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Derry 03038
88 Drew Road
Listed by: Stacia Mackie, EXP Realty, Selling Office: EXP Realty, Listing Courtesy of Prime MLS
$390,000
● House - Off Market

88 Drew Road

Derry, NH 03038
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,304 Ft²
$390,554
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Come see this quiet 3 bdrm split level home on 3.77 acre wooded lot. This home has a lot to offer and has a lot of potential. 3 bedrooms upstairs and a potential 4th downstairs. Partially finished lower level currently has a large living area and bedroom. This home has so much potential! If you want peace and quiet, this adorable home is waiting for you, just move in, bring your vision, and some TLC to make this you own! 2 TVs included and wall AC. AS IS, need work. Some items negotiable such as generator, snowblower, and tractor.   OPEN HOUSE: 4/30/23 3p-4:30p (park on Drew Rd.)
Unit Size
1,304 Ft²
Days on Market
-
Land Size
3.77 acres
Price per sqft
$299
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1986

Payment Calculator (Computations Provided by RealtyHop)

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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: 3 years ago (Prime MLS #4950492)

Price History

Date / Event Date Event Price
Jun 7, 2023 Sold
Premium
Sold
Apr 28, 2023 Listed by EXP Realty $389,900
Listed by EXP Realty
May 25, 2005 Sold
Premium
Sold
Jun 16, 1999 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • 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: 42
  • Exterior Walls Type: 19
  • 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: 1,058
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 164,221
  • Total Building Area: 1,097
  • Gross Building Area: 2,348
  • Building Area: 1,097
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,097
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003770
  • 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: LDR

Geography

  • Parcel: DERY M:7 B:85 L:10
  • Block: 85
  • Lot: 10
  • Municipality: DERRY
  • Latitude: 42.8934
  • Longitude: -71.2186

    Address

  • Full Address: 88 Drew Rd
  • Address - House Number: 88
  • Address - Street Name: Drew
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Derry
  • Carrier Code: R005
  • 4-Digit Zip Code: 5716
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,200

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 442,367
  • High Value: 521,104
  • Low Value: 363,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $349,700
  • Assessed Land Value: $181,700
  • Assessed Improvements Value: $168,000

    Sales

  • Current Sale Contract Date: Jun 07, 2023
  • Current Sale Recording Date: Jun 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23016064
  • Previous Sale Recording Date: May 25, 2005
  • Previous Sale Amount: $258,900
  • 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 Derry

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$236

Below Asking

0.01%

Average Days on Market

53

Average Home Size

2756 ft²

Average Home Age

36.4 years

Currently For Sale

57 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 19 Metacomet, Sandown, 03873

$2,995 /mo

  • 1 Bed
  • 1 Bath
  • 1,340 ft²
19 Metacomet #2ABOVEGARAGE, Sandown, 03873 Listing by Leslie Riemitis
Unit for rent at 34 Blueberry, Hampstead, 03841

$2,900 /mo

  • 2 Beds
  • 1 Bath
  • 770 ft²
34 Blueberry, Hampstead, 03841 Listing by Thom Gregsak

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Stacia Mackie, EXP Realty
Last Updated Date: 2023-06-08
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 4950492
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 88 Drew Road built and last sold?
The property at 88 Drew Road was built in 1986 and last sold on Jun 7, 2023 for $390,000.
How much is this home worth?
The estimated value of the home located at 88 Drew Road is $0.
What are some comparable homes to 88 Drew Road?
There are currently no comparable homes to 88 Drew Road.
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