
0.24
Year Built
1956
Matt Caiola

Matt Caiola

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MCMATT CAIOLALUXURY PROPERTIES
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1-Car Garage

About This Home

Welcome to 242 Marshall Lane! This charming 3-bedroom, 1-bath home offers a spacious living room and great potential for additional finished space in the basement. Situated on a .24-acre lot, the property features a 1-car garage, a private rear deck, and the convenience of public water and public sewer. Additional highlights include a newer furnace and electric hot water heater. Located in a desirable hilltop area close to shopping, restaurants, parks, and major highways, this home is a wonderful opportunity with room to make it your own. Make your appointment today!

Key Facts

City/Town
Derby
Neighborhood
Hilltop
Property / Style
Single Family · Ranch
Year Built
1956
Days on Market
62 days
Beds
3
Baths
1 full
Living Area
960 sq ft
Lot Size
0.24 acres
Garage / Parking
1 garage
Property Taxes
$5,153 / Annually

Market Snapshot

The Derby Market

Single Family · trailing 12 months

Median Days on Market

17

8 active listings

Median $ / Sq Ft

$265

8 active listings

Sale-to-List Ratio

101.2%

61 sales

How this home compares

List Price

$369,900

vs $382,500 median

In line with median

Price / Sq Ft

$385

vs $265 median

45.3% above median

Days on Market

62 days

vs 17 days median

45 days longer than median

Based on 8 active and 61 closed sales (trailing 12 mo) of single family in Derby. Source: SmartMLS · As of July 28, 2026.

Location

242 Marshall Lane, Derby, Connecticut

Property + 12 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$2,438

per month

  • Principal & Interest$1,886
  • Property Taxes$429
  • Insurance$123
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Derby
Neighborhood
Hilltop
County
New Haven

Residence

Property Type
Single Family
Style
Ranch
Year Built
1956
New Construction
No/Resale
Living Area
960 sq ft

Schools

Elementary
Per Board of Ed
Middle
Per Board of Ed
High
Derby

Interior

Heating
Hot Air
Heat Fuel
Oil
Cooling
None
Laundry
Lower Level
Appliances
Oven/RangeMicrowaveRefrigeratorDishwasher
Basement
FullUnfinished

Exterior & Lot

Lot Size
0.24 acres
Zoning
R-4
Garage / Parking
1 garage spaceUnder House Garage
Waterfront Details
Not Applicable
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Construction
Vinyl Siding
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Sloping Lot

Listing & Financials

Property Taxes
$5,153 / Annually
Days on Market
62
MLS #
24178462
MLS Status
Under Contract - Continue to Show

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Marissa Papa

(203) 331-7043

Preston Gray Real Estate

(475) 269-5100

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided 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 or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 6:10 AM UTC.