13 Charles Bancroft Hwy Unit 3052-1 · Litchfield, NH 03052

$359,900

3 bd · 2.0 ba · 1,387 sqft · SingleFamily · 167 Days on market

Built 2026 Excellent condition 1,387 sqft lot $259/sqft · 30% below area Est $513k · 30% under

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Why this score? — see what drove the C- 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).

• ARV discount +15.0/15.0
• Cash flow +14.0/30.0
• Schools +4.9/10.0
• Condition / age +4.8/5.0
• DSCR +4.3/10.0
• 1% rule +3.9/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Pre-orders are open now with April-May completion! Litchfield Estates is a stunning new development offering modern, single-level living on spacious private lots in a quiet, wooded setting in Litchfield, NH. The Hollow | 1,387 sq ft | 3 Bed | 2 Bath This thoughtfully designed home features an open-concept layout with a spacious living room, dedicated dining area, and a flex space perfect for a home office or playroom. The kitchen includes a coffee bar and pantry. The generous primary suite offers privacy and comfort, while two additional bedrooms make this home ideal for families, guests, or extra workspace.

Key facts

• Flex space
• Private lots
• Prime location

Tags

• OPEN-CONCEPT LAYOUT
• FLEX SPACE
• COFFEE BAR
• PRIVATE LOTS
• LOW-MAINTENANCE LIVING
• PRIME LOCATION

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $360k. Condition is rated excellent.

Deal economics

• At list price, monthly cash flow is $49 ($586/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $321k (10.8% below list).
• Recommended offer: $317k (12.0% below list) — sets the bar for market timing.
• Cap rate 6.5% vs local median 2.8% in Litchfield — 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: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Litchfield School District (rural): math 38% / reading 56% proficiency, ranked #34 of 98 in NH (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 7% free/reduced lunch — higher-income household profile.
• Zoned schools: Griffin Memorial School (math 42% / reading 57%, grade D, #97 of 263 statewide, top 42%, 437 students, 10% FRL); Litchfield Middle School (math 35% / reading 53%, grade D, #38 of 96 statewide, top 40%, 355 students, 9% FRL); Campbell High School (math 42% / reading 67%, grade C-, #27 of 90 statewide, top 29%, 412 students, 8% FRL) — zoned schools at 9% FRL track the district average.
• Market conditions: 79 active listings in the ZIP; 2 comparable units currently listed for rent nearby; high-income renter base; 981 units permitted in Hillsborough County in 2024 (381 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 $11k of value loss. Plan a longer hold.
• Hillsborough County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• It's been on market 167 days — a 12% lower offer ($317k) is reasonable based on typical stale-listing flexibility.

Recommended offer $316,712 (12.0% below list)

Questions for the listing agent

1. It's been on market 167 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.89% ✗
• Cap rate: 6.46%
• Cash-on-cash: 0.58%
• DSCR: 1.03
• GRM: 9.3

CMA / ARV

• ARV (median comp): $512,509
• List price: $359,900
• Delta: -29.78%
• Verdict: UNDERPRICED
• Comps: 18 within 1.0 mi

Show comp detail 5 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
36 Charles Bancroft Hwy	0.25mi	3/1.0	1,328 (-4%)	9mo	$500,000	$377	69
11 Charles Bancroft Hwy	0.12mi	2/2.0 (-1)	1,540 (+11%)	10mo	$528,000	$343	63
16 Plaza Ave Unit B	0.39mi	3/1.5	1,358 (-2%)	17mo	$407,000	$300	62
11 Rotterdam Dr	0.63mi	3/2.0	1,432 (+3%)	9mo	$550,000	$384	57
57 Pennichuck St	0.74mi	3/2.0	1,236 (-11%)	24mo	$412,000	$333	27

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: -15.4%
• Equity multiple: 0.45×
• Total profit: $-55,161
• Equity at exit: $53,662

10-year hold

• IRR: -6.8%
• Equity multiple: 0.57×
• Total profit: $-43,833
• Equity at exit: $31,118

Cash invested: $100,772 (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 →

Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

• For sale now: 5 active · 3 under contract
• Months of supply: 10.0 mo (10%/mo absorbed)
• Median asking: $369,900 ($248/sqft)
• Median days on market: 167 d
• This list price: lowest-priced of the active set
• ARV vs active asking: +49.1% above current asking $/sqft

