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56 Water St

Westborough, MA 01581

6 bd 3 ba 3,070 sqft Built 1800 Lot 10,890 sqft multi_family
Most recent sale
$800,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $800,000 MLS #72977425
Jun 2, 2022 Relisted $789,900 MLS #72977425
May 17, 2022 Listing removed $789,900 MLSPIN
May 6, 2022 Listed $789,900 MLS #72977425
Aug 16, 2002 Sold $360,000 Public Record
Aug 29, 1997 Sold $171,200 Public Record
Apr 1, 1993 Sold $144,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $370,100 $287,400 $657,500 $10,711
2024 $353,400 $267,200 $620,600 $10,184
2023 $329,500 $249,900 $579,400 $9,757
2022 $255,700 $200,700 $456,400 $8,439
2021 $231,400 $198,500 $429,900 $7,970
2020 $231,400 $187,500 $418,900 $7,674
2019 $224,300 $180,100 $404,400 $7,413
2018 $189,700 $165,400 $355,100 $6,555
2017 $166,700 $165,400 $332,100 $5,911
2016 $175,000 $165,400 $340,400 $6,049
2015 $166,600 $165,400 $332,000 $6,172
2014 $166,600 $154,400 $321,000 $6,192
2006 $164,300 $175,000 $339,300 $4,703
2005 $164,300 $145,900 $310,200 $4,458
2004 $192,400 $113,900 $306,300 $4,248
2003 $119,600 $118,700 $238,300 $3,165

Property facts

Year built
1800
Property type
multi_family
Stories
3
Beds
6
Baths
3
Living area
3,070 sqft
Lot size
10,890 sqft
ZIP code
01581
City
Westborough
Street
Water St
Coordinates
42.27316, -71.61651

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$8,903
Gross rental yield
13.35%
Implied cap rate
8.68%
Trend-extrapolated value

Frequently asked questions

When did 56 Water St last sell?
56 Water St most recently sold on Jun 15, 2022 for $800,000.
What is the current tax assessment for 56 Water St?
The most recent total assessment for 56 Water St (year 2025) is $657,500 with $10,711 in property tax.
How does 56 Water St's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $800,000.
When was 56 Water St built?
56 Water St was built in 1800.
How does 56 Water St compare to others on Water St?
We track 5 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 56 Water St?
56 Water St is a 6 bed, 3 bath, 3,070 sqft, 10,890 sqft lot multi_family.
Is 56 Water St a flip candidate?
No — 56 Water St does not appear in our flips dataset.
Is 56 Water St a tax-appeal candidate?
No — 56 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
-3.8%
Implied 1-yr
-15.3%
2026 Q2
$487.6K
2026 Q3
$462.9K
ZIP 01581 — Median Price History + Forecast

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