18 Derry Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed | $649,900 | |
| Listed | |||
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Welcome to 18 Derry Street—a well-maintained split-entry home in one of Methuen's most desirable neighborhoods! The sun-filled living room with a large picture window flows into the open kitchen and dining area, perfect for entertaining. Unwind in the bright sunporch with walls of windows. Three bedrooms feature hardwood floors and ample closet space. The main level includes a full bath, while the finished basement offers added living space with a bedroom/office, half bath, laundry, and bonus/storage room. Step outside to a private backyard with grapevines, two sheds, and storage under the deck. Additional perks include a one-car garage, central A/C on the main floor, and a wall unit downstairs. Conveniently located near shopping and I-495. A true gem ready for your personal touch! Check out the floor plan and drone shots. Open House 4/27/25 from 12–2PM. Welcome home!
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| Sep 10, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | Listed by Coldwell Banker Realty - Haverhill | $589,900 | |
| Listed by Coldwell Banker Realty - Haverhill | |||
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OPEN HOUSE CANCELLED. OFFER ACCEPTED! Feel the Love & Years of Care in this Well-Maintained Split! Nestled in Methuen's finest neighborhood, this home boasts 56 years of meticulous ownership. Step into the spacious living room flooded with natural light shining through the large picture window. The open kitchen and dining area are perfect for family & friend gatherings. Relax in the sunporch after a long day filled with lots of windows. Three bedrooms offer hardwood floors and ample closets. The finished basement adds additional living space, including a bedroom/office space, half bath, laundry & bonus/storage room. Outside enjoy the private backyard with beautiful grape vines & 2 good size sheds and additional storage shed under deck. Additional perks include a one-stall garage, newer Navien heating/hot water combo system, 7-year roof, 1st floor central A/C, and a wall A/C unit in basement. This home is a gem awaiting your touch & continued love.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017