29
Map
Listed by: Kimberley Martin, LAER Realty Partners/Goffstown, 603-685-4495, Listing Courtesy of Prime MLS
$530,000
●
House -
In Contract
4 Michael
Derry, NH 03038
5 Beds
1 Bath
2,048 Ft²
$3,300
Est. Monthly
About This Property
This charming 1983 Cape has been lovingly cared for by its original
owner for 43 years! The owner has thoughtfully maintained this home
over the years, with important updates already taken care of,
including a roof just 5 years old. The main level features a
remodeled kitchen with granite countertops, tile flooring and newer
appliances, hardwood floors, and the convenience of a full bath.
The flexible floor plan offers up to five bedrooms, or some of
these rooms could easily be used as a cozy den, home office, craft
room or whatever fits your needs. A dry basement provides excellent
storage and potential for future expansion. Upstairs, you'll
find a front-to-back primary bedroom, two additional bedrooms and a
¾ bath. Outside, you'll find mature landscaping and a beautiful
paver walkway winding through strategically placed plantings,
creating a welcoming entrance and adding to the home's charm and
character. 4 Michael Ave. is ready for its next chapter!
Unit Size
2,048 Ft²
Days on Market
-
Land Size
0.59 acres
Price per sqft
$259
Property Type
House
Property Taxes
$697
HOA Dues
-
Year Built
1984
Listed By
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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: 2 months ago (Prime MLS #5111582)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Sep 25, 2026 | Listed by LAER Realty Partners/Goffstown | $530,000 | |
| Listed by LAER Realty Partners/Goffstown | |||
Property Highlights
Interior Details
Full Bathrooms: 1
Interior Features: Basement Laundry
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Electric Stove
Flooring Type: Carpet, Hardwood, Tile
Rooms: 7
Basement: Yes
Exterior Details
Square Footage: 2048
Architectural Style: Cape
Year Built: 1984
Construction Materials: Wood Siding
Lot Features: Landscaped, Curbing
Lot Size Area: 25700
Lot Size Units: Square Feet
Lot Size Acres: 0.59
Lot Size Square Feet: 25700
Water Source: Public
Financial Details
Tax Annual Amount: $8,363
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Derry
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Listed by: Kimberley Martin, LAER Realty Partners/Goffstown
Last Updated Date: 2026-10-06
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 5111582
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: 2026-10-06
Last Checked: 2 hours ago
Data Source: Prime MLS, MLS# 5111582
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