18 W High St · Somersworth, NH 03878

$99,100

3 bd · 1.0 ba · 1,627 sqft · SingleFamily public records · 15 Days on market

Built 1840 7,405 sqft lot $61/sqft · 73% below area ↓ 49% 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
• ARV discount +7.5/15.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

This is a very unique Victorian New Englander. Classic New Englander but with beautiful features that Victorians are known for! The first floor features a fully equipped kitchen, dining room and spacious living room with wide pine flooring, as well as the full bath. Proceed up the main stairs to access master bedroom with walk-in closet and additional bedroom. The back set of stairs takes you to another bedroom, and also attic access where you can see for miles! The backyard is an oasis, with garden paths, plants and a gazebo style tent for outdoor al fresco dining. Basement also houses more finished space for entertaining or office. Additional features include amazing 3 story barn with workshop space and plenty of room for storage and all of your projects, supplies and anything else you can think of. Don't miss this opportunity to own a truly unique property! Close to major highways, shopping, downtown Somersworth, parks and recreation. Sold as-is.

Key facts

• Finished basement
• 7,405 sq ft lot
• Built 1840

Tags

• FINISHED BASEMENT
• EASY ACCESS TO HIGHWAYS
• DOWNTOWN SHOPPING CENTERS

Property features AI

Exterior

• Parking: Paved driveway
• Utilities: Public water; Public sewer; Circuit breaker electrical service; Cable internet available
• Home design: Other architectural style; Existing structure; Facing direction not specified; Entry level not specified; 1,627 total finished square footage
• Construction: Built in 1840; Wood frame construction; Asphalt shingle roof; Foundation details not specified
• Exterior features: Sloping lot; Paved driveway; Public road frontage

Interior

• Bathrooms: One full bathroom
• Heating & cooling: Steam heat
• Interior features: Six total rooms; Full basement with interior access

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $99k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $99k).
• Recommended offer: $98k (1.5% below list) — sets the bar for market timing.
• Cap rate 21.1% vs local median 3.5% in Somersworth — 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 80/100 on livability (#17 in NH, #1,853 nationally) — a professional / high-income tenant draw. Strengths: commute A+, housing A+, health & safety A+; Watch: amenities F.
• Somersworth School District (suburban): math 16% / reading 30% proficiency, ranked #93 of 98 in NH (top 95%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Market conditions: 46 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); 44% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 951 units permitted in Strafford County in 2024 (551 in 5+ unit buildings).
• This rent runs 39% of the median local income ($75k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $685 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Strafford County population projected at +7% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $28k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 15 days — a 2% lower offer ($98k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1840 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $97,613 (1.5% below list)

Questions for the listing agent

1. Built in 1840 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 2.43% ✓
• Cap rate: 21.08%
• Cash-on-cash: 52.80%
• DSCR: 3.35
• GRM: 3.4

CMA / ARV

• ARV (median comp): $373,021
• List price: $99,100
• Delta: -73.43%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
18 W High St	0.00mi	3/1.0	1,627 (0%)	1mo	$96,500	$59	100
178 High St	0.07mi	3/1.0	1,619 (-0%)	2mo	$280,000	$173	95
46 Mount Vernon St	0.23mi	3/1.5	1,701 (+4%)	7mo	$420,000	$247	74
110 Maple St	0.51mi	3/1.0	1,551 (-5%)	0mo	$440,000	$284	68
8 Myrtle St	0.31mi	3/2.0	1,752 (+8%)	3mo	$315,000	$180	66
25 Morning St	0.38mi	3/1.5	1,497 (-8%)	2mo	$499,000	$333	66
10 W High St	0.03mi	4/1.5 (+1)	1,870 (+15%)	3mo	$200,000	$107	64
2 Morning St	0.38mi	3/1.0	1,444 (-11%)	3mo	$400,000	$277	61
11 Nash Pkwy	0.47mi	4/2.0 (+1)	1,530 (-6%)	3mo	$445,000	$291	57
14 Central St	0.50mi	3/1.0	1,816 (+12%)	6mo	$315,000	$173	53
36 Winter St	0.48mi	4/2.0 (+1)	1,767 (+9%)	8mo	$425,000	$241	48
13 Guy St	0.73mi	2/1.0 (-1)	1,768 (+9%)	6mo	$410,000	$232	41

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

Projected returns pro-forma

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

5-year hold

• IRR: 50.8%
• Equity multiple: 3.23×
• Total profit: $61,740
• Equity at exit: $14,776

10-year hold

• IRR: 56.2%
• Equity multiple: 6.55×
• Total profit: $154,040
• Equity at exit: $8,568

Cash invested: $27,748 (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 03878

