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Rockingham 03038
11 Drake Lane
Listed by: Kurt Krohn, Remark Realty, Selling Office: Coldwell Banker Realty Bedford NH, Listing Courtesy of Prime MLS
$353,000
● House - Off Market

11 Drake Lane

Derry, NH 03038
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,208 Ft²
$454,346
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Check out this great 3 bedroom colonial located in a cul-de-sac set back off the road. Amenities include: Eat-in kitchen, dining room, cathedral ceiling great room with fireplace, front to back master suite, walk up attic for potential future expansion, 2 car garage under, the list goes on.. HUD Home. Sold "AS IS" by elec. bid only. Prop avail 07-19-19. Bids due by 07-28-19 11:59 PM Central Time then daily until sold. FHA Case #341-108266. Insured w Escrow Rpr. Eligible for FHA 203K.  Buyer to verify all info.  Please note all HUD homes are sold as is as seen no repairs prior to closing no exceptions. Equal Housing Opportunity. Please make an appointment to view this home with a Real Estate Agent or Broker of your choice. Hurry, at this price it will go fast.
Unit Size
2,208 Ft²
Days on Market
-
Land Size
1.22 acres
Price per sqft
$140
Property Type
House
Property Taxes
$780
HOA Dues
-
Year Built
1994

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 #4766069)

Price History

Date / Event Date Event Price
Apr 20, 2020 Sold
Premium
Sold
Sep 26, 2019 Sold
Premium
Sold
Jul 19, 2019 Listed by Remark Realty $310,000
Listed by Remark Realty

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 752
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Total Building Area: 2,777
  • Gross Building Area: 7,404
  • Building Area: 2,777
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 2,777
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001220
  • 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 L:9
  • Block: 2
  • Lot: 9
  • Municipality: DERRY
  • Latitude: 42.8701
  • Longitude: -71.2435

    Address

  • Full Address: 11 Drake Ln
  • Address - House Number: 11
  • 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: $1,403,300

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 755,052
  • High Value: 863,942
  • Low Value: 646,162

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $678,600
  • Assessed Land Value: $171,800
  • Assessed Improvements Value: $506,800

    Sales

  • Current Sale Contract Date: Apr 17, 2020
  • Current Sale Recording Date: Apr 20, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20017113
  • Previous Sale Recording Date: Sep 26, 2019
  • Previous Sale Contract Date: Sep 20, 2019
  • Previous Sale Amount: $353,000
  • 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

55

Average Home Size

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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: Kurt Krohn, Remark Realty
Last Updated Date: 2019-09-26
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4766069
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 11 Drake Lane built and last sold?
The property at 11 Drake Lane was built in 1994 and last sold on Apr 17, 2020 for $500,600.
How much is this home worth?
The estimated value of the home located at 11 Drake Lane is $0.
What are some comparable homes to 11 Drake Lane?
There are currently no comparable homes to 11 Drake Lane.
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