51 E Derry Road
About This Property
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 5, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| Mar 19, 2025 | Listed | $725,000 | |
| Listed | |||
| | |||
|
Introducing 51 East Derry Road, nestled in Derry's esteemed Historic District—a masterfully restored 1810 Colonial that harmoniously marries historic charm with modern luxury. This distinguished residence offers 13 rooms, showcasing refinished wide plank flooring, soaring ceilings, and ambient recessed lighting, creating an inviting and timeless atmosphere. The kitchen is a culinary masterpiece, featuring custom cabinetry and granite countertops, seamlessly flowing into the formal dining room. Here, one of the home's 8 fireplaces adds warmth and elegance, setting the stage for memorable gatherings and special occasions. The first floor encompasses a spacious living room, a versatile bedroom, two well-appointed bathrooms, a dedicated office, and a sun-drenched sunroom/pool room. This space opens to a private backyard oasis, complete with an inground pool and lush greenery on a flat, expansive yard—perfect for relaxation and outdoor entertainment. Ascend to the second level to discover 4 additional bedrooms, a full bathroom, and a bonus room, offering ample space for family and guests. Unwind on the charming porch at day's end, savoring the tranquility of your surroundings. Additional highlights include a 4-car garage, meticulously manicured landscaping, a convenient breakfast bar, an elegant marble entryway, a luxurious soaking tub, and a double oven. Experience the perfect blend of history, comfort, and modern amenities where timeless elegance meets contemporary living.
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| Nov 26, 2019 | Sold | ||
| Sold | |||
| Nov 8, 2018 | Listed by BHHS Verani Londonderry | $300,000 | |
| Listed by BHHS Verani Londonderry | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017