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485 Water St

Rockland, MA 02370

2 bd 1 ba 920 sqft Built 1986 condos
Most recent sale
$275,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $275,000 MLS #72900023
Sep 24, 2021 Listed $289,000 MLS #72900023
Apr 28, 2021 Sold $178,000 MLS #72806528
Apr 12, 2021 Listed $178,000 MLS #72806528
Aug 6, 1997 Sold $74,000 Public Record
Jan 11, 1988 Sold $102,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $313,000 $313,000 $4,279
2024 $301,300 $301,300 $4,236
2023 $258,600 $258,600 $3,936
2022 $214,100 $214,100 $3,586
2021 $189,700 $189,700 $3,278
2020 $184,300 $184,300 $3,225
2019 $174,100 $174,100 $3,120
2018 $162,900 $162,900 $2,968
2017 $157,000 $157,000 $2,901
2016 $151,000 $151,000 $2,792
2015 $145,300 $145,300 $2,765
2014 $141,500 $141,500 $2,595
2006 $179,300 $179,300 $1,743
2005 $162,500 $162,500 $1,864
2004 $130,000 $130,000 $1,728
2003 $130,000 $130,000 $1,695

Property facts

Year built
1986
Property type
condos
Stories
Beds
2
Baths
1
Living area
920 sqft
Lot size
ZIP code
02370
City
Rockland
Street
Water St
Coordinates
42.13628, -70.90202

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,668
Gross rental yield
11.64%
Implied cap rate
7.57%
Trend-extrapolated value

Frequently asked questions

When did 485 Water St last sell?
485 Water St most recently sold on Dec 30, 2021 for $275,000.
What is the current tax assessment for 485 Water St?
The most recent total assessment for 485 Water St (year 2025) is $313,000 with $4,279 in property tax.
How does 485 Water St's assessment compare to its last sale price?
The current assessment is 13.8% above the last sale price of $275,000.
When was 485 Water St built?
485 Water St was built in 1986.
How does 485 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 485 Water St?
485 Water St is a 2 bed, 1 bath, 920 sqft condos.
Is 485 Water St a flip candidate?
Yes — 485 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 485 Water St a tax-appeal candidate?
No — 485 Water St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.2%
2026 Q3
$500K
2026 Q4
$502.7K
ZIP 02370 — Median Price History + Forecast

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