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Meriden 06451
97 Douglas Drive
Listing Courtesy of: Shari DiDomenico, Berkshire Hathaway NE Prop.
$230,000
● House - Off Market

97 Douglas Drive

Meriden, Connecticut 06451
bedrooms
3 Beds
bathrooms
1 Bath
square feet
980 Ft²
$1,462
Est. Monthly
7.92%
Cap Rate

About This Property

Located in South Meriden, this three bedroom ranch is ready for your creative updates. Hardwood floors and plenty of windows throughout. Keep warm with the fireplace on those cold winter nights. Private backyard. Detached one car garage. New furnace installed 11/2017. Desirably located in South Meriden puts you in close proximity to Hanover Elementary School, linear trails, Habershon Park, restaurants, bakery and more! Some TLC will transform this home into your dream haven. Being sold as is.
Unit Size
980 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$235
Property Type
House
Property Taxes
$332
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 3 years ago (Smart MLS #170615327)

Price History

Date / Event Date Event Price
Jan 29, 2024 Sold
Premium
Sold
Dec 31, 2023 In contract -
In contract
Dec 27, 2023 Price Decreased $224,900
↓ $10K (4.3%)
Price Decreased
Dec 18, 2023 Listed by Berkshire Hathaway NE Prop. $234,900
Listed by Berkshire Hathaway NE Prop.
Jun 27, 1997 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 980
  • Garage Type: 1
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 980
  • Gross Building Area: 2,555
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 980
  • 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: 170500

Zoning

  • Zoning: R-1

Geography

  • Account Number: 139235
  • Parcel: MERI M:708 B:305 L:6F-7
  • Block: 305
  • Lot: 6F-7
  • Municipality: MERIDEN
  • Latitude: 41.5186
  • Longitude: -72.838

    Address

  • Full Address: 97 Douglas Dr
  • Address - House Number: 97
  • Address - Street Name: Douglas
  • Address - Suffix Type: Dr
  • State: CT
  • City Name: Meriden
  • Carrier Code: C050
  • 4-Digit Zip Code: 5015
  • Zip Code: 06451

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $398,200

    Appraisal Valuation

  • Standard Deviation: 0.1061
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 89
  • Final Value: 229,349
  • High Value: 253,695
  • Low Value: 205,002

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $114,450
  • Assessed Land Value: $42,140
  • Assessed Improvements Value: $72,310

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Jan 29, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2024000541
  • Previous Sale Recording Date: Jun 27, 1997
  • Previous Sale Amount: $87,500
  • 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:

$334,999

Sale Price/ft²

$202

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1751 ft²

Average Home Age

72.6 years

Currently For Sale

98 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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SMART

Listed by: Shari DiDomenico
Berkshire Hathaway NE Prop.
Last Updated: 3 years ago
Data Source: Smart MLS, MLS# 170615327
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 97 Douglas Drive built and last sold?
The property at 97 Douglas Drive was built in 1951 and last sold on Jan 26, 2024 for $230,000.
How much is this home worth?
The estimated value of the home located at 97 Douglas Drive is $231,974.
What are some comparable homes to 97 Douglas Drive?
There are currently no comparable homes to 97 Douglas Drive.
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