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Rockingham 03038
87 Island Pond
Listed by: Andrew White, RE/MAX Innovative Properties, [email protected], Selling Office: DiPietro Group Real Estate, Listing Courtesy of Prime MLS
$550,000
● House - Off Market

87 Island Pond

Derry, NH 03038
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,679 Ft²
$3,606
Est. Monthly

About This Property

Charming Gambrel on a Wooded Lot! Welcome to this classic 3-bedroom Gambrel nestled on a wooded lot offering both privacy and convenience. This well-cared-for home features gleaming wood floors, an inviting eat-in kitchen, and a cozy wood stove perfect for New England winters. Enjoy the updated, maintenance-free rear deck overlooking the peaceful, wooded backdrop, and a delightful three-season breezeway connecting the home and garage-perfect for relaxing or entertaining. A first-floor laundry adds everyday convenience, and the attached two-car garage offers easy access and storage. Freshly painted inside and out, this move-in ready home is just minutes from town, schools, and major routes-ideal for commuters seeking a retreat close to everything.
Unit Size
2,679 Ft²
Days on Market
-
Land Size
1.08 acres
Price per sqft
$205
Property Type
House
Property Taxes
$905
HOA Dues
-
Year Built
1979

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: 9 months ago (Prime MLS #5068015)

Price History

Date / Event Date Event Price
Dec 10, 2025 Sold
Premium
Sold
Oct 30, 2025 Listed by RE/MAX Innovative Properties $550,000
Listed by RE/MAX Innovative Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 10
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,008
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 47,045
  • Total Building Area: 1,935
  • Gross Building Area: 4,670
  • Building Area: 1,935
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,935
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001080
  • 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: 003602

Zoning

  • Zoning: LMDR

Geography

  • Parcel: DERY M:6 B:46 L:5
  • Block: 46
  • Lot: 5
  • Municipality: DERRY
  • Latitude: 42.8744
  • Longitude: -71.2752

    Address

  • Full Address: 87 Island Pond Rd
  • Address - House Number: 87
  • Address - Street Name: Island Pond
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Derry
  • Carrier Code: R005
  • 4-Digit Zip Code: 4121
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,056,500

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 616,714
  • High Value: 721,762
  • Low Value: 511,666

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,900
  • Assessed Land Value: $170,600
  • Assessed Improvements Value: $340,300
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:

$629,900

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

55

Average Home Size

3042 ft²

Average Home Age

48.3 years

Currently For Sale

783 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 74 Rockingham, Derry, 03038

$3,875 /mo

  • 2 Beds
  • 2 Baths
  • 1,762 ft²
74 Rockingham #313, Derry, 03038 Listing by Stephanie Lerp
Unit for rent at 3 Pembroke, Derry, 03038

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 675 ft²
3 Pembroke #5, Derry, 03038 Listing by Daniel Mendonca

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Andrew White, RE/MAX Innovative Properties
Last Updated Date: 2025-12-11
Last Checked: 9 hours ago
Data Source: Prime MLS, MLS# 5068015
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 87 Island Pond Road built and last sold?
The property at 87 Island Pond Road was built in 1979 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 87 Island Pond Road is $564,153.
What are some comparable homes to 87 Island Pond Road?
There are currently no comparable homes to 87 Island Pond Road.
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