• Home prices YoY: -26.1%
• Active inventory: 46
• Price-to-rent: 3.4×

Monthly cashflow live

• Estimated rent: $2,412 high
• Mortgage (P&I): −$520
• Tax est. 1.5%: −$124 /mo · $1,486/yr
• Insurance: −$41
• HOA: −$0
• Vacancy / Maint / Mgmt: −$507
• Net cashflow: $1,221

Break-even live

Break-even rent $867

Max offer price $99,100

Occupancy floor 44%

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: $24,775
• Closing costs: $2,973
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
22 Green St Somersworth, NH	1.0–3.0	1.0	862	$3,050	$3.54	1d	72	0.27mi
14 Broad St Somersworth, NH	3.0	1.0	1500	$2,395	$1.60	43d	1	0.33mi
20-22 Spring St Somersworth, NH	4.0	1.0	1800	$2,750	$1.53	43d	1	0.39mi
12-14 Mount Auburn St Somersworth, NH	3.0	1.0	1200	$2,500	$2.08	20d	1	0.55mi
9 Rochester St Apt 2 Berwick, ME	3.0	1.0	1100	$2,395	$2.18	43d	1	0.62mi
7 Rocky Hill Rd Unit A Somersworth, NH	2.0	1.0	1150	$2,300	$2.00	43d	1	0.62mi
7 Rocky Hill Rd Somersworth, NH	2.0	1.0	1150	$2,200	$1.91	15d	1	0.62mi
15 Jordan St Unit 2 Berwick, ME	3.0	1.0	1300	$1,995	$1.53	18d	1	0.76mi
15 Jordan St Berwick, ME	3.0	1.0	1300	$1,995	$1.53	15d	1	0.76mi

Listing history 12 events

1. 2026-05-08
   status Pending 398-char remark
2. 2026-05-04
   price $99,100 398-char remark
3. 2026-04-23
   listed $99,000 Active 398-char remark
4. 2021-02-05
   soldstatus $226,800 Closed 963-char remark

   Show marketing remark (963 chars)

   This is a very unique Victorian New Englander. Classic New Englander but with beautiful features that Victorians are known for! The first floor features a fully equipped kitchen, dining room and spacious living room with wide pine flooring, as well as the full bath. Proceed up the main stairs to access master bedroom with walk-in closet and additional bedroom. The back set of stairs takes you to another bedroom, and also attic access where you can see for miles! The backyard is an oasis, with garden paths, plants and a gazebo style tent for outdoor al fresco dining. Basement also houses more finished space for entertaining or office. Additional features include amazing 3 story barn with workshop space and plenty of room for storage and all of your projects, supplies and anything else you can think of. Don't miss this opportunity to own a truly unique property! Close to major highways, shopping, downtown Somersworth, parks and recreation. Sold as-is.

5. 2021-01-30
   status Pending 963-char remark

   Show marketing remark (963 chars)

   This is a very unique Victorian New Englander. Classic New Englander but with beautiful features that Victorians are known for! The first floor features a fully equipped kitchen, dining room and spacious living room with wide pine flooring, as well as the full bath. Proceed up the main stairs to access master bedroom with walk-in closet and additional bedroom. The back set of stairs takes you to another bedroom, and also attic access where you can see for miles! The backyard is an oasis, with garden paths, plants and a gazebo style tent for outdoor al fresco dining. Basement also houses more finished space for entertaining or office. Additional features include amazing 3 story barn with workshop space and plenty of room for storage and all of your projects, supplies and anything else you can think of. Don't miss this opportunity to own a truly unique property! Close to major highways, shopping, downtown Somersworth, parks and recreation. Sold as-is.

6. 2020-12-07
   historical Active with Contract 963-char remark

   Show marketing remark (963 chars)

   This is a very unique Victorian New Englander. Classic New Englander but with beautiful features that Victorians are known for! The first floor features a fully equipped kitchen, dining room and spacious living room with wide pine flooring, as well as the full bath. Proceed up the main stairs to access master bedroom with walk-in closet and additional bedroom. The back set of stairs takes you to another bedroom, and also attic access where you can see for miles! The backyard is an oasis, with garden paths, plants and a gazebo style tent for outdoor al fresco dining. Basement also houses more finished space for entertaining or office. Additional features include amazing 3 story barn with workshop space and plenty of room for storage and all of your projects, supplies and anything else you can think of. Don't miss this opportunity to own a truly unique property! Close to major highways, shopping, downtown Somersworth, parks and recreation. Sold as-is.

