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Meriden 06450
51 Lori Lane
Listing Courtesy of: Julie Corrado, Coldwell Banker Realty
$359,000
● House - Off Market

51 Lori Lane

Meriden, CT 06450
bedrooms
3 Beds
bathrooms
2 Baths
$2,212
Est. Monthly
7.01%
Cap Rate

About This Property

Storybook cape on a lovely tree lined cul-de-sac. Beautiful kitchen with maple cabinets and island, which is open to the dining room all with hardwood floors. The living room with wood burning fireplace and hardwood floors. This home offers two good sized bedrooms and an updated bath on the second floor, as well as a first floor bedroom (which could be used as a den or office) with a full bath next to it. The large basement has so many possibilities. French doors that lead to the patio and private backyard, this space provides ample storage, room for recreation/gym, or workshop. The lot was professionally landscaped with perennial plantings, a stamped concrete patio, large garden shed and lush lawn.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1983

Payment Calculator

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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 (Smart MLS #24122063)

Price History

Date / Event Date Event Price
Oct 2, 2025 Sold
Premium
Sold
Sep 12, 2025 In contract -
In contract
Sep 9, 2025 Price Decreased $349,000
↓ $10K (2.8%)
Price Decreased
Aug 27, 2025 Listed by Coldwell Banker Realty $359,000
Listed by Coldwell Banker Realty
Aug 24, 2018 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 832
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 1,248
  • Gross Building Area: 2,496
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Meriden School District
  • School Tax School District: MERIDEN SD
  • Census Tract: 171700

Zoning

  • Zoning: R-1

Geography

  • Account Number: 148752
  • Parcel: MERI M:1104 B:333J L:47-48
  • Block: 333J
  • Lot: 47-48
  • Municipality: MERIDEN
  • Latitude: 41.5423
  • Longitude: -72.7566

    Address

  • Full Address: 51 Lori Ln
  • Address - House Number: 51
  • Address - Street Name: Lori
  • Address - Suffix Type: Ln
  • State: CT
  • City Name: Meriden
  • Carrier Code: C045
  • 4-Digit Zip Code: 3574
  • Zip Code: 06450

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $518,700

    Appraisal Valuation

  • Standard Deviation: 0.2128
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 296,557
  • High Value: 359,675
  • Low Value: 233,439

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,100
  • Assessed Land Value: $53,830
  • Assessed Improvements Value: $95,270

    Sales

  • Current Sale Recording Date: Aug 24, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jul 25, 2013
  • Previous Sale Amount: $230,000
  • 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 Meriden

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1728 ft²

Average Home Age

73.9 years

Currently For Sale

93 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 112 Mattabeseck Road, Middlefield, CT, 06455

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 576 ft²
112 Mattabeseck Road, Middlefield, CT, 06455 Listing by Damian Kuczynski

Rentals Near You

Click here to view more rentals in the neighborhood.
SMART

Listed by: Julie Corrado
Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: Smart MLS, MLS# 24122063
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 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 51 Lori Lane built and last sold?
The property at 51 Lori Lane was built in 1983 and last sold on Jan 1, 1970 for $201,000.
How much is this home worth?
The estimated value of the home located at 51 Lori Lane is $352,490.
What are some comparable homes to 51 Lori Lane?
There are currently no comparable homes to 51 Lori Lane.
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