96 Derry Rd
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| May 2, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by LAER Realty Partners | $634,900 | |
| Listed by LAER Realty Partners | |||
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Discover an inviting home at 96 Derry Road, Methuen, MA, a single-family residence built in 2001, offering 1872 square feet of living space. This colonial-style property is ready for you to move in, presenting a refined backdrop for a comfortable lifestyle. The kitchen is designed for both culinary exploration and casual gathering, featuring stainless steel appliances and stone counters. Its G-shaped layout and peninsula offer ample workspace and a seamless flow for entertaining. Each of the three bedrooms provides a private retreat. The bathrooms are thoughtfully appointed, with one offering the convenience of a walk-in shower. A half bathroom adds to the home's practical design. Beyond the interiors, a fenced yard awaits, complete with a fire pit for evening gatherings and a deck off your kitchen for outdoor enjoyment. The full basement provides additional space, and a dedicated laundry room simplifies daily routines.
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| Jun 29, 2015 | Sold | ||
| Sold | |||
| May 7, 2015 | Listed by Classified Realty Group | $329,000 | |
| Listed by Classified Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017