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Rockingham 03038
3 Covey Run Lane #3
$199,900
● Condo - Off Market

3 Covey Run Lane #3

Derry, NH 03038
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,440 Ft²
$419,785
RealtyHop Estimate
110.00%
Since Nov 1, 2009
National-US
Primary Model

About This Property

Elegant town houses built by Gold Leaf Homes. Select from sunny and spacious 2 bedroom townhomes with large living rooms perfect for entertaining, and an eat in kitchen with breakfast bar for dining with your friends. Everything you've been waiting for is at Covey Run.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
Condo
Property Taxes
-
HOA Dues
$168
Year Built
2003

Payment Calculator

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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: 4 months ago (MLSPIN #70941095)

Price History

Date / Event Date Event Price
Oct 23, 2009 Sold
Premium
Sold
Jun 30, 2009 Listed by Prudential Verani Realty $199,900
Listed by Prudential Verani Realty

Property Highlights

Garage
Air Conditioning
Parking Available

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • 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: 568
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 33,106
  • Total Building Area: 1,806
  • Gross Building Area: 3,926
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000760
  • 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: 003302

Zoning

  • Zoning: MDR

Geography

  • Parcel: DERY M:58 B:20
  • Block: 20
  • Municipality: DERRY
  • Latitude: 42.92
  • Longitude: -71.3315

    Address

  • Full Address: 3 Cove Dr
  • Address - House Number: 3
  • Address - Street Name: Cove
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Derry
  • Carrier Code: R002
  • 4-Digit Zip Code: 5325
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,023,900

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 602,147
  • High Value: 701,665
  • Low Value: 502,629

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $495,100
  • Assessed Land Value: $209,100
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20019655
  • Previous Sale Recording Date: Apr 15, 2019
  • Previous Sale Contract Date: Apr 12, 2019
  • Previous Sale Amount: $407,000
  • 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 Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2899 ft²

Average Home Age

49.3 years

Currently For Sale

1014 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 6 Sheridan, Londonderry, 03053

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,776 ft²
6 Sheridan #A, Londonderry, 03053 Listing by Tina Lisa
Unit for rent at 30 Emerald, Derry, 03038

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
30 Emerald, Derry, 03038 Listing by Carla Macleod

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70941095

Frequently Asked Questions

When was property at 3 Cove Drive built and last sold?
The property at 3 Cove Drive was built in 2003 and last sold on May 1, 2020 for $425,000.
How much is this home worth?
The estimated value of the home located at 3 Cove Drive is $429,105.
What are some comparable homes to 3 Cove Drive?
There are currently no comparable homes to 3 Cove Drive.
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