Listed by: Vincent Forzese, Realty ONE Group NEST, Selling Office: Colonial Manor Realty Inc, Listing Courtesy of Prime MLS
$335,000
●
Condo -
Off Market
2 Morningside Drive #L
Derry, NH 03038
2 Beds
2 Baths,
1
Half Bath
990 Ft²
$298,784
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model
About This Property
Do not hesitate to see this this fully renovated 2-bedroom, 1.5
bath condex, ready for immediate occupancy. The unit boasts a range
of new exterior features, including a freshly paved long driveway,
new siding, windows, and rear decks. The property is beautifully
nestled amidst trees and offers lots of privacy. Step inside to
discover a stunning interior with new vinyl flooring, lighting,
upgraded modern kitchens, and baths. The unit also includes a
convenient mudroom w/ laundry and has been freshly painted
throughout. Both units are available for a quick closing and are in
impeccable, move-in-ready condition. Stay comfortable year-round
with new HVAC system. The full unfinished lower level presents an
opportunity for future expansion. Seller to provide $3000 appliance
credit to buyer at closing. Any Offers Due 5:00 Monday 7/17
Unit Size
990 Ft²
Days on Market
-
Land Size
-
Price per sqft
$303
Property Type
Condo
Property Taxes
-
HOA Dues
$195
Year Built
1979
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Cap Rate Calculator
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Monthly Rental Income
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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 #4961111)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2023 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 18, 2023 | In contract | - | |
| In contract | |||
| Jul 13, 2023 | Listed by Realty One Group Nest | $299,900 | |
| Listed by Realty One Group Nest | |||
| | |||
|
Do not hesitate to see this this fully renovated 2-bedroom, 1.5 bath condex, ready for immediate occupancy. The unit boasts a range of new exteriorf eatures, including a freshly paved long driveway, new siding, windows, and rear decks. The property is beautifully nestled amidst trees and offers lots of privacy. Step inside to discover a stunning interior with new vinyl flooring, lighting, upgraded modern kitchens, and baths. The unit also includes a convenient mudroom w/ laundry and has been freshly painted throughout. Both units are available for a quick closing and are in impeccable, move-in-ready condition. Stay comfortable year-round with newHVAC system. The full unfinished lower level presents an opportunity for future expansion. Seller to provide $3000 appliance credit to buyer at closing. Any Offers Due 5:00 Monday 7/17
| |||
Property Highlights
Parking Available
Parking Details
Parking Features: Off Street, Parking Spaces 2
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Appliances: Water Heater - Tank
Has Basement: Yes
Basement Features: Concrete, Full
Exterior Details
Construction Status: Existing
Construction Materials: Wood Frame, Vinyl Siding
Construction Materials: Concrete
Roof: Fiberglass
Exterior Features: Deck, Windows - Double Pane
Lot Features: Level
Financial Details
Utilities Details
Electric information: 150 Amp
Heating Type: Forced Air, Multi Zone
Cooling Type: Central AC
Utilities for property: Gas - LP/Bottle
Sewer Features: Septic Shared, Septic
Water Source: Community
Location Details
Location: 102 to Tsienneto Rd to Morningside Dr
Zoning Information: res
HOA Details
Association Fee Includes: Plowing, Sewer, Water
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/13/2023
|
2 Bed
|
2 Bath
|
990 ft²
|
$299,900
2 Bed
2 Bath
990 ft²
|
$335,000
+11.70%
09/22/2023
|
Vincent Forzese
Realty One Group Nest
| |
|
07/13/2023
|
2 Bed
|
2 Bath
|
-
|
$299,900
2 Bed
2 Bath
|
-
-
|
Vincent Forzese
Realty One Group Nest
|
Building Info
About Derry
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Listed by: Vincent Forzese, Realty ONE Group NEST
Last Updated Date: 2023-10-23
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4961111
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.
Last Updated Date: 2023-10-23
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 4961111
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