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Rockingham 03038
8 Homestead Drive
Listed by: Diane Lemenager, Coco, Early Associates/Salem, Selling Office: Cameron Prestige, LLC, Listing Courtesy of Prime MLS
$263,500
● House - Off Market

8 Homestead Drive

Derry, NH 03038
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,274 Ft²
$415,345
RealtyHop Estimate
48.39%
Since May 1, 2019
National-US
Primary Model

About This Property

Colonial on a corner lot located in a sought after neighborhood just off of a cul de sac. Bright home with lots of natural light. Living room has new carpeting and wood burning fireplace. Full walkout basement with washer, dryer and wood stove. Property has plenty of space for potential expansion. Great commuter location. Delayed showings until March 10th at open house.
Unit Size
1,274 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$220
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
1985

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 #4737552)

Price History

Date / Event Date Event Price
Oct 12, 2023 Sold
Premium
Sold
Aug 9, 2023 Listed by Coco, Early Associates/Salem $449,900
Listed by Coco, Early Associates/Salem
Apr 25, 2019 Sold
Premium
Sold
Feb 22, 2019 Listed by Coco, Early Associates/Salem $279,900
Listed by Coco, Early Associates/Salem
Jul 19, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 18
  • 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: 624
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,222
  • Gross Building Area: 2,128
  • Building Area: 1,222
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,222
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • 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: 003601

Zoning

  • Zoning: LMDR

Geography

  • Parcel: DERY M:3 B:103 L:19
  • Block: 103
  • Lot: 19
  • Municipality: DERRY
  • Latitude: 42.855
  • Longitude: -71.2891

    Address

  • Full Address: 8 Homestead Dr
  • Address - House Number: 8
  • Address - Street Name: Homestead
  • Address - Suffix Type: Dr
  • State: NH
  • City Name: Derry
  • Carrier Code: R009
  • 4-Digit Zip Code: 4445
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $738,300

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 452,949
  • High Value: 530,102
  • Low Value: 375,796

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,000
  • Assessed Land Value: $195,400
  • Assessed Improvements Value: $161,600

    Sales

  • Current Sale Contract Date: Oct 12, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23030752
  • Previous Sale Recording Date: Apr 25, 2019
  • Previous Sale Contract Date: Apr 19, 2019
  • Previous Sale Amount: $263,533
  • 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 Rockingham

Stats & Trends

Median Asking:

$625,000

Sale Price/ft²

$250

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2899 ft²

Average Home Age

49.3 years

Currently For Sale

1014 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

Rentals Near You

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Prime

Listed by: Diane Lemenager, Coco, Early Associates/Salem
Last Updated Date: 2019-04-24
Last Checked: -1 hour ago
Data Source: Prime MLS, MLS# 4737552
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 8 Homestead Drive built and last sold?
The property at 8 Homestead Drive was built in 1985 and last sold on Oct 12, 2023 for $494,000.
How much is this home worth?
The estimated value of the home located at 8 Homestead Drive is $0.
What are some comparable homes to 8 Homestead Drive?
There are currently no comparable homes to 8 Homestead Drive.
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