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48 Water St

Worcester, MA 01604

1 bd 2 ba 1,119 sqft Built 1890 condos
Most recent sale
$325,000
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $325,000 MLS #72975228
May 3, 2022 Listed $299,999 MLS #72975228
Apr 12, 2019 Sold $239,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $326,100 $326,100 $4,301
2024 $326,100 $326,100 $4,484
2023 $340,400 $340,400 $4,881
2022 $299,500 $299,500 $4,555
2021 $231,100 $231,100 $3,762
2020 $223,600 $223,600 $3,801
2019 $229,600 $229,600 $4,133
2018 $93,400 $93,400 $1,766
2017 $93,400 $93,400 $1,795
2016 $93,400 $93,400 $1,925
2015 $93,400 $93,400 $1,875
2013 $94,000 $94,000 $1,747

Property facts

Year built
1890
Property type
condos
Stories
2
Beds
1
Baths
2
Living area
1,119 sqft
Lot size
ZIP code
01604
City
Worcester
Street
Water St
Coordinates
42.25770, -71.79511

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
$3,245
Gross rental yield
11.98%
Implied cap rate
7.79%
Trend-extrapolated value

Frequently asked questions

When did 48 Water St last sell?
48 Water St most recently sold on Jun 28, 2022 for $325,000.
What is the current tax assessment for 48 Water St?
The most recent total assessment for 48 Water St (year 2025) is $326,100 with $4,301 in property tax.
How does 48 Water St's assessment compare to its last sale price?
The current assessment is 0.3% above the last sale price of $325,000.
When was 48 Water St built?
48 Water St was built in 1890.
How does 48 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 48 Water St?
48 Water St is a 1 bed, 2 bath, 1,119 sqft condos.
Is 48 Water St a flip candidate?
No — 48 Water St does not appear in our flips dataset.
Is 48 Water St a tax-appeal candidate?
No — 48 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
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$426.8K
2026 Q4
$421.8K
ZIP 01604 — Median Price History + Forecast

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