13 Maple St · Lincoln, NH 03251

$575,000

4 bd · 1.5 ba · 1,484 sqft · SingleFamily public records · 262 Days on market

Built 1900 10,018 sqft lot $387/sqft · 14% above area Est $506k · 14% over ↓ 18% since listing

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Why this score? — see what drove the B- 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).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +6.1/10.0
• Schools +3.6/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +1.3/15.0

Listing remarks MLS

Rare In-Town Land Near Main Street An oversized double lot just one block from downtown, ideal for redevelopment in a location where new construction is hard to find. First time on the market in over 50 years, this in-town double-lot offering presents an exceptional opportunity to start fresh in a prime location. The existing home is older and remains on the property; however, the highest and best use is as a land opportunity, with the potential for removal of the structure and new construction. The property consists of two parcels totaling approximately 0.23 acres, which is oversized for an in-town setting. The corner-lot location offers mature trees, a sense of privacy, drive-through access, and ample parking. Buyers should perform their own due diligence regarding future use, lot configuration, and development potential. Located just one block off Main Street, within walking distance to downtown shops, restaurants, breweries, churches, and the town library. Across the street from South Peak entrance, with easy access to hiking, biking, golf, and year-round recreation. Opportunities to build new in this location are rare. This property is best suited for a buyer prepared to invest in redevelopment and capitalize on one of the area’s most desirable locations—where land value drives demand and long-term upside. Agent is related to the seller.

Key facts

• In law apartment
• Covered porch
• Separate entrance

Tags

• IN LAW APARTMENT
• PRIVATE ENTRANCE
• SEPARATE ENTRANCE
• COVERED PORCH
• FENCED IN SIDE YARD
• DOUBLE SIZED LOT

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $575k.

Deal economics

• At list price, monthly cash flow is $4k ($45k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($9k rent vs $575k).
• Recommended offer: $506k (12.0% below list) — sets the bar for market timing.
• Cap rate 14.0% vs local median 5.9% in Lincoln — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#57 in NH) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A-, housing A-; Watch: health & safety C-, schools D+, amenities F.
• Lincoln-Woodstock School District (rural): math 40% / reading 40% proficiency, ranked #140 of 171 in NH (top 82%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 115 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 487 units permitted in Grafton County in 2024 (127 in 5+ unit buildings).

Forward outlook

• In year one you build about $17k of equity ($4k loan paydown + $13k appreciation (2.2% local appreciation)).
• Grafton County population projected at -13% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (2.2% appreciation + 3.0% rent growth), your $161k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$42k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 262 days — a 12% lower offer ($506k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $55k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $506,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 262 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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 D-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. 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.
7. 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.
8. 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: 1.58% ✓
• Cap rate: 14.04%
• Cash-on-cash: 27.68%
• DSCR: 2.23
• GRM: 5.3

CMA / ARV

• ARV (median comp): $505,833
• List price: $575,000
• Delta: 13.67%
• Verdict: OVERPRICED
• Comps: 13 within 1.0 mi

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
51 Pollard Rd #1	0.41mi	4/2.0	1,620 (+9%)	2mo	$430,000	$265	62
56 Mansion Hill Dr	0.47mi	4/2.5	1,512 (+2%)	13mo	$603,000	$399	60
15 Coolidge St	0.09mi	3/2.0 (-1)	1,300 (-12%)	16mo	$435,000	$335	55
19 Pleasant St	0.17mi	3/2.0 (-1)	1,322 (-11%)	18mo	$351,000	$266	52

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

2.19% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 32.2%
• Equity multiple: 2.75×
• Total profit: $281,547
• Equity at exit: $232,900

10-year hold

• IRR: 33.3%
• Equity multiple: 5.36×
• Total profit: $701,620
• Equity at exit: $340,134

Cash invested: $161,000 (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 03251

• Home prices YoY: 0.4%
• Active inventory: 115
• Price-to-rent: 5.3×

Monthly cashflow live

• Estimated rent: $9,104 medium
• Mortgage (P&I): −$3,015
• Tax from tax record: −$223 /mo · $2,679/yr
• Insurance: −$240
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,912
• Net cashflow: $3,714

Break-even live

Break-even rent $4,403

Max offer price $575,000

Occupancy floor 54%

Sensitivity live

Price	-10% $4,040	-5% $3,877	+0% $3,714	+5% $3,551	+10% $3,389
Rent	-10% $2,995	-5% $3,354	+0% $3,714	+5% $4,074	+10% $4,433
Rate	-1.0pp $4,004	-0.5pp $3,860	base $3,714	+0.5pp $3,565	+1.0pp $3,414

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: $143,750
• Closing costs: $17,250
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
249 Pollard Rd Lincoln, NH	3.0	2.0	1652	$2,000	$1.21	45d	1	0.55mi
15 Winter Way #4 Lincoln, NH	3.0	2.5	1443	$18,000	$12.47	44d	1	0.75mi