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 03052

• Home prices YoY: -13.9%
• Active inventory: 79
• Price-to-rent: 9.3×

Monthly cashflow live

• Estimated rent: $3,210 medium
• Mortgage (P&I): −$1,887
• Tax est. 1.5%: −$450 /mo · $5,398/yr
• Insurance: −$150
• HOA: −$0
• Vacancy / Maint / Mgmt: −$674
• Net cashflow: $49

Break-even live

Break-even rent $3,148

Max offer price $359,900

Occupancy floor 93%

Sensitivity live

Price	-10% $298	-5% $173	+0% $49	+5% $-76	+10% $-200
Rent	-10% $-205	-5% $-78	+0% $49	+5% $176	+10% $302
Rate	-1.0pp $230	-0.5pp $140	base $49	+0.5pp $-44	+1.0pp $-139

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: $89,975
• Closing costs: $10,797
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
7 Swift Ln Merrimack, NH	2.0	1.5	1544	$3,500	$2.27	139d	1	1.18mi
255 Derry Rd Litchfield, NH	2.0	1.5	1359	$2,875	$2.12	0d	7	1.48mi

Property features AI

Finance

• Other: Address: 13 Charles Bancroft Hwy Unit 3052-1, Litchfield, NH 03052Listing modified on 2026-04-29
• Financial info: Listed at $359,000

Exterior

• Utilities: Has heating
• Home design: Spec inventory, plan named The HollowActive status

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 bathrooms (full)
• Heating & cooling: Heating present (type listed as Other)
• Interior features: Living area approximately 1,387

Listing history 50 events

1. 2026-09-23
   days on market $359,900 Active 167 DOM
2. 2026-09-22
   days on market $359,900 Active 166 DOM
3. 2026-09-21
   days on market $359,900 Active 165 DOM
4. 2026-09-20
   days on market $359,900 Active 164 DOM
5. 2026-09-18
   days on market $359,900 Active 162 DOM
6. 2026-09-17
   days on market $359,900 Active 161 DOM
7. 2026-09-16
   days on market $359,900 Active 160 DOM
8. 2026-09-15
   days on market $359,900 Active 159 DOM
9. 2026-09-14
   days on market $359,900 Active 158 DOM
10. 2026-09-13
    days on market $359,900 Active 157 DOM
11. 2026-09-12
    days on market $359,900 Active 156 DOM
12. 2026-09-11
    days on market $359,900 Active 155 DOM
13. 2026-09-05
    days on market $359,900 Active 149 DOM
14. 2026-09-04
    days on market $359,900 Active 148 DOM
15. 2026-09-03
    days on market $359,900 Active 147 DOM
16. 2026-08-31
    days on market $359,900 Active 144 DOM
17. 2026-08-30
    days on market $359,900 Active 143 DOM
18. 2026-08-29
    days on market $359,900 Active 142 DOM
19. 2026-08-28
    days on market $359,900 Active 141 DOM
20. 2026-08-27
    days on market $359,900 Active 140 DOM
21. 2026-08-26
    days on market $359,900 Active 139 DOM
22. 2026-08-25
    days on market $359,900 Active 138 DOM
23. 2026-08-24
    days on market $359,900 Active 137 DOM
24. 2026-08-23
    days on market $359,900 Active 136 DOM
25. 2026-08-22
    days on market $359,900 Active 135 DOM
26. 2026-08-21
    days on market $359,900 Active 134 DOM
27. 2026-08-20
    days on market $359,900 Active 133 DOM
28. 2026-08-19
    days on market $359,900 Active 132 DOM
29. 2026-08-18
    days on market $359,900 Active 131 DOM
30. 2026-08-17
    days on market $359,900 Active 130 DOM
31. 2026-08-16
    days on market $359,900 Active 129 DOM
32. 2026-08-15
    days on market $359,900 Active 128 DOM
33. 2026-08-15
    days on market $359,900 Active 127 DOM
34. 2026-08-13
    days on market $359,900 Active 126 DOM
35. 2026-08-12
    days on market $359,900 Active 125 DOM
36. 2026-08-11
    days on market $359,900 Active 124 DOM
37. 2026-08-10
    days on market $359,900 Active 123 DOM
38. 2026-08-09
    days on market $359,900 Active 122 DOM
39. 2026-08-08
    days on market $359,900 Active 121 DOM
40. 2026-08-07
    days on market $359,900 Active 120 DOM
41. 2026-08-06
    days on market $359,900 Active 119 DOM
42. 2026-08-05
    days on market $359,900 Active 118 DOM
43. 2026-08-04
    days on market $359,900 Active 117 DOM
44. 2026-08-03
    days on market $359,900 Active 116 DOM
45. 2026-07-31
    days on market $359,900 Active 113 DOM
46. 2026-07-29
    days on market $359,900 Active 111 DOM
47. 2026-07-27
    days on market $359,900 Active 109 DOM
48. 2026-07-25
    days on market $359,900 Active 107 DOM
49. 2026-07-24
    days on market $359,900 Active 106 DOM
50. 2026-07-23
    days on market $359,900 Active 105 DOM

