136 Mammoth Rd #26 · South Hooksett, NH 03106

$199,500

2 bd · 1.0 ba · 891 sqft · Condo · 10 Days on market

Built 1973 $445/mo HOA · 20% of rent

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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 +11.7/30.0
• ARV discount +7.5/15.0
• 1% rule +6.2/10.0
• Schools +5.0/10.0
• Livability +3.8/5.0
• DSCR +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

THIS 2 BR DELUXE OFFERS A FRESHLY PAINTED INTERIOR, NEW BATHROOM VANITY, CERAMIC TILE FLOORING, MORE. YOU`LL ALSO FIND A PLAY AREA POOL, PARKING, MORE. ALL BLDGS HAVE BEEN RESIDED AND HAVE NEW WINDOWS SLIDERS.

Key facts

• $445 HOA
• Community pool
• Built 1973

Property features AI

Finance

• Other: Directions: Take Hooksett Road (US-3/NH-28) to Mammoth Road (NH-28A); property is on the right.; Building number 6, block 30
• HOA & community: Condo association with monthly fee of $445; Fee includes heat, hot water, and condo association services; Building maintenance, master insurance, playground, in-ground pool, snow removal, and coin laundry

Exterior

• Utilities: Public water; Public sewer; Circuit breaker electrical service; High-speed internet available; Cable internet available; Cable available
• Home design: Garden-style building; Unit/lot number 26; Built in 1973
• Construction: Masonry and brick exterior; Asphalt shingle roof
• Exterior features: Condo development; Near shopping; Paved driveway

Interior

• Kitchen: Microwave; Refrigerator; Gas stove
• Flooring: Carpet; Laminate; Tile
• Bathrooms: 1 full bath
• Heating & cooling: Baseboard heating
• Interior features: 4 total rooms; Carpet, Laminate, and Tile flooring

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $200k.

Deal economics

• At list price, monthly cash flow is $-60 ($-716/yr) — negative.
• To cash-flow at today's rent, offer at most $191k (4.3% below list).
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $191k (4.3% below list) — sets the bar for cash-flow.

Location & tenants

• Location reads 75/100 on livability (#31 in NH, #4,309 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, employment A; Watch: amenities F, commute F.
• Hooksett School District (suburban): math 54% / reading 56% proficiency, ranked #22 of 98 in NH (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease; only 14% free/reduced lunch — higher-income household profile.
• Zoned schools: Hooksett Memorial School (math 58% / reading 57%, grade C+, #55 of 263 statewide, top 21%, 394 students, 19% FRL); David R. Cawley Middle School (math 51% / reading 55%, grade C+, #17 of 96 statewide, top 17%, 429 students, 16% FRL) — zoned schools at 17% FRL track the district average.
• Market conditions: 55 active listings in the ZIP; 1 comparable units currently listed for rent nearby; high-income renter base; 380 units permitted in Merrimack County in 2024 (28 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Merrimack County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 21y 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 $100k; list at $200k implies a 100% gain — meaningful room to come down on a strong offer.

Recommended offer $190,869 (4.3% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1973 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. 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?
7. 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?
8. 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.
9. 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.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.12% ✓
• Cap rate: 5.93%
• Cash-on-cash: -1.28%
• DSCR: 0.94
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -18.2%
• Equity multiple: 0.36×
• Total profit: $-35,819
• Equity at exit: $29,746

10-year hold

• IRR: -10.1%
• Equity multiple: 0.38×
• Total profit: $-34,835
• Equity at exit: $17,249

Cash invested: $55,860 (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 03106

• Home prices YoY: -10.2%
• Active inventory: 55
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,233 medium
• Mortgage (P&I): −$1,046
• Tax est. 1.5%: −$249 /mo · $2,992/yr
• Insurance: −$83
• HOA: −$445
• Vacancy / Maint / Mgmt: −$469
• Net cashflow: $-60

Break-even live

Break-even rent $2,308

Max offer price $190,869

Occupancy floor 98%

Sensitivity live

Price	-10% $78	-5% $9	+0% $-60	+5% $-129	+10% $-198
Rent	-10% $-236	-5% $-148	+0% $-60	+5% $29	+10% $117
Rate	-1.0pp $41	-0.5pp $-9	base $-60	+0.5pp $-111	+1.0pp $-164

