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Financial
Distress signals
Property profile

281 Hanover St 2 Meriden, CT 06451

FOR LEASE
Residential income homes
Property ID
US15-1243728
2,995 SF 0.18 ac lot Built 1890
Last sale Apr 2022 · $250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address.
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Property summary

AI-generated overview

This property is a well-maintained multi-family building in Meriden featuring a 1-bedroom, 1-bath studio-style unit (Unit 2) with an open, functional layout that combines living and kitchen areas and includes a full bathroom. The building is positioned near everyday amenities including shopping, restaurants, parks, public transportation, and major highways. The property provides off-street parking for residents. Transit accessibility is reflected by a bike/walk/transit score of approximately 52…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$7k
Tax billed · 2024
Assessed value$181k
Assessed land$73k
Assessed improvement$109k
Effective rate3.85%

Value estimate

· Oct 2026
$220k
$198k – $242k
AI approach$255k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$89/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$73 – $113
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C-1
The intent of C-1 district shall be to provide for and encourage a variety of retail businesses, business and professional offices, servi...
General categoryCOMMERCIAL
JurisdictionMERIDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency10.4
Garden Center9.8
Skin Care Clinic9.6

Location

281 Hanover St, Unit 2 Meriden, CT 06451
County assessor Recorded deeds · 14 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24 Wood, Meriden, CT 06451-6294 $204,900 Feb 2025 3,228 SF
40 Linsley, Meriden, CT 06451-4048 $390,000 Sep 2023 3,183 SF
52 Cherry, Meriden, CT 06451-5518 $24,300 Jan 2022 2,728 SF
134 Foster, Meriden, CT 06451-3184 $239,900 Oct 2021 3,174 SF
38 Lincoln, Meriden, CT 06451-3179 $265,000 Feb 2021 3,264 SF
65 Main, Meriden, CT 06451 $285,000 Jun 2020 3,206 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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