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

Taxation est. · year 1

• Rental income: $38,522
• − Mortgage interest: −$20,160
• − Property taxes: −$5,398
• − Insurance: −$1,800
• − Repairs & maintenance: −$3,082
• − Management: −$3,082
• − Depreciation: −$10,470
• Taxable loss: −$5,470
• Est. tax savings @ 24.0%: +$1,313
• After-tax cash flow: $1,899/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 · 9 photos

Excellent 95/100 None rehab

This modern single-family home in Litchfield Estates is move-in ready with excellent condition and a thoughtfully designed layout. It offers a spacious living room, dining area, and a flex space perfect for a home office or playroom. The home is ideal for families, guests, or extra workspace. The open-concept floor plan and high-quality finishes throughout make it a great investment.

Value-add opportunities

• Both Painting the exterior and interior walls — Fresh paint can enhance curb appeal and interior aesthetics. ↑
• Both Landscaping improvements — Enhanced landscaping can increase curb appeal and property value. ↑
• Both Adding smart home features — Smart home features can increase property value and attract tech-savvy buyers/renters. ↑
• Both Upgrading the kitchen appliances — Modern appliances can improve the kitchen's functionality and appeal to potential buyers/renters. ↑

F Composite school gradezoned avg 49/100

Zoned Schools

Elementary Griffin Memorial School D NH #97/263 Nat'l #12,785/41,679 Middle Litchfield Middle School D NH #38/96 Nat'l #4,963/14,009 High Campbell High School C- NH #27/90 Nat'l #4,461/17,239

Schools (NCES district)

• District: Litchfield School District
• NCES district ID: 3304350
• Math proficiency: 38% ▼ -16.00%
• Reading proficiency: 56% ▼ -7.00%
• Median HH income: $95,178
• Composite: 44.55/100
• National rank: #2788
• State rank: #34 of 98 in NH

Livability — Litchfield

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• County: Hillsborough · 412,771 people
• Metro: Manchester-Nashua, NH
• Population (ZIP): 8,495
• Household income: $155,881
• Rent vs Own: 15.7% rent · 84.3% own

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Population outlook (Hillsborough County) Hauer SSP2

• Today (2025): 412,771 people
• By 2030: 410,974 · -0.4%
• By 2040: 399,959 · -3.1%
• By 2050: 381,542 · -7.6%
• By 2075: 339,855 · -17.7%
• By 2100: 289,270 · -29.9%

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Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 2%
• Common ancestry: Lithuanian 13% Romanian 6% Slovak 2%
• Foreign-born: 5% · Canada
• Languages at home: 93% English-only · Other Indo-European 4% French/Haitian/Cajun 1% German/W. Germanic 1%

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Political lean MEDSL · Hillsborough

• 2024 margin: Toss-up / Even · D 50.9% · R 48.0% · Other 1.0%
• 2008→2024 swing: -0.9pp no change · 2008: 3.8pp · 2024: 2.9pp
• All cycles: 2024: D+2.9 2020: D+7.7 2016: R+0.2 2012: D+1.7 2008: D+3.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -63.42%
• Current HPI: 393.6097
• Rent YoY: —
• Metro: —
• State GDP YoY: —
• F500 in state: 0

Property features AI

Finance

• Other: Address: 13 Charles Bancroft Hwy Unit 3052-1, Litchfield, NH 03052Listing modified on 2026-04-29
• Financial info: Listed at $359,000

Exterior

• Utilities: Has heating
• Home design: Spec inventory, plan named The HollowActive status

Interior

• Bedrooms: 3 bedrooms
• Bathrooms: 2 bathrooms (full)
• Heating & cooling: Heating present (type listed as Other)
• Interior features: Living area approximately 1,387