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: $49,875
• Closing costs: $5,985
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
134 Mammoth Rd Unit 29 Hooksett, NH	2.0	1.0	764	$1,750	$2.29	23d	1	0.07mi

HOA detail condo

• Monthly dues: $445 · $5,340/yr
• Likely covers: pool
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 9 events

1. 2026-05-11
   status Pending
2. 2026-05-01
   listed $199,500 Active
3. 2026-04-22
   historical $199,500
4. 2024-04-14
   historical $1,800
5. 2024-04-12
   listed $1,800
6. 2024-03-26
   historical $1,800
7. 2024-03-09
   listed $1,800
8. 2005-05-12
   soldstatus $100,000 209-char remark

   Show marketing remark (209 chars)

   THIS 2 BR DELUXE OFFERS A FRESHLY PAINTED INTERIOR, NEW BATHROOM VANITY, CERAMIC TILE FLOORING, MORE. YOU`LL ALSO FIND A PLAY AREA POOL, PARKING, MORE. ALL BLDGS HAVE BEEN RESIDED AND HAVE NEW WINDOWS SLIDERS.

9. 2005-01-22
   listed $101,900 209-char remark

   Show marketing remark (209 chars)

   THIS 2 BR DELUXE OFFERS A FRESHLY PAINTED INTERIOR, NEW BATHROOM VANITY, CERAMIC TILE FLOORING, MORE. YOU`LL ALSO FIND A PLAY AREA POOL, PARKING, MORE. ALL BLDGS HAVE BEEN RESIDED AND HAVE NEW WINDOWS SLIDERS.

ⓘ 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 4/10 Moderate 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 22% 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: $26,796
• − Mortgage interest: −$11,175
• − Property taxes: −$2,992
• − Insurance: −$998
• − Repairs & maintenance: −$2,144
• − Management: −$2,144
• − HOA: −$5,340
• − Depreciation: −$5,804
• Taxable loss: −$3,800
• Est. tax savings @ 24.0%: +$912
• After-tax cash flow: $196/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: Hooksett School District
• NCES district ID: 3303870
• Math proficiency: 54% ▼ -1.00%
• Reading proficiency: 56% ▼ -1.00%
• Median HH income: $81,389
• Composite: 49.93/100
• National rank: #1933
• State rank: #22 of 98 in NH

Livability — South Hooksett

• Score: 75/100
• State rank: #31
• US rank: #4309

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: South Hooksett, NH
• County: Merrimack County · 65,598 people
• Metro: Concord, NH
• Population (ZIP): 15,032
• Household income: $118,442
• Rent vs Own: 19.5% rent · 80.5% own
• Severe rent burden: 194.0

Population outlook (Merrimack County) Hauer SSP2

• Today (2025): 151,287 people
• By 2030: 151,867 · +0.4%
• By 2040: 149,927 · -0.9%
• By 2050: 144,081 · -4.8%
• By 2075: 132,018 · -12.7%
• By 2100: 111,733 · -26.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Two or more races 6% Hispanic / Latino 3% Asian 2%
• Common ancestry: Lithuanian 16% Romanian 7% Russian 2%
• Foreign-born: 4% · Canada, Vietnam
• Languages at home: 94% English-only · French/Haitian/Cajun 2% Other Indo-European 1% Spanish 1%

Political lean MEDSL · Merrimack

• 2024 margin: Lean D (+5.2) · D 52.1% · R 46.9% · Other 1.0%
• 2008→2024 swing: -8.7pp toward R · 2008: 13.9pp · 2024: 5.2pp
• All cycles: 2024: D+5.2 2020: D+9.8 2016: D+3.1 2012: D+12.7 2008: D+13.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -42.23%
• Current HPI: 371.3509
• Rent YoY: —
• Metro: Concord, NH
• State GDP YoY: —
• F500 in state: 0

Price history

+95.8% since first listed

9 events — show timeline

• 2026-05-11 Pending — PrimeMLS
• 2026-05-01 Listed $199,500 PrimeMLS
• 2026-04-22 Coming Soon $199,500 PrimeMLS
• 2024-04-14 Rental Removed $1,800 NEREN
• 2024-04-12 Listed for Rent $1,800 NEREN
• 2024-03-26 Rental Removed $1,800 NEREN
• 2024-03-09 Listed for Rent $1,800 NEREN
• 2005-05-12 Sold (MLS) $100,000 PrimeMLS
• 2005-01-22 Listed $101,900 PrimeMLS