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Grafton 03741
404 Choate Road
Listed by: Doreen Wyman, Granite Northland Associates, Selling Office: BHHS Verani Upper Valley, Listing Courtesy of Prime MLS
$320,000
● House - Off Market

404 Choate Road

Canaan, NH 03741
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,792 Ft²
$2,216
Est. Monthly
5.49%
Cap Rate

About This Property

Pastoral setting with a cozy year round log home nestled in on 2 acres with open fields laced with stonewalls, & seasonal views of Cardigan Mountain. This 1974 home has a wonderful sunroom that opens to the living room and kitchen area. Wood walls, hardwood floors in the living room, efficient propane direct vent heaters and a Vermont Castings Woodstove to warm up with this winter. 1 bedroom and a full bath on the first floor and a walk out basement with windows above grade with a bedroom, 1/2 bath, recreation room, and storage room with closet. Don't forget to bring your horse as there is a barn with stalls, over head hay storage and an exterior water spigot. Plenty of room for a garden. Don't miss out on this amazing price of $349,000. Open house Saturday, October 12th from 10am to 12 noon.
Unit Size
1,792 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$195
Property Type
House
Property Taxes
$502
HOA Dues
-
Year Built
1974

Payment Calculator (Computations Provided by RealtyHop)

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Prime MLS #5017526)

Price History

Date / Event Date Event Price
Nov 20, 2024 Sold
Premium
Sold
Oct 15, 2024 In contract -
In contract
Oct 5, 2024 Listed by Granite Northland Associates $349,000
Listed by Granite Northland Associates
Aug 2, 2006 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 9
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,695
  • Gross Building Area: 2,096
  • Building Area: 1,695
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,695
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Mascoma Valley Regional School District
  • School Tax School District: MASCOMA VLY RGN
  • Census Tract: 961400

Zoning

  • Zoning: RURL1

Geography

  • Parcel: CANN M:00007 B:000067 L:000000
  • Block: 67
  • Municipality: CANAAN
  • Latitude: 43.6312
  • Longitude: -72.0637

    Address

  • Full Address: 404 Choate Rd
  • Address - House Number: 404
  • Address - Street Name: Choate
  • Address - Suffix Type: Rd
  • State: NH
  • City Name: Canaan
  • Carrier Code: R001
  • 4-Digit Zip Code: 7711
  • Zip Code: 03741

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,900

    Appraisal Valuation

  • Standard Deviation: 0.201
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 347,637
  • High Value: 417,543
  • Low Value: 277,731

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $221,700
  • Assessed Land Value: $87,400
  • Assessed Improvements Value: $134,300

    Sales

  • Current Sale Recording Date: Aug 02, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 02, 2006
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Grafton

Stats & Trends

Median Asking:

$465,000

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2677 ft²

Average Home Age

60 years

Currently For Sale

488 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Prime

Listed by: Doreen Wyman, Granite Northland Associates
Last Updated Date: 2024-11-20
Last Checked: 4 hours ago
Data Source: Prime MLS, MLS# 5017526
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 404 Choate Road built and last sold?
The property at 404 Choate Road was built in 1974 and last sold on Jan 1, 1970 for $225,000.
How much is this home worth?
The estimated value of the home located at 404 Choate Road is $0.
What are some comparable homes to 404 Choate Road?
There are currently no comparable homes to 404 Choate Road.
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