3 Water St
Groton, CT 06355
2 bd 2 ba 1,674 sqft Built 2021 condos
Most recent sale
$1,350,000
Jun 7, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 27, 2024 | Listed | $1,375,000 | SMARTMLS |
| Jun 9, 2023 | Listing removed | — | SMARTMLS |
| Jun 7, 2023 | Sold | $1,350,000 | SMARTMLS |
| Jan 28, 2023 | Listed | $1,450,000 | SMARTMLS |
| Jun 7, 2021 | Sold | $900,000 | Public Record |
| Dec 23, 2020 | Listing removed | — | SMARTMLS |
| Oct 28, 2020 | Listed | $900,000 | SMARTMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $436,982 | $187,278 | $624,260 | $16,992 |
| 2023 | $624,260 | — | $624,260 | $15,173 |
| 2022 | $624,260 | — | $624,260 | $14,841 |
Property facts
Year built
2021
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,674 sqft
Lot size
—
ZIP code
06355
City
Groton
Street
Water St
Coordinates
41.35417, -71.97105
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
$8,100
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 Jun 7, 2023 for $1,350,000.
What is the current tax assessment for 3 Water St?
The most recent total assessment for 3 Water St (year 2025) is $624,260 with $16,992 in property tax.
How does 3 Water St's assessment compare to its last sale price?
The current assessment is 53.8% below the last sale price of $1,350,000.
When was 3 Water St built?
3 Water St was built in 2021.
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, 1,674 sqft condos.
Is 3 Water St a flip candidate?
Yes — 3 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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
Other properties on Water St