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Rockingham 03038
13 Cove Drive
Listed by: Caitlyn Drapeau, KW Coastal and Lakes & Mountains Realty, Selling Office: KW Coastal and Lakes & Mountains Realty, Listing Courtesy of Prime MLS
$25,000
● Land - Off Market

13 Cove Drive

Derry, NH 03038
bedrooms
Studio
bathrooms
0 Bath
$118,943
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Rare opportunity to own property in the desirable town of Derry with water views of Rainbow Lake! This quiet neighborhood has so much to offer including, being walking distance to an association "only" beach for swimming, boating, and fishing. Possible 2 bedroom home site. Needs engineering variance. Engineer has viewed for possibilities ONLY. Buyer to do own due diligence and engineering. No septic design. Lot is on bend of road, giving frontage as a corner lot.
Unit Size
-
Days on Market
-
Land Size
0.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$26
HOA Dues
-
Year Built
-

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 #4843595)

Price History

Date / Event Date Event Price
May 5, 2021 Sold
Premium
Sold
Jan 9, 2021 Listed by KW Coastal and Lakes & Mountains Realty $99,999
Listed by KW Coastal and Lakes & Mountains Realty
Apr 2, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000210
  • Standard Land Use Code: 8012
  • County Land Use Code: 132

Neighborhood

  • School District Name: Derry School District
  • School Tax School District: DERRY COOP
  • Census Tract: 003302

Zoning

  • Zoning: MDR

Geography

  • Parcel: DERY M:58 B:15
  • Block: 15
  • Municipality: DERRY
  • Latitude: 42.921
  • Longitude: -71.329

    Address

  • Full Address: 13 Cove Dr
  • Address - House Number: 13
  • Address - Street Name: Cove
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Derry
  • Carrier Code: R002
  • 4-Digit Zip Code: 5327
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $33,700
  • Initial Tax Delinquent Year: 2021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,300
  • Assessed Land Value: $16,300

    Sales

  • Current Sale Recording Date: Apr 02, 2002
  • Current Sale Price:
    Premium
  • Current 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:

$630,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2928 ft²

Average Home Age

47.6 years

Currently For Sale

760 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: Caitlyn Drapeau, KW Coastal and Lakes & Mountains Realty
Last Updated Date: 2021-05-06
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4843595
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 13 Cove Drive built and last sold?
The property at 13 Cove Drive was built in and last sold on Jan 1, 1970 for $18,000.
How much is this home worth?
The estimated value of the home located at 13 Cove Drive is $0.
What are some comparable homes to 13 Cove Drive?
There are currently no comparable homes to 13 Cove Drive.
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