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Rockingham 03038
1 Drake Lane
Listed by: Paul Marino, WWW.FLATFEEMLS4FREE.COM, Selling Office: Keller Williams Gateway Realty/Salem, Listing Courtesy of Prime MLS
$249,900
● House - Off Market

1 Drake Lane

Derry, NH 03038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,830 Ft²
$443,282
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

What a BEAUTIFUL home, LOCATED IN A QUIET, SUBDIVISION setting. Come tour this classic Colonial style home, offering 3 bedrooms, 1 1/2 baths, 1700+/sf of living space, and a 2 car garage. Home boasts a large living room, formal dining room, kitchen island with breakfast area, rear deck, fireplace, central air conditioning, and central vacuum system. All this, in addition to being situated on a nicely landscaped, 1.4 acre wooded corner lot that includes two seasonal brooks (one with waterfall). PUT IN YOUR SHOWING REQUEST TODAY to tour this exceptionally well maintained home!
Unit Size
1,830 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$137
Property Type
House
Property Taxes
$670
HOA Dues
-
Year Built
1998

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #4423778)

Price History

Date / Event Date Event Price
Oct 16, 2015 Sold
Premium
Sold
May 21, 2015 Listed by WWW.FLATFEEMLS4FREE.COM $249,900
Listed by WWW.FLATFEEMLS4FREE.COM
Aug 17, 1998 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 272
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 61,420
  • Total Building Area: 1,720
  • Gross Building Area: 2,768
  • Building Area: 1,720
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,720
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001410
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Derry School District
  • School Tax School District: DERRY COOP
  • Census Tract: 003602

Zoning

  • Zoning: LDR

Geography

  • Parcel: DERY M:7 B:2
  • Block: 2
  • Municipality: DERRY
  • Latitude: 42.8717
  • Longitude: -71.2467

    Address

  • Full Address: 1 Drake Ln
  • Address - House Number: 1
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Derry
  • Carrier Code: R005
  • 4-Digit Zip Code: 4131
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,010,200

    Appraisal Valuation

  • Standard Deviation: 0.1975
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 506,695
  • High Value: 606,782
  • Low Value: 406,608

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $488,500
  • Assessed Land Value: $173,400
  • Assessed Improvements Value: $315,100

    Sales

  • Current Sale Recording Date: Oct 16, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 46147
  • Previous Sale Recording Date: Aug 17, 1998
  • Previous Sale Amount: $155,900
  • Previous Sale Document Type: 71
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 Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$251

Below Asking

0.01%

Average Days on Market

53

Average Home Size

3046 ft²

Average Home Age

48.5 years

Currently For Sale

1098 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: Paul Marino, WWW.FLATFEEMLS4FREE.COM
Last Updated Date: 2015-10-13
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4423778
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 1 Drake Lane built and last sold?
The property at 1 Drake Lane was built in 1998 and last sold on Jan 1, 1970 for $249,333.
How much is this home worth?
The estimated value of the home located at 1 Drake Lane is $0.
What are some comparable homes to 1 Drake Lane?
There are currently no comparable homes to 1 Drake Lane.
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