333 Chamberlain Rd · West Stewartstown, NH 05903

$225,000

2 bd · 2.0 ba · 1,906 sqft · SingleFamily public records · 148 Days on market

Built 1981 4.20 ac lot $118/sqft · 30% below area Est $322k · 30% under

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Why this score? — see what drove the D grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Appreciation +9.3/10.0
• Schools +5.0/10.0
• Cash flow +4.5/30.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +0.0/10.0
• DSCR +0.0/10.0

Listing remarks MLS

Owner financing available! Built from pine logs felled directly on the property, this 1981 log cabin offers authentic Vermont character on a quiet, dead-end dirt road. The home features a spacious addition with a master suite, providing a modern and comfortable update to the traditional floor plan. Master suite includes walk-in closet complete with laundry machines. With direct VAST trail access right from your driveway, this is a solid opportunity for outdoor enthusiasts looking for privacy and potential. Property is handicap accessible.

Key facts

• Vast trail access
• Handicap accessible
• Log cabin

Tags

• LOG CABIN
• VAST TRAIL ACCESS
• HANDICAP ACCESSIBLE

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $225k.

Deal economics

• At list price, monthly cash flow is $-584 ($-7k/yr) — negative.
• To cash-flow at today's rent, offer at most $122k (45.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $108k (51.9% below list).
• Recommended offer: $108k (51.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 60/100 on livability (#90 in NH) — a middle-class / working-renter tenant base. Strengths: cost of living A+, crime B+, housing B; Watch: amenities F, commute F, employment F.
• Market conditions: 11 units permitted in Essex County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $21k of equity ($2k loan paydown + $20k appreciation (8.7% local appreciation)).
• Essex County population projected at -30% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 148 days — a 12% lower offer ($198k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 21y ago; this cycle's ask has dropped $60k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $225k implies a 150% gain — meaningful room to come down on a strong offer.

Recommended offer $108,196 (51.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 148 days. Have you received any prior offers? Is the seller open to a 52% concession, seller financing, or rate buy-down credit?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.48% ✗
• Cap rate: 3.18%
• Cash-on-cash: -11.13%
• DSCR: 0.50
• GRM: 17.3

CMA / ARV

• ARV (median comp): $322,208
• List price: $225,000
• Delta: -30.17%
• Verdict: UNDERPRICED
• Comps: 2 within 2.0 mi

Projected returns pro-forma

8.68% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 13.4%
• Equity multiple: 2.04×
• Total profit: $65,270
• Equity at exit: $181,413

10-year hold

• IRR: 13.5%
• Equity multiple: 4.46×
• Total profit: $217,728
• Equity at exit: $370,582

Cash invested: $63,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 56 Moderately Landlord-Leaning
• State New Hampshire: 56 Moderately Landlord-Leaning · D+1
• County: — inherits STATE
• City: — inherits STATE

Has just-cause statute; 30-day notice; landlord-leaning vs. neighbors.

Methodology + full state rankings →

ZIP-level market 05903

• Home prices YoY: 5.5%
• Price-to-rent: 17.3×

Monthly cashflow live

• Estimated rent: $1,082 medium
• Mortgage (P&I): −$1,180
• Tax from tax record: −$165 /mo · $1,983/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$227
• Net cashflow: $-584

Break-even live

Break-even rent $1,821

Max offer price $121,796

Occupancy floor —

Sensitivity live

Price	-10% $-457	-5% $-521	+0% $-584	+5% $-648	+10% $-712
Rent	-10% $-670	-5% $-627	+0% $-584	+5% $-541	+10% $-499
Rate	-1.0pp $-471	-0.5pp $-527	base $-584	+0.5pp $-643	+1.0pp $-702

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $56,250
• Closing costs: $6,750
• Reserves months: —
• Total cash needed: —

Listing history 15 events

1. 2026-06-10
   status $225,000 Pending 148 DOM
2. 2026-06-09
   days on market $225,000 Active 148 DOM
3. 2026-06-08
   days on market $225,000 Active 147 DOM
4. 2026-06-08
   days on market $225,000 Active 146 DOM
5. 2026-06-05
   days on market $225,000 Active 144 DOM
6. 2026-06-03
   days on market $225,000 Active 142 DOM
7. 2026-06-02
   days on market $225,000 Active 141 DOM
8. 2026-06-01
   days on market $225,000 Active 140 DOM
9. 2026-05-31
   days on market $225,000 Active 139 DOM
10. 2026-01-12
    listed $285,000 Active 545-char remark

