77 Brookside Rd · Winchendon, MA 03447

$145,500

2 bd · 1.0 ba · 767 sqft · Manufactured public records · 93 Days on market

Built 2014 5,227 sqft lot $190/sqft · 121% above area $154/mo HOA · 8% of rent

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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 +25.1/30.0
• Appreciation +10.0/10.0
• 1% rule +8.3/10.0
• DSCR +8.2/10.0
• ARV discount +7.5/15.0
• Livability +3.6/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to your sweetest little summer escape! ?? This adorable 2014 seasonal park model home, complete with a cozy addition, charming screened porch, and spacious front deck, offers the perfect blend of comfort and fun—just like a true home away from home. Step inside to a bright and inviting living room, then up into a beautifully laid-out kitchen featuring full-size appliances, abundant cabinetry, a breakfast bar, and a dining area highlighted by a warm, welcoming fireplace. Whether you're hosting family dinners or enjoying a quiet morning coffee, this space is sure to make you smile. The main level offers a lovely bedroom with twin closets and TV, along with a ¾ bath. There’s also a fun loft space—perfect for the kids or extra storage! Outside, you’ll find a hardwired gas grill ready for summer cookouts, a large shed with washer and dryer included, and a peaceful firepit area where you can unwind to the soothing sounds of the nearby babbling brook. And the lifestyle? Simply unbeatable. Your seasonal fee includes electric, water, sewer, and trash—making it easy to relax and enjoy. Spend your days fishing, swimming, boating, or floating on beautiful Sip Pond. This gated community also features a pool, beach access, boat launch, tennis and basketball courts, playground, horseshoes, and so much more. Plus, there’s a full calendar of activities for both kids and adults! Located just over the Massachusetts border in Fitzwilliam, NH, this special getaway is ready to welcome its next owners. Don’t miss your chance to make this magical summer retreat yours—before the season is in full swing!

Key facts

• Cozy addition
• Spacious front deck
• Bright living room

Tags

• SEASONAL PARK MODEL HOME
• COZY ADDITION
• SCREENED PORCH
• SPACIOUS FRONT DECK
• BRIGHT LIVING ROOM
• LAID-OUT KITCHEN

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath manufactured listed at $146k.

Deal economics

• At list price, monthly cash flow is $324 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $146k).
• Recommended offer: $132k (9.0% below list) — sets the bar for market timing.
• Cap rate 9.0% vs local median 4.2% in Winchendon — 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 71/100 on livability (#125 in MA) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+, crime A-; Watch: schools F, amenities F.
• Monadnock Regional School District (rural): math 25% / reading 36% proficiency, ranked #82 of 98 in NH (top 84%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 166 units permitted in Cheshire County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $16k of equity ($1k loan paydown + $15k appreciation (10.0% local appreciation)).
• Cheshire County population projected at -18% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $41k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 3, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 93 days — a 9% lower offer ($132k) is reasonable based on typical stale-listing flexibility.

Recommended offer $132,405 (9.0% below list)

Questions for the listing agent

1. It's been on market 93 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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: 1.33% ✓
• Cap rate: 8.96%
• Cash-on-cash: 9.53%
• DSCR: 1.42
• GRM: 6.2

CMA / ARV

• ARV (median comp): $65,761
• List price: $145,500
• Delta: 121.26%
• Verdict: OVERPRICED
• Comps: 2 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
63 Brook Side Rd	0.02mi	2/1.0	760 (-1%)	13mo	$135,000	$178	87
76 Lakeside Dr	0.33mi	2/1.0	748 (-2%)	11mo	$65,000	$87	72
94 Lakeside Dr	0.33mi	3/1.5 (+1)	716 (-7%)	24mo	$125,000	$175	47

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

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 31.3%
• Equity multiple: 3.45×
• Total profit: $100,012
• Equity at exit: $131,078

10-year hold

• IRR: 27.1%
• Equity multiple: 7.84×
• Total profit: $278,615
• Equity at exit: $282,674

Cash invested: $40,740 (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.

Methodology + full state rankings →

ZIP-level market 03447

• Home prices YoY: 24.0%
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,941 medium
• Mortgage (P&I): −$763
• Tax from tax record: −$232 /mo · $2,786/yr
• Insurance: −$61
• HOA: −$154
• Vacancy / Maint / Mgmt: −$408
• Net cashflow: $324

Break-even live

Break-even rent $1,531

Max offer price $145,500

Occupancy floor 78%

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: $36,375
• Closing costs: $4,365
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $154 · $1,848/yr
• Likely covers: watersewertrashgaselectricpoolsecurity