Listing history 20 events

1. 2026-06-21
   days on market $575,000 Active 262 DOM
2. 2026-06-18
   days on market $575,000 Active 260 DOM
3. 2026-06-17
   days on market $575,000 Active 259 DOM
4. 2026-06-16
   days on market $575,000 Active 258 DOM
5. 2026-06-15
   days on market $575,000 Active 257 DOM
6. 2026-06-13
   days on market $575,000 Active 255 DOM
7. 2026-06-12
   days on market $575,000 Active 254 DOM
8. 2026-06-09
   days on market $575,000 Active 251 DOM
9. 2026-06-08
   days on market $575,000 Active 250 DOM
10. 2026-06-07
    days on market $575,000 Active 249 DOM
11. 2026-06-07
    days on market $575,000 Active 248 DOM
12. 2026-06-04
    days on market $575,000 Active 245 DOM
13. 2026-06-02
    days on market $575,000 Active 244 DOM
14. 2026-06-01
    days on market $575,000 Active 243 DOM
15. 2026-05-31
    days on market $575,000 Active 242 DOM
16. 2026-04-07
    price $575,000 1376-char remark

    Show marketing remark (1563 chars)

    Prime In-Town Location with Endless Potential The value is in the land and the location—an oversized double lot just one block from Main Street and steps from major ski areas. First time on the market in over 50 years. This well-located in-town property offers a rare chance for a buyer with vision, resources, and know-how. The existing home is older and worn and is best suited for a full renovation or removal to make way for a new build. Currently used as a 2-bedroom home on the main level with an upper-level in-law apartment, the structure includes multiple entrances, an attached one-car garage, and covered porches. While functional in the past, the true value lies in the prime location and the land. The home sits on two parcels totaling approx. 0.23 acres, which is oversized for an in-town lot. The property offers a corner-lot setting, mature trees for privacy, drive-through access, and ample parking. Options may include building new, reconfiguring the site, or holding one lot and selling the other—buyer to verify all options with the Town. Located just one block off Main Street, within walking distance to downtown shops, restaurants, breweries, churches, and the town library. Directly across the street from South Peak entrance, and close to hiking, biking, golf, and year-round recreation. This is a highly desirable location that is hard to find and impossible to duplicate. An excellent opportunity for a builder, investor, or end user looking to create something special in a high-demand area. Agent is related to the seller.

17. 2026-04-07
    price $575,000 1563-char remark

    Show marketing remark (1563 chars)

    Prime In-Town Location with Endless Potential The value is in the land and the location—an oversized double lot just one block from Main Street and steps from major ski areas. First time on the market in over 50 years. This well-located in-town property offers a rare chance for a buyer with vision, resources, and know-how. The existing home is older and worn and is best suited for a full renovation or removal to make way for a new build. Currently used as a 2-bedroom home on the main level with an upper-level in-law apartment, the structure includes multiple entrances, an attached one-car garage, and covered porches. While functional in the past, the true value lies in the prime location and the land. The home sits on two parcels totaling approx. 0.23 acres, which is oversized for an in-town lot. The property offers a corner-lot setting, mature trees for privacy, drive-through access, and ample parking. Options may include building new, reconfiguring the site, or holding one lot and selling the other—buyer to verify all options with the Town. Located just one block off Main Street, within walking distance to downtown shops, restaurants, breweries, churches, and the town library. Directly across the street from South Peak entrance, and close to hiking, biking, golf, and year-round recreation. This is a highly desirable location that is hard to find and impossible to duplicate. An excellent opportunity for a builder, investor, or end user looking to create something special in a high-demand area. Agent is related to the seller.

18. 2026-01-21
    listed $630,000 Active 1376-char remark

    Show marketing remark (1376 chars)

    Rare In-Town Land Near Main Street An oversized double lot just one block from downtown, ideal for redevelopment in a location where new construction is hard to find. First time on the market in over 50 years, this in-town double-lot offering presents an exceptional opportunity to start fresh in a prime location. The existing home is older and remains on the property; however, the highest and best use is as a land opportunity, with the potential for removal of the structure and new construction. The property consists of two parcels totaling approximately 0.23 acres, which is oversized for an in-town setting. The corner-lot location offers mature trees, a sense of privacy, drive-through access, and ample parking. Buyers should perform their own due diligence regarding future use, lot configuration, and development potential. Located just one block off Main Street, within walking distance to downtown shops, restaurants, breweries, churches, and the town library. Across the street from South Peak entrance, with easy access to hiking, biking, golf, and year-round recreation. Opportunities to build new in this location are rare. This property is best suited for a buyer prepared to invest in redevelopment and capitalize on one of the area’s most desirable locations—where land value drives demand and long-term upside. Agent is related to the seller.

