56 Seasons Ln · Londonderry, NH 03053

$349,900

3 bd · 1.5 ba · 1,936 sqft · SingleFamily public records · 4 Days on market

Built 1994 1.00 ac lot

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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).

• Cash flow +16.5/30.0
• ARV discount +7.5/15.0
• 1% rule +5.1/10.0
• DSCR +5.1/10.0
• Schools +4.7/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

JUST LIKE NEW CONTEMPORARY MINUTES FROM I93 EXIT 4 OR 5. SPARKLING HARDWOOD FLOORS, LARGE EATIN KITCHEN, OIL HEAT, WALK THRU FROM MB TO BATH BEAUTIFULLY LANDSCAPED YARD AND SO MUCH MORE. VERY EASY TO SHOW.

Key facts

• 1 acre lot
• 2 garage spots
• Built 1994

Property features AI

Exterior

• Parking: 2-car garage
• Utilities: Private water; Private sewer; 200 amp electric service; High-speed internet available; Cable and telephone available
• Home design: Contemporary style; Brown exterior; Existing single-family property
• Construction: Built in 1994; Wood frame construction; Asphalt shingle roof
• Exterior features: Wooded lot; Paved driveway; Public road frontage (207 ft)

Interior

• Bedrooms: Master bedroom on 2nd level; Two additional bedrooms on 2nd level
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Hot water heat
• Interior features: 7 total rooms; Basement with interior access and concrete construction

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $203 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $350k).
• Cap rate 7.0% vs local median 2.6% in Londonderry — 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 (#16 in NH, #1,834 nationally) — a professional / high-income tenant draw. Strengths: crime A+, employment A+, housing A+; Watch: cost of living D, amenities F, commute F.
• Londonderry School District (suburban): math 42% / reading 58% proficiency, ranked #27 of 98 in NH (top 28%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 8% free/reduced lunch — higher-income household profile.
• Market conditions: 77 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 1,276 units permitted in Rockingham County in 2024 (593 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.

Negotiation context

• Only 4 days on market — expect competitive offers; lowballing is unlikely to land.
• 2 sale attempts since 28y 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 $174k; list at $350k implies a 102% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wind risk, 26% chance of damaging wind over 30y — expect insurance premiums to compound above CPI over the hold.

Recommended offer $349,900

Questions for the listing agent

1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
2. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
3. 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?
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: 1.01% ✓
• Cap rate: 6.99%
• Cash-on-cash: 2.49%
• DSCR: 1.11
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $716,320
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
41 Seasons Ln	0.15mi	3/2.0	1,832 (-5%)	20mo	$593,000	$324	65
26 Seasons	0.44mi	4/3.0 (+1)	2,000 (+3%)	7mo	$740,000	$370	57
37 Seasons Ln	0.21mi	3/2.5	1,709 (-12%)	15mo	$660,000	$386	54
12 Snowflake Ln	0.52mi	3/2.0	2,156 (+11%)	1mo	$685,000	$318	54
12 Seasons Ln	0.63mi	3/2.0	1,768 (-9%)	14mo	$660,000	$373	43
18 Judy Dr	0.68mi	3/3.0	1,992 (+3%)	19mo	$685,000	$344	42

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: -12.3%
• Equity multiple: 0.56×
• Total profit: $-43,596
• Equity at exit: $52,171

10-year hold

• IRR: -3.1%
• Equity multiple: 0.79×
• Total profit: $-20,643
• Equity at exit: $30,253

Cash invested: $97,972 (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 03053

• Active inventory: 77
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $3,540 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$612 /mo · $7,350/yr
• Insurance: −$146
• HOA: −$0
• Vacancy / Maint / Mgmt: −$743
• Net cashflow: $203

Break-even live

Break-even rent $3,283

Max offer price $349,900

Occupancy floor 89%

Sensitivity live

Price	-10% $401	-5% $302	+0% $203	+5% $104	+10% $5
Rent	-10% $-76	-5% $63	+0% $203	+5% $343	+10% $483
Rate	-1.0pp $379	-0.5pp $292	base $203	+0.5pp $113	+1.0pp $20

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: $87,475
• Closing costs: $10,497
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
41 Governor Bell Dr Londonderry, NH	1.0–3.0	1.0–2.0	1144	$4,482	$3.92	0d	12	1.17mi
38 Maple St Unit 6/MAP Derry, NH	2.0	1.5	1710	$2,800	$1.64	14d	1	1.25mi
30 Main St Londonderry, NH	1.0–3.0	1.0–2.0	1175	$3,700	$3.15	0d	10	1.31mi
7 Howard St Derry, NH	3.0	2.0	1889	$3,500	$1.85	25d	1	1.33mi

Listing history 4 events

1. 2026-06-09
   status $349,900 Pending 4 DOM
2. 2026-06-08
   days on market $349,900 Active 4 DOM
3. 2026-06-07
   remarks 640-char remark
4. 2026-06-07
   listed $349,900 Active 3 DOM

ⓘ 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: $7,350 · $612/mo
• Projected year-2 tax: $7,489 · $624/mo
• Expected delta: +$139/yr (+$12/mo · 1.9%)

ⓘ 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 2/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥95°F today · 15 d/yr by 30 yrs out
• 💨 Wind 5/10 Major 26% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $42,477
• − Mortgage interest: −$19,600
• − Property taxes: −$7,350
• − Insurance: −$1,750
• − Repairs & maintenance: −$3,398
• − Management: −$3,398
• − Depreciation: −$10,179
• Taxable loss: −$3,197
• Est. tax savings @ 24.0%: +$767
• After-tax cash flow: $3,206/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: Londonderry School District
• NCES district ID: 3304410
• Math proficiency: 42% ▼ -8.00%
• Reading proficiency: 58% ▼ -5.00%
• Median HH income: $91,272
• Composite: 46.67/100
• National rank: #2404
• State rank: #27 of 98 in NH

Livability — Londonderry

• Score: 80/100
• State rank: #16
• US rank: #1834

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 25,930

Population outlook (Rockingham County) Hauer SSP2

• Today (2025): 316,118 people
• By 2030: 320,929 · +1.5%
• By 2040: 323,358 · +2.3%
• By 2050: 314,977 · -0.4%
• By 2075: 297,686 · -5.8%
• By 2100: 256,363 · -18.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (92%)
• Race & ethnicity: White 92% Two or more races 4% Hispanic / Latino 4% Asian 1%
• Common ancestry: Lithuanian 7% Romanian 4% Slovak 4%
• Foreign-born: 4% · Canada, South Korea
• Languages at home: 95% English-only · Spanish 2% Other Indo-European 1% French/Haitian/Cajun 1%

Political lean MEDSL · Rockingham

• 2024 margin: Toss-up / Even · D 48.3% · R 50.8%
• 2008→2024 swing: -3.5pp toward R · 2008: 1.1pp · 2024: -2.4pp
• All cycles: 2024: R+2.4 2020: D+2.1 2016: R+5.8 2012: R+4.5 2008: D+1.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -308.17%
• Current HPI: 319.5718
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Price history

+94.5% since first listed

3 events — show timeline

• 2026-06-04 Listed $349,900 PrimeMLS
• 1999-04-01 Sold (MLS) $173,500 PrimeMLS
• 1998-12-08 Listed $179,900 PrimeMLS

Property tax history

+2.5%/yr

Latest (2024): $7,350 · +3.1% YoY. Source: county tax records.