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Derry 03038
2 Alder Court
Listed by: Irene Vincent, Hearthside Realty, LLC, Selling Office: Coldwell Banker Realty Bedford NH, Listing Courtesy of Prime MLS
$550,000
● House - Off Market

2 Alder Court

Derry, NH 03038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,524 Ft²
$643,407
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

One-Owner Colonial in Desirable Walnut Heights, Corner Lot on Cul-de-Sac, Four Bedrooms on Second Floor, Master Suite w/3/4 Bath & Walk-In Closet, Cathedral Ceiling, Large Formal Dining Room w/Gleaming Hardwood Flooring, Formal Living Room Off Kitchen, Great Room w/Cathedral Ceiling, Palladium Window, Gas Fireplace, Open to Eat-In Kitchen, Sliders to Private Deck Overlooking Level Lot (Prime Location for Inground Pool as Septic is in Front Yard), First Floor Laundry includes Washer / Dryer, New Refrigerator, Generator Ready (generator can be left with property but needs repair), Farmer's Porch Graces Front of the Home, Oversized Two-Car Garage, Walk-Out Basement, Plenty of Storage!
Unit Size
2,524 Ft²
Days on Market
-
Land Size
3.09 acres
Price per sqft
$218
Property Type
House
Property Taxes
$834
HOA Dues
-
Year Built
2006

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 #4858438)

Price History

Date / Event Date Event Price
Jun 9, 2021 Sold
Premium
Sold
Apr 30, 2021 Listed by Hearthside Realty, LLC $549,900
Listed by Hearthside Realty, LLC
Aug 13, 2007 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • 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: 1,090
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 134,600
  • Total Building Area: 2,437
  • Gross Building Area: 4,219
  • Building Area: 2,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003090
  • 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: 003301

Zoning

  • Zoning: LDR

Geography

  • Parcel: DERY M:10 B:8 L:10
  • Block: 8
  • Lot: 10
  • Municipality: DERRY
  • Latitude: 42.9084
  • Longitude: -71.2558

    Address

  • Full Address: 2 Alder Ct
  • Address - House Number: 2
  • Address - Street Name: Alder
  • Address - Suffix Type: Ct
  • State: NH
  • City Name: Derry
  • Carrier Code: R006
  • 4-Digit Zip Code: 5031
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,177,700

    Appraisal Valuation

  • Standard Deviation: 0.1442
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 686,304
  • High Value: 785,280
  • Low Value: 587,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $569,500
  • Assessed Land Value: $187,700
  • Assessed Improvements Value: $381,800

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21037601
  • Previous Sale Recording Date: Aug 13, 2007
  • Previous Sale Amount: $399,900
  • 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 Derry

Stats & Trends

Median Asking:

$489,950

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2812 ft²

Average Home Age

37.3 years

Currently For Sale

51 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

Unit for rent at 15 Bonnie, Derry, 03038

$2,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,586 ft²
15 Bonnie #R, Derry, 03038

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Irene Vincent, Hearthside Realty, LLC
Last Updated Date: 2021-06-03
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 4858438
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 2 Alder Court built and last sold?
The property at 2 Alder Court was built in 2006 and last sold on Jun 3, 2021 for $550,000.
How much is this home worth?
The estimated value of the home located at 2 Alder Court is $555,579.
What are some comparable homes to 2 Alder Court?
There are currently no comparable homes to 2 Alder Court.
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