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310 Old Chatham Unit A-134
B+ Composite 76.19
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
  • ARV discount +15.0/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Schools +3.2/10.0
  • Livability +3.2/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$46,000

310 Old Chatham Unit A-134 · South Dennis, MA 02660
2 bd · 1.0 ba · 415 sqft · Manufactured · 10 Days on market
Built 2005 Fair condition Est $77k · 40% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Your summer getaway awaits in one of the best and most central locations on Cape Cod! Enjoy all the on-site amenities like the swimming pool, basketball, horseshoes, picnic/BBQ area, playground and more! You can also venture out to the nearby Rail Trail, one of Dennis' many local beaches on both the bay and ocean side or explore your favorite Main St for shopping and restaurants in Harwich Port, Chatham and Hyannis. You won't find a more affordable option to enjoy the best time of the year in one of the most magical places. Don't let this one get away!!

Key facts

  • Brand-new playground
  • Clubhouse
  • Storage shed

Tags

OUTDOOR PATIOSTORAGE SHEDBEAUTIFUL POOLBRAND-NEW PLAYGROUNDCLUBHOUSEGAME ROOM

Property features AI

Finance

  • Other: Located within a community with a community room and common area
  • HOA & community: Part of an association; Association amenities include playground, trash service, pool, landscaping, recreation room and common areas; Association fee assessed annually (fee amount listed by provider)

Exterior

  • Parking: Parking for 1 vehicle
  • Utilities: Private sewer
  • Home design: Mobile home; Updated/remodeled condition; Built in 2005
  • Construction: Other roof type
  • Exterior features: No notable exterior features listed; North of Route 28 and south of 6A; Paved road access; Community pool

Interior

  • Kitchen: Electric range; Refrigerator
  • Bedrooms: Master bedroom on the first floor; Second bedroom on the first floor
  • Flooring: Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Has heating; Has cooling
  • Interior features: Vinyl flooring; Patio
  • Laundry & utility: Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath manufactured listed at $46k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $854 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($1k rent vs $46k).
  • Cap rate 28.6% vs local median 2.1% in South Dennis — 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 65/100 on livability (#183 in MA) — a middle-class / working-renter tenant base. Strengths: crime A+, health & safety A, employment A-; Watch: schools D+, amenities F, commute F.
  • Dennis-Yarmouth (suburban): math 31% / reading 42% proficiency, ranked #222 of 302 in MA (top 74%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 27 active listings in the ZIP; 657 units permitted in Barnstable County in 2024 (178 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $318 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
  • Barnstable County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $13k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 2y 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.
  • Current owner paid $30k; list at $46k implies a 53% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

  • Climate carrying-cost: severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→20/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $46,000

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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?
  4. 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.
  5. 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.
  6. 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
3.22%
Cap rate
28.57%
Cash-on-cash
79.57%
DSCR
4.54
GRM
2.6

CMA / ARV

ARV (on-the-fly)
$77,190
Comps found
10
Show comp detail 10 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
310 Old Chahtam Rd Unit G 8 0.00mi 2/1.0 420 (+1%) 2mo $89,900 $214 97
310 Old Chatham Rd Unit 98A 0.11mi 2/1.5 432 (+4%) 1mo $119,900 $278 85
310 Old Chatham Rd Rd Unit A98 0.11mi 2/1.5 432 (+4%) 1mo $119,900 $278 85
310 Old Chatham Rd Unit A-134 0.00mi 1/1.0 (-1) 415 (0%) 13mo $30,000 $72 84
310 Old Chatham Rd Unit C-12 0.00mi 3/1.0 (+1) 406 (-2%) 12mo $69,900 $172 81
310 Old Chatham Rd Unit C11 0.00mi 1/1.0 (-1) 396 (-5%) 10mo $55,000 $139 79
310 Old Chatham Rd Unit A-76 0.00mi 2/1.0 425 (+2%) 21mo $40,000 $94 79
310 Old Chatham Rd Unit C-17 0.00mi 3/1.0 (+1) 440 (+6%) 10mo $81,900 $186 77
310 Old Chatham Rd Unit A-88 0.11mi 2/1.0 444 (+7%) 23mo $90,000 $203 64
310 Old Chatham Rd Unit H5 0.00mi 2/1.0 370 (-11%) 23mo $25,000 $68 63

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
79.7%
Equity multiple
4.65×
Total profit
$46,964
Equity at exit
$6,859
10-year hold
IRR
83.2%
Equity multiple
9.62×
Total profit
$111,028
Equity at exit
$3,977

Cash invested: $12,880 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
20 Strongly Tenant-Friendly
State Massachusetts
20 Strongly Tenant-Friendly · D+15
County
— inherits STATE
City
— inherits STATE
Cambridge / Boston historically rent-controlled (preempted 1994 but consideration ongoing); strong tenant protections; court backlogs.

