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383-385 Water St

Springfield, MA 01151

4 bd 2 ba 1,492 sqft Built 1915 Lot 9,596 sqft multi_family
Most recent sale
$205,000
Dec 7, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2021 Sold $205,000 MLS #72839360
Dec 20, 2019 Sold $47,500 MLS #72585857
Jul 3, 2019 Listed $40,000 MLS #72528706

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
1915
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,492 sqft
Lot size
9,596 sqft
ZIP code
01151
City
Springfield
Street
Water St
Coordinates
42.16008, -72.49679

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,230
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 383-385 Water St last sell?
383-385 Water St most recently sold on Dec 7, 2021 for $205,000.
What is the current tax assessment for 383-385 Water St?
No tax-assessment history is recorded for this parcel.
When was 383-385 Water St built?
383-385 Water St was built in 1915.
How does 383-385 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 383-385 Water St?
383-385 Water St is a 4 bed, 2 bath, 1,492 sqft, 9,596 sqft lot multi_family.
Is 383-385 Water St a flip candidate?
Yes — 383-385 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 383-385 Water St a tax-appeal candidate?
No — 383-385 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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