1001 Old Colony Rd, Meriden, CT 06451

2 bd · 1 ba · 979 sqft · built 1987 · Meriden · CONDOS·source listing ↗

$174,900

$185,000 first listed

seller intel

Price cut

−5.5%

from $185,000

Motivation score

30/100

OnePercent model (vv1)$1,728/mo

p10–p90 confidence band

HUD Fair Market Rent · 06451 · 2BR$1,750/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

South Central Connecticut

Flood risk indexRelatively Moderate FEMA NRI

Median household income$71,255

Median area rent$1,213/mo

Median home value$239,800

the verdict

0.99%vs 0.8% target

financing: 20% down · — (FRED, live) · 30yr

$174,900

0.99% · rent $1,728

Intrinsic value · income approach

$244,639

29% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.