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Derry 03038
Lot 8 Alder Court
Photo of Lot 8 Alder Court
Sold on May 12, 2006

1

Map

$456,700
● House - Off Market

Lot 8 Alder Court

Derry, NH 03038
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,482 Ft²
$763,250
RealtyHop Estimate
68.34%
Since Jun 1, 2006
National-US
Primary Model

About This Property

Walnut Heights: Stunning new colonial in new 7 lot subdivision, 4 bedrooms, multi baths, formal DR & LR, fireplaced FR, farmer porch, pantry, sliders to deck, FHA/Gas Heat, walkout basement & standard features that are usually options. 75 day occupancy.
Unit Size
2,482 Ft²
Days on Market
-
Land Size
7.86 acres
Price per sqft
$183
Property Type
House
Property Taxes
$850
HOA Dues
-
Year Built
2006

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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: 6 months ago (MLSPIN #70313444)

Price History

Date / Event Date Event Price
May 12, 2006 Sold
Premium
Sold
Jan 31, 2006 Sold
Premium
Sold
Jan 11, 2006 Listed $453,400
Listed

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • 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: 1,090
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 137,214
  • Total Building Area: 2,437
  • Gross Building Area: 4,735
  • Building Area: 2,437
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003150
  • 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: 003301

Zoning

  • Zoning: LDR

Geography

  • Parcel: DERY M:10 B:8 L:7
  • Block: 8
  • Lot: 7
  • Municipality: DERRY
  • Latitude: 42.9067
  • Longitude: -71.2566

    Address

  • Full Address: 8 Alder Ct
  • Address - House Number: 8
  • Address - Street Name: Alder
  • Address - Suffix Type: Ct
  • State: NH
  • City Name: Derry
  • Carrier Code: R006
  • 4-Digit Zip Code: 5031
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,278,900

    Appraisal Valuation

  • Standard Deviation: 0.0775
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 94
  • Final Value: 756,701
  • High Value: 815,362
  • Low Value: 698,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $618,400
  • Assessed Land Value: $188,200
  • Assessed Improvements Value: $430,200

    Sales

  • Current Sale Recording Date: Jan 31, 2006
  • Current Sale Price:
    Premium
  • Current 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 Derry

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$235

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2843 ft²

Average Home Age

48.4 years

Currently For Sale

44 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 1 Jessica, Derry, 03038

$3,750 /mo

  • 3 Beds
  • 1 Bath
  • 2,528 ft²
1 Jessica, Derry, 03038 Listing by Nadine Pelletier

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 6 months ago
Data Source: MLS PIN, MLS# 70313444

Frequently Asked Questions

When was property at 8 Alder Court built and last sold?
The property at 8 Alder Court was built in 2006 and last sold on Jan 1, 1970 for $424,000.
How much is this home worth?
The estimated value of the home located at 8 Alder Court is $459,212.
What are some comparable homes to 8 Alder Court?
There are currently no comparable homes to 8 Alder Court.
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