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241-243 Water St

Springfield, MA 01151

6 bd 4 ba 2,560 sqft Built 2019 Lot 5,653 sqft multi_family
Most recent sale
$345,000
Dec 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2021 Sold $345,000 MLS #72844907
Jun 21, 2021 Price changed $354,900 MLS #72844907
Jun 7, 2021 Listed $359,900 MLS #72844907

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
2019
Property type
multi_family
Stories
2
Beds
6
Baths
4
Living area
2,560 sqft
Lot size
5,653 sqft
ZIP code
01151
City
Springfield
Street
Water St
Coordinates
42.16052, -72.50164

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,070
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 241-243 Water St last sell?
241-243 Water St most recently sold on Dec 2, 2021 for $345,000.
What is the current tax assessment for 241-243 Water St?
No tax-assessment history is recorded for this parcel.
When was 241-243 Water St built?
241-243 Water St was built in 2019.
How does 241-243 Water St compare to others on Water St?
We track 7 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 241-243 Water St?
241-243 Water St is a 6 bed, 4 bath, 2,560 sqft, 5,653 sqft lot multi_family.
Is 241-243 Water St a flip candidate?
No — 241-243 Water St does not appear in our flips dataset.
Is 241-243 Water St a tax-appeal candidate?
No — 241-243 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
+1.6%
Implied 1-yr
+6.5%
2026 Q1
$315.2K
2026 Q2
$319.8K
ZIP 01151 — Median Price History + Forecast

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