Listing history 17 events

1. 2026-06-19
   days on market $145,500 Active 93 DOM
2. 2026-06-18
   days on market $145,500 Active 92 DOM
3. 2026-06-17
   days on market $145,500 Active 91 DOM
4. 2026-06-16
   days on market $145,500 Active 90 DOM
5. 2026-06-15
   days on market $145,500 Active 89 DOM
6. 2026-06-14
   days on market $145,500 Active 87 DOM
7. 2026-06-12
   pricedays on market $145,500 Active 86 DOM
8. 2026-06-09
   days on market $165,000 Active 83 DOM
9. 2026-06-08
   days on market $165,000 Active 82 DOM
10. 2026-06-07
    days on market $165,000 Active 81 DOM
11. 2026-06-07
    days on market $165,000 Active 80 DOM
12. 2026-06-03
    days on market $165,000 Active 77 DOM
13. 2026-06-02
    days on market $165,000 Active 76 DOM
14. 2026-06-01
    days on market $165,000 Active 75 DOM
15. 2026-05-31
    days on market $165,000 Active 74 DOM
16. 2026-05-30
    days on market $165,000 Active 73 DOM
17. 2026-03-18
    listed $165,000 Active 1668-char remark

    Show marketing remark (1668 chars)

    Welcome to your sweetest little summer escape! ?? This adorable 2014 seasonal park model home, complete with a cozy addition, charming screened porch, and spacious front deck, offers the perfect blend of comfort and fun—just like a true home away from home. Step inside to a bright and inviting living room, then up into a beautifully laid-out kitchen featuring full-size appliances, abundant cabinetry, a breakfast bar, and a dining area highlighted by a warm, welcoming fireplace. Whether you're hosting family dinners or enjoying a quiet morning coffee, this space is sure to make you smile. The main level offers a lovely bedroom with twin closets and TV, along with a ¾ bath. There’s also a fun loft space—perfect for the kids or extra storage! Outside, you’ll find a hardwired gas grill ready for summer cookouts, a large shed with washer and dryer included, and a peaceful firepit area where you can unwind to the soothing sounds of the nearby babbling brook. And the lifestyle? Simply unbeatable. Your seasonal fee includes electric, water, sewer, and trash—making it easy to relax and enjoy. Spend your days fishing, swimming, boating, or floating on beautiful Sip Pond. This gated community also features a pool, beach access, boat launch, tennis and basketball courts, playground, horseshoes, and so much more. Plus, there’s a full calendar of activities for both kids and adults! Located just over the Massachusetts border in Fitzwilliam, NH, this special getaway is ready to welcome its next owners. Don’t miss your chance to make this magical summer retreat yours—before the season is in full swing!

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

Tax reassessment forecast MA · Partial reset (capped growth)

• Current annual tax: $2,786 · $232/mo
• Projected year-2 tax: $2,786 · $232/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

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

Taxation est. · year 1

• Rental income: $23,293
• − Mortgage interest: −$8,150
• − Property taxes: −$2,786
• − Insurance: −$728
• − Repairs & maintenance: −$1,863
• − Management: −$1,863
• − HOA: −$1,848
• − Depreciation: −$4,233
• Taxable income: $1,822
• Est. tax owed @ 24.0%: −$437
• After-tax cash flow: $3,447/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: Monadnock Regional School District
• NCES district ID: 3304890
• Math proficiency: 25% ▼ -16.00%
• Reading proficiency: 36% ▼ -6.00%
• Median HH income: $56,314
• Composite: 27.18/100
• National rank: #7024
• State rank: #82 of 98 in NH

Livability — Winchendon

• Score: 71/100
• State rank: #125
• US rank: #6726

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 2,317

Population outlook (Cheshire County) Hauer SSP2

• Today (2025): 74,613 people
• By 2030: 72,495 · -2.8%
• By 2040: 66,778 · -10.5%
• By 2050: 60,963 · -18.3%
• By 2075: 49,511 · -33.6%
• By 2100: 39,687 · -46.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 8% Hispanic / Latino 7%
• Hispanic origin (detail): Puerto Rican 6%
• Common ancestry: Lithuanian 11% Romanian 7% Slovene 4%
• Foreign-born: 2% · Canada
• Languages at home: 94% English-only · Spanish 5% French/Haitian/Cajun 1%

Political lean MEDSL · Cheshire

• 2024 margin: Lean D (+9.8) · D 54.4% · R 44.6% · Other 1.1%
• 2008→2024 swing: -17.8pp toward R · 2008: 27.6pp · 2024: 9.8pp
• All cycles: 2024: D+9.8 2020: D+17.2 2016: D+12.6 2012: D+24.8 2008: D+27.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 76.42%
• Current HPI: 394.7824
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.28%
• F500 in state: 38

Industry mix (Fortune 500 HQ in MA)

Industry	F500 HQs	Revenue
▸Technology	3	$17B
▸Insurance	2	$84B
▸Retail	2	$76B
▸Life Sciences	1	$43B
▸Energy Technology	1	$31B
▸Aerospace / Defense	1	$18B

Price history

1 event — show timeline

• 2026-03-18 Listed $165,000 PrimeMLS

Property tax history

+7.8%/yr

Latest (2024): $2,786 · +8.0% YoY. Source: county tax records.