ZIP-level market 02660

Home prices YoY
-25.4%
Active inventory
27
Price-to-rent
2.6×

Monthly cashflow live

Estimated rent
$1,483 medium interval (Pro) →
Mortgage (P&I)
$241
Tax est. 1.5%
$58 /mo · $690/yr
Insurance
$19
HOA
$0
Vacancy / Maint / Mgmt
$312
Net cashflow
$854

Break-even live

Break-even rent $402
Max offer price $46,000
Occupancy floor 37%

Sensitivity live

Price -10% $886 -5% $870 +0% $854 +5% $838 +10% $822
Rent -10% $737 -5% $795 +0% $854 +5% $913 +10% $971
Rate -1.0pp $877 -0.5pp $866 base $854 +0.5pp $842 +1.0pp $830

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
$11,500
Closing costs
$1,380
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 22 events

  1. 2026-06-21
    days on market $46,000 Active 10 DOM
  2. 2026-06-19
    days on market $46,000 Active 8 DOM
  3. 2026-06-18
    days on market $46,000 Active 7 DOM
  4. 2026-06-17
    days on market $46,000 Active 6 DOM
  5. 2026-06-16
    days on market $46,000 Active 5 DOM
  6. 2026-06-15
    statusdays on market $46,000 Active 4 DOM
  7. 2026-06-14
    days on market $46,000 New 2 DOM
  8. 2026-06-12
    statusdays on marketlisting id $46,000 New 1 DOM
  9. 2026-06-09
    days on market $46,000 Active 18 DOM
  10. 2026-06-08
    days on market $46,000 Active 17 DOM
  11. 2026-06-07
    days on market $46,000 Active 16 DOM
  12. 2026-06-04
    days on market $46,000 Active 12 DOM
  13. 2026-06-02
    days on market $46,000 Active 11 DOM
  14. 2026-06-01
    days on market $46,000 Active 10 DOM
  15. 2026-05-31
    days on market $46,000 Active 9 DOM
  16. 2026-05-31
    days on market $46,000 Active 8 DOM
  17. 2026-05-22
    listed $46,000 Active
  18. 2025-06-03
    soldstatus $30,000 Closed 559-char remark
    Show marketing remark (559 chars)

    Your summer getaway awaits in one of the best and most central locations on Cape Cod! Enjoy all the on-site amenities like the swimming pool, basketball, horseshoes, picnic/BBQ area, playground and more! You can also venture out to the nearby Rail Trail, one of Dennis' many local beaches on both the bay and ocean side or explore your favorite Main St for shopping and restaurants in Harwich Port, Chatham and Hyannis. You won't find a more affordable option to enjoy the best time of the year in one of the most magical places. Don't let this one get away!!

  19. 2025-05-25
    status Pending 559-char remark
    Show marketing remark (559 chars)

    Your summer getaway awaits in one of the best and most central locations on Cape Cod! Enjoy all the on-site amenities like the swimming pool, basketball, horseshoes, picnic/BBQ area, playground and more! You can also venture out to the nearby Rail Trail, one of Dennis' many local beaches on both the bay and ocean side or explore your favorite Main St for shopping and restaurants in Harwich Port, Chatham and Hyannis. You won't find a more affordable option to enjoy the best time of the year in one of the most magical places. Don't let this one get away!!

  20. 2025-03-05
    status Active 559-char remark
    Show marketing remark (559 chars)

    Your summer getaway awaits in one of the best and most central locations on Cape Cod! Enjoy all the on-site amenities like the swimming pool, basketball, horseshoes, picnic/BBQ area, playground and more! You can also venture out to the nearby Rail Trail, one of Dennis' many local beaches on both the bay and ocean side or explore your favorite Main St for shopping and restaurants in Harwich Port, Chatham and Hyannis. You won't find a more affordable option to enjoy the best time of the year in one of the most magical places. Don't let this one get away!!

  21. 2025-03-02
    historical 559-char remark
    Show marketing remark (559 chars)

    Your summer getaway awaits in one of the best and most central locations on Cape Cod! Enjoy all the on-site amenities like the swimming pool, basketball, horseshoes, picnic/BBQ area, playground and more! You can also venture out to the nearby Rail Trail, one of Dennis' many local beaches on both the bay and ocean side or explore your favorite Main St for shopping and restaurants in Harwich Port, Chatham and Hyannis. You won't find a more affordable option to enjoy the best time of the year in one of the most magical places. Don't let this one get away!!

