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Derry 03038
3 Butternut Lane
Listed by: Cheryl Hill, Coldwell Banker Realty Derry NH, Selling Office: Keller Williams Realty Metro-Londonderry, Listing Courtesy of Prime MLS
$260,000
● House - Off Market

3 Butternut Lane

Derry, NH 03038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,004 Ft²
$515,416
RealtyHop Estimate
94.57%
Since Sep 1, 2013
National-US
Primary Model

About This Property

Do you want a private retreat in a great location? This East Derry Colonial is situated in a beautiful lot filled with perennials. Well maintained with new tile flooring in the eat-in kitchen and the updated 1/2 bath. There is hardwood in the dining room, new carpet in the living room and a fireplaced family room. The second level has a front to back master bedroom with 3/4 bath and walk in closet. Relax on the back deck and enjoy! Home Warranty included.
Unit Size
2,004 Ft²
Days on Market
-
Land Size
1.63 acres
Price per sqft
$132
Property Type
House
Property Taxes
$574
HOA Dues
-
Year Built
1987

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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 #4244225)

Price History

Date / Event Date Event Price
Aug 6, 2013 Sold
Premium
Sold
Jun 7, 2013 Listed by Coldwell Banker Realty Derry NH $264,900
Listed by Coldwell Banker Realty Derry NH
Feb 1, 2001 Sold
Premium
Sold

Property Highlights

Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • 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: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 192
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,003
  • Total Building Area: 1,692
  • Gross Building Area: 2,796
  • Building Area: 1,692
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,692
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001630
  • 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:94 L:23
  • Block: 94
  • Lot: 23
  • Municipality: DERRY
  • Latitude: 42.906
  • Longitude: -71.2265

    Address

  • Full Address: 3 Butternut Ln
  • Address - House Number: 3
  • Address - Street Name: Butternut
  • Address - Suffix Type: Ln
  • State: NH
  • City Name: Derry
  • Carrier Code: R006
  • 4-Digit Zip Code: 5621
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $913,400

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 548,294
  • High Value: 641,795
  • Low Value: 454,792

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $441,700
  • Assessed Land Value: $175,300
  • Assessed Improvements Value: $266,400

    Sales

  • Current Sale Recording Date: Aug 06, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Feb 01, 2001
  • Previous Sale Amount: $224,900
  • 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:

$499,900

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2819 ft²

Average Home Age

42.2 years

Currently For Sale

38 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 34 Blueberry, Hampstead, 03841

$2,900 /mo

  • 2 Beds
  • 1 Bath
  • 770 ft²
34 Blueberry, Hampstead, 03841 Listing by Thom Gregsak
Unit for rent at 95 Eagle Ridge, Sandown, 03873

$2,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,700 ft²
95 Eagle Ridge #UNIT2, Sandown, 03873 Listing by Heather Colbert

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Cheryl Hill, Coldwell Banker Realty Derry NH
Last Updated Date: 2023-08-02
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 4244225
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 3 Butternut Lane built and last sold?
The property at 3 Butternut Lane was built in 1987 and last sold on Jan 1, 1970 for $260,000.
How much is this home worth?
The estimated value of the home located at 3 Butternut Lane is $275,618.
What are some comparable homes to 3 Butternut Lane?
There are currently no comparable homes to 3 Butternut Lane.
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