7. 2020-11-30
   listed $224,900 Active 963-char remark

   Show marketing remark (963 chars)

   This is a very unique Victorian New Englander. Classic New Englander but with beautiful features that Victorians are known for! The first floor features a fully equipped kitchen, dining room and spacious living room with wide pine flooring, as well as the full bath. Proceed up the main stairs to access master bedroom with walk-in closet and additional bedroom. The back set of stairs takes you to another bedroom, and also attic access where you can see for miles! The backyard is an oasis, with garden paths, plants and a gazebo style tent for outdoor al fresco dining. Basement also houses more finished space for entertaining or office. Additional features include amazing 3 story barn with workshop space and plenty of room for storage and all of your projects, supplies and anything else you can think of. Don't miss this opportunity to own a truly unique property! Close to major highways, shopping, downtown Somersworth, parks and recreation. Sold as-is.

8. 2007-08-31
   soldstatus $205,000

   Show marketing remark (242 chars)

   The best of old & new! New roof & windows, plus renovated kitchen & bath. Gleaming wide pine floors, double staircase, walk out basement to lovely backyard. Walk up attic for storage or future expansion Plus 3 story barn!!!!

9. 2007-07-27
   historical

   Show marketing remark (242 chars)

   The best of old & new! New roof & windows, plus renovated kitchen & bath. Gleaming wide pine floors, double staircase, walk out basement to lovely backyard. Walk up attic for storage or future expansion Plus 3 story barn!!!!

10. 2007-07-11
    listed $205,000

    Show marketing remark (242 chars)

    The best of old & new! New roof & windows, plus renovated kitchen & bath. Gleaming wide pine floors, double staircase, walk out basement to lovely backyard. Walk up attic for storage or future expansion Plus 3 story barn!!!!

11. 2004-10-28
    soldstatus $189,900
12. 2004-08-22
    listed $189,900

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 24% 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: $28,949
• − Mortgage interest: −$5,551
• − Property taxes: −$1,486
• − Insurance: −$496
• − Repairs & maintenance: −$2,316
• − Management: −$2,316
• − Depreciation: −$2,883
• Taxable income: $13,901
• Est. tax owed @ 24.0%: −$3,336
• After-tax cash flow: $11,315/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: Somersworth School District
• NCES district ID: 3306240
• Math proficiency: 16% ▼ -21.00%
• Reading proficiency: 30% ▼ -12.00%
• Median HH income: $55,501
• Composite: 20.87/100
• National rank: #8496
• State rank: #93 of 98 in NH

Livability — Somersworth

• Score: 80/100
• State rank: #17
• US rank: #1853

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Somersworth, NH
• County: Strafford County · 75,181 people
• City population: 12,205
• Metro: Boston-Cambridge-Newton, MA-NH
• Population (ZIP): 12,205
• Household income: $75,136
• Rent vs Own: 42.0% rent · 58.0% own
• Severe rent burden: 560.0

Population outlook (Strafford County) Hauer SSP2

• Today (2025): 132,503 people
• By 2030: 135,377 · +2.2%
• By 2040: 139,609 · +5.4%
• By 2050: 141,803 · +7.0%
• By 2075: 149,280 · +12.7%
• By 2100: 148,667 · +12.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Two or more races 9% Hispanic / Latino 6% Asian 3% Black 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Lithuanian 13% Romanian 3% Slovak 3%
• Foreign-born: 6% · Canada, Jamaica, China
• Languages at home: 94% English-only · Other Asian/Pacific 2% Spanish 2%

Political lean MEDSL · Strafford

• 2024 margin: D (+12.1) · D 55.5% · R 43.5% · Other 1.0%
• 2008→2024 swing: -8.3pp toward R · 2008: 20.4pp · 2024: 12.1pp
• All cycles: 2024: D+12.1 2020: D+15.2 2016: D+8.6 2012: D+14.5 2008: D+20.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -119.70%
• Current HPI: 338.5583
• Rent YoY: —
• Metro: Boston-Cambridge-Newton, MA-NH
• State GDP YoY: —
• F500 in state: 0

Price history

-49.2% since first listed

13 events — show timeline

• 2026-06-03 Sold (MLS) $96,500 PrimeMLS
• 2026-05-08 Pending — PrimeMLS
• 2026-05-04 Price Changed $99,100 PrimeMLS
• 2026-04-23 Listed $99,000 PrimeMLS
• 2021-02-05 Sold (MLS) $226,800 PrimeMLS
• 2021-01-30 Pending — PrimeMLS
• 2020-12-07 Contingent — PrimeMLS
• 2020-11-30 Listed $224,900 PrimeMLS
• 2007-08-31 Sold (MLS) $205,000 PrimeMLS
• 2007-07-27 Delisted — PrimeMLS
• 2007-07-11 Listed $205,000 PrimeMLS
• 2004-10-28 Sold (MLS) $189,900 PrimeMLS
• 2004-08-22 Listed $189,900 PrimeMLS

Property tax history

+4.3%/yr

Latest (2024): $6,089 · +14.6% YoY. Source: county tax records.