  22. 2024-09-01
    listed $39,000 Active 559-char remark
    Show marketing remark (559 chars)

    Your summer getaway awaits in one of the best and most central locations on Cape Cod! Enjoy all the on-site amenities like the swimming pool, basketball, horseshoes, picnic/BBQ area, playground and more! You can also venture out to the nearby Rail Trail, one of Dennis' many local beaches on both the bay and ocean side or explore your favorite Main St for shopping and restaurants in Harwich Port, Chatham and Hyannis. You won't find a more affordable option to enjoy the best time of the year in one of the most magical places. Don't let this one get away!!

ⓘ 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 3/10 Moderate
  • 🌡 Heat 5/10 Major 7 d/yr ≥85°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$17,802
− Mortgage interest
−$2,577
− Property taxes
−$690
− Insurance
−$230
− Repairs & maintenance
−$1,424
− Management
−$1,424
− Depreciation
−$1,338
Taxable income
$10,119
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,428
After-tax cash flow
$7,820/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.

Condition & rehab AI · 12 photos

Fair 45/100 Cosmetic rehab

This mobile home is in fair condition with cosmetic repairs needed. It offers a good opportunity for a quick fix-up to enhance its resale and rental value.

Repairs flagged

  • Minor kitchen appliances — dated and worn
  • Minor bathroom fixtures — dated and worn
  • Minor exterior siding — weathered and faded
  • Minor deck — worn and needs refinishing

Value-add opportunities

  • Resale paint interior walls — enhances curb appeal and interior aesthetics
  • Resale replace kitchen appliances — modernizes the kitchen and improves functionality
  • Both repair deck — improves curb appeal and adds usable outdoor space

Renovation cost estimate screening

Repair itemSeverityEst. cost
kitchen appliances · dated and worn Minor $500–3,000
bathroom fixtures · dated and worn Minor $500–3,000
exterior siding · weathered and faded Minor $500–3,000
deck · worn and needs refinishing Minor $500–3,000
Total estimated repair cost · 4 items $2,000–12,000

Value-add ROI direction

  • Resale paint interior walls — enhances curb appeal and interior aesthetics
  • Resale replace kitchen appliances — modernizes the kitchen and improves functionality
  • Both repair deck — improves curb appeal and adds usable outdoor space

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Dennis-Yarmouth
NCES district ID
2504140
Math proficiency
31% ▼ -11.00%
Reading proficiency
42% ▼ -2.00%
Median HH income
$54,049
Composite
31.94/100
National rank
#5845
State rank
#222 of 302 in MA

Livability — South Dennis

Score
65/100
State rank
#183
US rank
#12692

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
South Dennis, MA
City population
6,767
Population (ZIP)
6,767

Population outlook (Barnstable County) Hauer SSP2

Today (2025)
208,497 people
By 2030
202,530 · -2.9%
By 2040
184,936 · -11.3%
By 2050
167,489 · -19.7%
By 2075
144,938 · -30.5%
By 2100
117,312 · -43.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (92%)
Race & ethnicity
White 92% Hispanic / Latino 3% Black 2% Two or more races 1%
Common ancestry
Slovak 7% Lithuanian 5% Romanian 3%
Foreign-born
4% · Canada
Languages at home
97% English-only · Other Indo-European 1% Spanish 1% French/Haitian/Cajun 1%

Political lean MEDSL · Barnstable

2024 margin
Strong D (+20.8) · D 59.6% · R 38.9% · Other 1.5%
2008→2024 swing
+6.7pp toward D · 2008: 14.0pp · 2024: 20.8pp
All cycles
2024: D+20.8 2020: D+24.4 2016: D+13.4 2012: D+7.6 2008: D+14.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -125.70%
Current HPI
368.8683
Rent YoY
Metro
State GDP YoY
▲ 2.28%
F500 in state
38

Industry mix (Fortune 500 HQ in MA)

Industry F500 HQs Revenue

Price history

+17.9% since first listed
6 events — show timeline
  • 2026-05-22 Listed $46,000 CCIMLS
  • 2025-06-03 Sold (MLS) $30,000 CCIMLS
  • 2025-05-25 Pending CCIMLS
  • 2025-03-05 Relisted CCIMLS
  • 2025-03-02 Listing Removed CCIMLS
  • 2024-09-01 Listed $39,000 CCIMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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