Listed by: Andrew White, RE/MAX Innovative Properties, Selling Office: Keller Williams Realty Metro-Londonderry, Listing Courtesy of Prime MLS
$320,000
●
Condo -
Off Market
8A Morningside Drive #A
Derry, NH
2 Beds
2 Baths,
1
Half Bath
972 Ft²
$339,378
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model
About This Property
This totally renovated 2 bedroom condex in a convenient location to
schools & shopping is ready for immediate occupancy. This unit has
new exterior features to include a newly paved long driveway, new
siding, roof, windows, front porch entry and rear decks. This
building is also nicely landscaped and tucked back among the trees.
The interior offers new flooring, lighting, upgraded modern
kitchens & baths, full laundry room & fresh paint & colors
throughout. Both units are available for a quick closing and
are in total turn key condition. Efficient mini splits offer
heating and cooling in addition to back up secondary wall heaters.
Full unfinished lower levels offer potential for expansion of
the floor plan. The seller spared no expense making these look
beautiful, arrange your showing today!
Unit Size
972 Ft²
Days on Market
-
Land Size
-
Price per sqft
$329
Property Type
Condo
Property Taxes
-
HOA Dues
-
Year Built
-
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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 #4936511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2022 | Listed by RE/MAX Innovative Properties | $319,900 | |
| Listed by RE/MAX Innovative Properties | |||
Property Highlights
Interior Details
Bedrooms: 2
Full Bathrooms: 1
Half Bathrooms: 1
Appliances: Dishwasher, Microwave, Refrigerator, Stove - Electric, Water Heater - Electric
Has Basement: Yes
Basement Features: Concrete Floor
Exterior Details
Construction Status: Existing
Construction Materials: Wood Frame, Vinyl Siding
Construction Materials: Concrete
Roof: Shingle
Exterior Features: Deck
Lot Features: Wooded
Financial Details
Utilities Details
Electric information: Circuit Breaker(s)
Heating Type: Hot Air
Cooling Type: Mini Split
Utilities for property: Cable - Available
Sewer Features: Private
Water Source: Community
Location Details
Zoning Information: residential
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
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Listed by: Andrew White, RE/MAX Innovative Properties
Last Updated Date: 2022-12-10
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4936511
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.
Last Updated Date: 2022-12-10
Last Checked: 8 hours ago
Data Source: Prime MLS, MLS# 4936511
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