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Rockingham 03038
9 Elwood Road
$555,000
● House - Off Market

9 Elwood Road

Derry, NH 03038
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,899 Ft²
$532,003
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Enjoy a quiet neighborhood with 400 feet frontage, blueberry and raspberry patches, apple, peach and pear trees, rabbit hutch or chicken coop with shed. Oversized garage with unfin.loft for storage, office or playspaceand 18x12 bumpout at rear for small car, riding mower, snowblower,etc.Recent granite kitchen and flooring. FIrst floor room as a potential bedroom, playroom or office.Anderson windows and storm doors in 2019. New septic in 1999.OPEN HOUSE CANCELLED.
Unit Size
1,899 Ft²
Days on Market
-
Land Size
1.13 acres
Price per sqft
$282
Property Type
House
Property Taxes
$707
HOA Dues
-
Year Built
1979

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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: 5 months ago (MLSPIN #73134959)

Price History

Date / Event Date Event Price
Aug 7, 2023 Sold
Premium
Sold
Jul 15, 2023 In contract -
In contract
Jul 11, 2023 Listed by Better Homes and Gardens Real Estate - The Masiello Group $535,000
Listed by Better Homes and Gardens Real Estate - The Masiello Group
Sep 14, 2020 Sold
Premium
Sold
Jul 29, 2020 Listed by Better Homes and Gardens Real Estate - The Masiello Group $399,900
Listed by Better Homes and Gardens Real Estate - The Masiello Group
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • 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: 864
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,223
  • Total Building Area: 1,899
  • Gross Building Area: 4,714
  • Building Area: 1,899
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,899
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001130
  • 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:14 B:29 L:30
  • Block: 29
  • Lot: 30
  • Municipality: DERRY
  • Latitude: 42.9283
  • Longitude: -71.307

    Address

  • Full Address: 9 Elwood Rd
  • Address - House Number: 9
  • Address - Street Name: Elwood
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Derry
  • Carrier Code: R002
  • 4-Digit Zip Code: 5426
  • Zip Code: 03038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $926,700

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 82
  • Final Value: 558,296
  • High Value: 638,968
  • Low Value: 477,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $448,100
  • Assessed Land Value: $179,500
  • Assessed Improvements Value: $268,600

    Sales

  • Current Sale Contract Date: Aug 04, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23023213
  • Previous Sale Recording Date: Sep 14, 2020
  • Previous Sale Contract Date: Sep 11, 2020
  • Previous Sale Amount: $430,000
  • 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:

$629,000

Sale Price/ft²

$253

Below Asking

0.01%

Average Days on Market

57

Average Home Size

3116 ft²

Average Home Age

47.6 years

Currently For Sale

781 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 30 Emerald, Derry, 03038

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
30 Emerald, Derry, 03038 Listing by Carla Macleod

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 73134959

Frequently Asked Questions

When was property at 9 Elwood Road built and last sold?
The property at 9 Elwood Road was built in 1979 and last sold on Aug 4, 2023 for $555,000.
How much is this home worth?
The estimated value of the home located at 9 Elwood Road is $535,816.
What are some comparable homes to 9 Elwood Road?
There are currently no comparable homes to 9 Elwood Road.
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