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Essex 05903
4506 VT Route 114
Listed by: Jennifer Rancourt, RE/MAX Northern Edge Realty/Colebrook, 603-237-5850 Selling Office: Rise Realty, Listing Courtesy of Prime MLS
$395,000
● House - Off Market

4506 VT Route 114

Canaan, VT 05903
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,456 Ft²
$2,439
Est. Monthly

About This Property

Great waterfront opportunity on Wallace Pond!  This great home offers 3 bedrooms and 2 baths with beautiful waterfrontage and mountain views.  Being sold mostly furnished, this home is ready for you to enjoy all year long.  The walkout basement was just remodeled and makes a great guest space to entertain.  Get ready to sit on the dock, listen to the loons and take in all the Northeast Kingdom has to offer.  There is a nice boat house for your water accessories and outdoor activities.  Call today to take advantage of this gem!
Unit Size
1,456 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$271
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
2000

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: 9 months ago (Prime MLS #5042667)

Price History

Date / Event Date Event Price
Aug 5, 2025 Sold
Premium
Sold
May 22, 2025 Listed by RE/MAX Northern Edge Realty/Colebrook $395,000
Listed by RE/MAX Northern Edge Realty/Colebrook

Property Highlights

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 20
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 784
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 784
  • Building Area: 784
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 16
  • Heated Square Feet: 784
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1012
  • County Land Use Code: S1
  • Legal Description 1: LAND & DWELLING

Neighborhood

  • School District Name: North Country Supervisory Union
  • Census Tract: 950100

Geography

  • Parcel: (039) R21007
  • Municipality: CANAAN
  • Latitude: 45.01
  • Longitude: -71.6283

    Address

  • Full Address: 4506 Vt Route 114
  • Address - House Number: 4506
  • Address - Street Name: Vt Route 114
  • State: VT
  • City Name: Canaan
  • Zip Code: 05903

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,400
  • Tax Rate Code Area: 039

    Appraisal Valuation

  • Standard Deviation: 0.1452
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 70
  • Final Value: 194,353
  • High Value: 222,585
  • Low Value: 166,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $273,200
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $113,200

    Sales

  • Current Sale Contract Date: Jun 30, 2008
  • Current Sale Recording Date: Jul 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 389926
  • Previous Sale Recording Date: Jun 09, 1998
  • Previous Sale Contract Date: Jun 09, 1998
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 36
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 Essex

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$140

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2187 ft²

Average Home Age

66.6 years

Currently For Sale

57 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

Unit for rent at 66 Lake Access, Canaan, 05903

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,320 ft²
66 Lake Access, Canaan, 05903 Listing by Kimberly Tracy

Rentals Near You

Click here to view more rentals in the neighborhood.
Prime

Listed by: Jennifer Rancourt, RE/MAX Northern Edge Realty/Colebrook
Last Updated Date: 2025-08-07
Last Checked: -3 hour ago
Data Source: Prime MLS, MLS# 5042667
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 4506 Vermont 114 built and last sold?
The property at 4506 Vermont 114 was built in 2000 and last sold on Jun 30, 2008 for $275,000.
How much is this home worth?
The estimated value of the home located at 4506 Vermont 114 is $389,164.
What are some comparable homes to 4506 Vermont 114?
There are currently no comparable homes to 4506 Vermont 114.
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