3 Water St
Groton, CT 06355
2 bd 2 ba 1,082 sqft Built 2020 condos
Most recent sale
$600,000
Jul 23, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2024 | Sold | $762,500 | SMARTMLS |
| Apr 5, 2024 | Price changed | $800,000 | SMARTMLS |
| Mar 8, 2024 | Price changed | $825,000 | SMARTMLS |
| Oct 15, 2023 | Listed | $850,000 | SMARTMLS |
| Jul 24, 2021 | Listing removed | — | SMARTMLS |
| Jul 23, 2021 | Sold | $600,000 | Public Record |
| Jun 17, 2021 | Listed | $600,000 | SMARTMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $290,766 | $124,614 | $415,380 | $11,307 |
| 2023 | $415,380 | — | $415,380 | $10,096 |
| 2022 | $415,380 | — | $415,380 | $9,875 |
Property facts
Year built
2020
Property type
condos
Stories
4
Beds
2
Baths
2
Living area
1,082 sqft
Lot size
—
ZIP code
06355
City
Groton
Street
Water St
Coordinates
41.35408, -71.97099
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,600
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3 Water St last sell?
3 Water St most recently sold on Jul 23, 2021 for $600,000.
What is the current tax assessment for 3 Water St?
The most recent total assessment for 3 Water St (year 2025) is $415,380 with $11,307 in property tax.
How does 3 Water St's assessment compare to its last sale price?
The current assessment is 30.8% below the last sale price of $600,000.
When was 3 Water St built?
3 Water St was built in 2020.
How does 3 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 3 Water St?
3 Water St is a 2 bed, 2 bath, 1,082 sqft condos.
Is 3 Water St a flip candidate?
No — 3 Water St does not appear in our flips dataset.
Is 3 Water St a tax-appeal candidate?
No — 3 Water St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$608K
2026 Q4
$597.3K
ZIP 06355 — Median Price History + Forecast
Explore nearby
Geography
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