    Show marketing remark (545 chars)

    Owner financing available! Built from pine logs felled directly on the property, this 1981 log cabin offers authentic Vermont character on a quiet, dead-end dirt road. The home features a spacious addition with a master suite, providing a modern and comfortable update to the traditional floor plan. Master suite includes walk-in closet complete with laundry machines. With direct VAST trail access right from your driveway, this is a solid opportunity for outdoor enthusiasts looking for privacy and potential. Property is handicap accessible.

11. 2005-11-03
    soldstatus $90,000
12. 2005-11-02
    soldstatus $90,000 130-char remark

    Show marketing remark (130 chars)

    PERFECT PRIVATE SPOT AT THE END OF THE TOWN MAINTAINED ROAD. LOG HOME W/ DRILLED WELL, GARAGE. GREAT FOR YR ROUND OR VACATION USE.

13. 2005-10-28
    historical 130-char remark

    Show marketing remark (130 chars)

    PERFECT PRIVATE SPOT AT THE END OF THE TOWN MAINTAINED ROAD. LOG HOME W/ DRILLED WELL, GARAGE. GREAT FOR YR ROUND OR VACATION USE.

14. 2005-10-24
    soldstatus $50,000
15. 2005-05-03
    listed $91,000 130-char remark

    Show marketing remark (130 chars)

    PERFECT PRIVATE SPOT AT THE END OF THE TOWN MAINTAINED ROAD. LOG HOME W/ DRILLED WELL, GARAGE. GREAT FOR YR ROUND OR VACATION USE.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NH · Partial reset (capped growth)

• Current annual tax: $1,983 · $165/mo
• Projected year-2 tax: $3,444 · $287/mo
• Expected delta: +$1,461/yr (+$122/mo · 73.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 1/10 Low 7 d/yr ≥87°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,984
• − Mortgage interest: −$12,603
• − Property taxes: −$1,983
• − Insurance: −$1,125
• − Repairs & maintenance: −$1,039
• − Management: −$1,039
• − Depreciation: −$6,545
• Taxable loss: −$11,351
• Est. tax savings @ 24.0%: +$2,724
• After-tax cash flow: $-4,286/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

No district data.

Livability — West Stewartstown

• Score: 60/100
• State rank: #90
• US rank: #19434

Category grades

Amenities F Commute F Cost of living A+ Crime B+ Employment F Housing B Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 714

Population outlook (Essex County) Hauer SSP2

• Today (2025): 5,715 people
• By 2030: 5,396 · -5.6%
• By 2040: 4,680 · -18.1%
• By 2050: 4,025 · -29.6%
• By 2075: 3,104 · -45.7%
• By 2100: 2,590 · -54.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (98%)
• Race & ethnicity: White 98%
• Common ancestry: Lithuanian 11% Slovak 5% Russian 3%
• Foreign-born: 6% · Canada
• Languages at home: 78% English-only · French/Haitian/Cajun 22%

Political lean MEDSL · Essex

• 2024 margin: R (+16.0) · D 39.4% · R 55.4% · Other 5.2%
• 2008→2024 swing: -30.5pp toward R · 2008: 14.5pp · 2024: -16.0pp
• All cycles: 2024: R+16.0 2020: R+11.2 2016: R+18.0 2012: D+13.4 2008: D+14.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.68%
• Current HPI: 166.8585
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+213.2% since first listed

6 events — show timeline

• 2026-01-12 Listed $285,000 PrimeMLS
• 2005-11-03 Sold (Public Records) $90,000 Public Records
• 2005-11-02 Sold (MLS) $90,000 PrimeMLS
• 2005-10-28 Delisted — PrimeMLS
• 2005-10-24 Sold (Public Records) $50,000 Public Records
• 2005-05-03 Listed $91,000 PrimeMLS

Property tax history

+2.8%/yr

Latest (2024): $1,983 · -0.6% YoY. Source: county tax records.