19. 2025-12-02
    price $630,000 1563-char remark

    Show marketing remark (1563 chars)

    Prime In-Town Location with Endless Potential The value is in the land and the location—an oversized double lot just one block from Main Street and steps from major ski areas. First time on the market in over 50 years. This well-located in-town property offers a rare chance for a buyer with vision, resources, and know-how. The existing home is older and worn and is best suited for a full renovation or removal to make way for a new build. Currently used as a 2-bedroom home on the main level with an upper-level in-law apartment, the structure includes multiple entrances, an attached one-car garage, and covered porches. While functional in the past, the true value lies in the prime location and the land. The home sits on two parcels totaling approx. 0.23 acres, which is oversized for an in-town lot. The property offers a corner-lot setting, mature trees for privacy, drive-through access, and ample parking. Options may include building new, reconfiguring the site, or holding one lot and selling the other—buyer to verify all options with the Town. Located just one block off Main Street, within walking distance to downtown shops, restaurants, breweries, churches, and the town library. Directly across the street from South Peak entrance, and close to hiking, biking, golf, and year-round recreation. This is a highly desirable location that is hard to find and impossible to duplicate. An excellent opportunity for a builder, investor, or end user looking to create something special in a high-demand area. Agent is related to the seller.

20. 2025-10-01
    listed $699,000 Active 1563-char remark

    Show marketing remark (1563 chars)

    Prime In-Town Location with Endless Potential The value is in the land and the location—an oversized double lot just one block from Main Street and steps from major ski areas. First time on the market in over 50 years. This well-located in-town property offers a rare chance for a buyer with vision, resources, and know-how. The existing home is older and worn and is best suited for a full renovation or removal to make way for a new build. Currently used as a 2-bedroom home on the main level with an upper-level in-law apartment, the structure includes multiple entrances, an attached one-car garage, and covered porches. While functional in the past, the true value lies in the prime location and the land. The home sits on two parcels totaling approx. 0.23 acres, which is oversized for an in-town lot. The property offers a corner-lot setting, mature trees for privacy, drive-through access, and ample parking. Options may include building new, reconfiguring the site, or holding one lot and selling the other—buyer to verify all options with the Town. Located just one block off Main Street, within walking distance to downtown shops, restaurants, breweries, churches, and the town library. Directly across the street from South Peak entrance, and close to hiking, biking, golf, and year-round recreation. This is a highly desirable location that is hard to find and impossible to duplicate. An excellent opportunity for a builder, investor, or end user looking to create something special in a high-demand area. Agent is related to the seller.

ⓘ 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: $2,679 · $223/mo
• Projected year-2 tax: $7,607 · $634/mo
• Expected delta: +$4,928/yr (+$411/mo · 183.9%)

ⓘ 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 (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 8 d/yr ≥86°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $109,250
• − Mortgage interest: −$32,209
• − Property taxes: −$2,679
• − Insurance: −$2,875
• − Repairs & maintenance: −$8,740
• − Management: −$8,740
• − Depreciation: −$16,727
• Taxable income: $37,280
• Est. tax owed @ 24.0%: −$8,947
• After-tax cash flow: $35,622/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)

• District: Lincoln-Woodstock School District
• NCES district ID: 3304260
• Math proficiency: 40% ▬ 0.00%
• Reading proficiency: 40% ▼ -5.00%
• Median HH income: $45,324
• Composite: 36.47/100
• National rank: #9328
• State rank: #140 of 171 in NH

Livability — Lincoln

• Score: 68/100
• State rank: #57
• US rank: #9736

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Lincoln, NH
• Population (ZIP): 1,484

Population outlook (Grafton County) Hauer SSP2

• Today (2025): 88,798 people
• By 2030: 87,131 · -1.9%
• By 2040: 82,000 · -7.7%
• By 2050: 77,064 · -13.2%
• By 2075: 68,769 · -22.6%
• By 2100: 61,631 · -30.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Asian 12% Black 1%
• Common ancestry: Lithuanian 12% Slovak 6% Russian 3%
• Foreign-born: 12% · China, Canada, Vietnam
• Languages at home: 87% English-only · Chinese 10% French/Haitian/Cajun 1% Vietnamese 1%

Political lean MEDSL · Grafton

• 2024 margin: D (+19.9) · D 59.4% · R 39.4% · Other 1.2%
• 2008→2024 swing: -7.8pp toward R · 2008: 27.7pp · 2024: 19.9pp
• All cycles: 2024: D+19.9 2020: D+24.6 2016: D+19.0 2012: D+23.8 2008: D+27.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.19%
• Current HPI: 531.2395
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

-17.7% since first listed

5 events — show timeline

• 2026-04-07 Price Changed $575,000 PrimeMLS
• 2026-04-07 Price Changed $575,000 PrimeMLS
• 2026-01-21 Listed $630,000 PrimeMLS
• 2025-12-02 Price Changed $630,000 PrimeMLS
• 2025-10-01 Listed $699,000 PrimeMLS

Property tax history

+2.5%/yr

Latest (2024): $2,679 · +0.0% YoY. Source: county tax records.