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Derry 03038
38 Coles Grove
$569,900
● House - Off Market

38 Coles Grove

Derry, NH 03038
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,600 Ft²
$834,201
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Waterfront on Beaver Lake! Both homes were completely renovated in 2015. The 2 story home is street side and features 2 bedrooms and 1 ½bathrooms. The Ranch home is Water front, 2 bedroom 1 full bath and fire place. Each house has their own laundry hookup, driveway and oh yes those views! Incredible options with having 2 homes on one lot, keep one for yourself and rent the other, or keep as a guest house! Bring your dock and your boat. 50 feet of water frontage,How fabulous
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$356
Property Type
House
Property Taxes
$841
HOA Dues
-
Year Built
-

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 #72575325)

Price History

Date / Event Date Event Price
Dec 4, 2019 Sold
Premium
Sold
Oct 3, 2019 Listed by Team Gassman Real Estate LLC $569,900
Listed by Team Gassman Real Estate LLC
Dec 14, 2015 Sold
Premium
Sold
Jun 12, 2015 Listed by Team Gassman Real Estate LLC $449,900
Listed by Team Gassman Real Estate LLC

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1100
  • County Land Use Code: 109

Neighborhood

  • School District Name: Derry School District
  • School Tax School District: DERRY COOP
  • Census Tract: 003301

Zoning

  • Zoning: MDR

Geography

  • Parcel: DERY M:51 B:23
  • Block: 23
  • Municipality: DERRY
  • Latitude: 42.9043
  • Longitude: -71.2965

    Address

  • Full Address: 38 Coles Grove Rd
  • Address - House Number: 38
  • Address - Street Name: Coles Grove
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Derry
  • Carrier Code: R013
  • 4-Digit Zip Code: 4039
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,235,800

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 56
  • Final Value: 671,016
  • High Value: 815,297
  • Low Value: 526,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $597,600
  • Assessed Land Value: $379,200
  • Assessed Improvements Value: $218,400

    Sales

  • Current Sale Contract Date: Nov 27, 2019
  • Current Sale Recording Date: Dec 04, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19051405
  • Previous Sale Recording Date: Dec 14, 2015
  • Previous Sale Amount: $430,000
  • 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 Derry

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2756 ft²

Average Home Age

36.4 years

Currently For Sale

57 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 84 Franklin, 03038

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 700 ft²
84 Franklin #3, 03038 Listing by Susan Callahan
Unit for rent at 73 East Broadway, Derry, 03038

$1,795 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
73 East Broadway #K, Derry, 03038

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72575325

Frequently Asked Questions

When was property at 38 Coles Grove Road built and last sold?
The property at 38 Coles Grove Road was built in and last sold on Nov 27, 2019 for $569,933.
How much is this home worth?
The estimated value of the home located at 38 Coles Grove Road is $559,446.
What are some comparable homes to 38 Coles Grove Road?
There are currently no comparable homes to 38 Coles Grove Road.
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