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Rockingham 03038
7 Cove Drive
Listed by: Brenda Huxley, Wise Real Estate, LLC, Selling Office: Compass New England, LLC, Listing Courtesy of Prime MLS
$359,900
● House - Off Market

7 Cove Drive

Derry, NH 03038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
2,059 Ft²
$415,960
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

3 Bedroom Cape with 2 baths and a one car garage.  Kitchen with  maple cabinetry and a tile floor.  Sun room off kitchen leading to an oversized deck.  From the deck there is a handicap ramp leading to the front of the house.  There is a bedroom on the 1st floor and a bath with a walk in shower. Roof and heating system are 5 years old.  Finished basement with stove, dishwasher, bath and a room with a closet.   Conveniently located close to ByPass 28 and close to Rainbow Lake.
Unit Size
2,059 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$175
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1966

Payment Calculator (Computations Provided by RealtyHop)

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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 #4860586)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
May 13, 2021 Listed by Wise Real Estate, LLC $359,900
Listed by Wise Real Estate, LLC
Aug 1, 2007 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 884
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,307
  • Gross Building Area: 3,783
  • Building Area: 1,307
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,307
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • 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:18
  • Block: 18
  • Municipality: DERRY
  • Latitude: 42.9209
  • Longitude: -71.3309

    Address

  • Full Address: 7 Cove Dr
  • Address - House Number: 7
  • Address - Street Name: Cove
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Derry
  • Carrier Code: R002
  • 4-Digit Zip Code: 5326
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $839,000

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 478,407
  • High Value: 557,310
  • Low Value: 399,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,700
  • Assessed Land Value: $206,800
  • Assessed Improvements Value: $198,900

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21045857
  • Previous Sale Recording Date: Aug 01, 2007
  • Previous Sale Amount: $211,000
  • Previous Sale Document Type: 27
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

$251

Below Asking

0.01%

Average Days on Market

55

Average Home Size

2911 ft²

Average Home Age

49.2 years

Currently For Sale

1038 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 5 Tsienneto, Derry, 03038

$2,195 /mo

  • 1 Bed
  • 1 Bath
  • 840 ft²
5 Tsienneto #212, Derry, 03038 Listing by Delinda Robinson

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Brenda Huxley, Wise Real Estate, LLC
Last Updated Date: 2021-07-15
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4860586
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 7 Cove Drive built and last sold?
The property at 7 Cove Drive was built in 1966 and last sold on Jul 15, 2021 for $359,933.
How much is this home worth?
The estimated value of the home located at 7 Cove Drive is $0.
What are some comparable homes to 7 Cove Drive?
There are currently no comparable homes to 7 Cove Drive.
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