$199,000
●
Condo -
Off Market
48 Water St #310
Worcester, MA 01604
1 Bed
1 Bath
864 Ft²
$301,093
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Welcome to the beautifully restored Canal Lofts located in
Worcester's increasingly popular Canal District. Once home to the
W.H. Hill Envelope Company, the Canal Lofts are now ready to be
home to you! 1 and 2 bedroom lofts are available featuring
beautiful exposed brick, wide-plank flooring, soaring ceilings and
luxurious kitchens & baths. The building has secure entry, elevator
service, a community room and fitness center. Just outside your
door the best of Worcester is waiting to be enjoyed! And, did we
mention you're under a minute from the highway and just a short
walk to the trains at Union Station! We can go on and on about
these unique lofts and the quality of life that come with them, but
we'd prefer to show you around. Contact us today to schedule a
private tour. *Photos depict a model unit*
Unit Size
864 Ft²
Days on Market
-
Land Size
-
Price per sqft
$230
Property Type
Condo
Property Taxes
-
HOA Dues
$397
Year Built
1900
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (MLSPIN #72314087)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Apr 24, 2018 | Listed by RE/MAX Prof Associates | $199,000 | |
| Listed by RE/MAX Prof Associates | |||
| | |||
|
Welcome to the beautifully restored Canal Lofts located in Worcester's increasingly popular Canal District. Once home to the W.H. Hill Envelope Company, the Canal Lofts are now ready to be home to you! 1 and 2 bedroom lofts are available featuring beautiful exposed brick, wide-plank flooring, soaring ceilings and luxurious kitchens & baths. The building has secure entry, elevator service, a community room and fitness center. Just outside your door the best of Worcester is waiting to be enjoyed! And, did we mention you're under a minute from the highway and just a short walk to the trains at Union Station! We can go on and on about these unique lofts and the quality of life that come with them, but we'd prefer to show you around. Contact us today to schedule a private tour. *Photos depict a model unit*
| |||
Property Highlights
Parking Available
Elevator
Air Conditioning
With View
Parking Details
Parking Features: Off Street
Interior Details
Full Bathrooms: 1
Interior Features: Den
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Plumbed For Ice Maker
Flooring Type: Engineered Hardwood
Laundry Features: In Unit, Electric Dryer Hookup, Washer Hookup, First Floor
Rooms: 4
Basement: N
Exterior Details
Has Property Attached
Square Footage: 864
Square Footage Source: $0
Security Features: Intercom, TV Monitor
Year Built Source: Public Records
Year Built: 1890
Building Name: Canal Lofts
Building Area Total: 864
Building Area Units: Square Feet
Construction Materials: Brick, Post & Beam
Lot Size Units: Acres
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Water, Sewer, Insurance, Security, Maintenance Structure, Snow Removal, Trash, Heat, Reserve Funds
HOA/Condo/Coop Amenities: Hot Water, Elevator(s), Fitness Center, Clubroom
HOA Fee: $397
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/03/2026
|
1 Bed
|
1 Bath
|
871 ft²
|
$350,000
1 Bed
1 Bath
871 ft²
|
-
-
|
Katey Tata
Keller Williams Realty North Central
| |
|
09/16/2025
|
1 Bed
|
1 Bath
|
868 ft²
|
$369,900
1 Bed
1 Bath
868 ft²
|
-
-
|
Alisa Waskevich
Waskevich Realty Group
| |
|
03/18/2024
|
2 Bed
|
2 Bath
|
1523 ft²
|
$489,900
2 Bed
2 Bath
1523 ft²
|
$489,900
05/02/2024
|
Tracy Kok
Keith Brokerage, LLC
| |
|
11/14/2023
|
1 Bed
|
1 Bath
|
895 ft²
|
$299,900
1 Bed
1 Bath
895 ft²
|
$350,000
+16.71%
01/11/2024
|
Mark Toomy
Expert Agents Realty, LLC
| |
|
05/03/2022
|
1 Bed
|
1 Bath
|
1119 ft²
|
$299,999
1 Bed
1 Bath
1119 ft²
|
$325,000
+8.33%
06/28/2022
|
Kyle Anderson
Century 21 Commonwealth
| |
|
06/28/2021
|
1 Bed
|
1 Bath
|
608 ft²
|
$275,000
1 Bed
1 Bath
608 ft²
|
$267,500
-2.73%
09/03/2021
|
Brian Cosenza
EXIT New Options Real Estate
| |
|
05/18/2021
|
1 Bed
|
1 Bath
|
925 ft²
|
$299,900
1 Bed
1 Bath
925 ft²
|
$320,000
+6.70%
09/03/2021
|
Tracy Kok
Keith Brokerage, LLC
| |
|
08/24/2020
|
2 Bed
|
2 Bath
|
1250 ft²
|
$349,900
2 Bed
2 Bath
1250 ft²
|
$360,000
+2.89%
10/13/2020
|
Tracy Kok
Keith Brokerage, LLC
| |
|
02/21/2020
|
1 Bed
|
1 Bath
|
608 ft²
|
$214,900
1 Bed
1 Bath
608 ft²
|
$214,900
03/24/2020
|
Elaine Evans Group
RE/MAX Generations
| |
|
02/08/2019
|
1 Bed
|
2 Bath
|
1030 ft²
|
$229,000
1 Bed
2 Bath
1030 ft²
|
$229,000
03/22/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
12/19/2018
|
1 Bed
|
2 Bath
|
893 ft²
|
$205,000
1 Bed
2 Bath
893 ft²
|
$205,000
02/25/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
12/11/2018
|
1 Bed
|
1 Bath
|
868 ft²
|
$199,000
1 Bed
1 Bath
868 ft²
|
$209,900
+5.48%
02/25/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/07/2018
|
1 Bed
|
2 Bath
|
1081 ft²
|
$239,000
1 Bed
2 Bath
1081 ft²
|
$239,000
02/08/2019
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/07/2018
|
1 Bed
|
1 Bath
|
920 ft²
|
$209,000
1 Bed
1 Bath
920 ft²
|
$209,000
12/27/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
10/23/2018
|
1 Bed
|
1 Bath
|
1034 ft²
|
$218,000
1 Bed
1 Bath
1034 ft²
|
$216,000
-0.92%
12/18/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
10/20/2018
|
2 Bed
|
2 Bath
|
1322 ft²
|
$349,900
2 Bed
2 Bath
1322 ft²
|
$342,000
-2.26%
02/28/2019
|
Cristy Jankun
Patrick A. Arena
| |
|
10/03/2018
|
1 Bed
|
1 Bath
|
871 ft²
|
$195,000
1 Bed
1 Bath
871 ft²
|
$195,000
12/12/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
04/24/2018
|
1 Bed
|
1 Bath
|
864 ft²
|
$199,000
1 Bed
1 Bath
864 ft²
|
$199,000
07/31/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
02/01/2018
|
2 Bed
|
3 Bath
|
1273 ft²
|
$279,900
2 Bed
3 Bath
1273 ft²
|
$272,000
-2.82%
06/27/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
01/29/2018
|
1 Bed
|
1 Bath
|
961 ft²
|
$212,000
1 Bed
1 Bath
961 ft²
|
$212,000
02/28/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
01/09/2018
|
1 Bed
|
1 Bath
|
1077 ft²
|
$237,000
1 Bed
1 Bath
1077 ft²
|
$237,000
04/19/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
01/05/2018
|
1 Bed
|
1 Bath
|
608 ft²
|
$159,900
1 Bed
1 Bath
608 ft²
|
$159,900
02/28/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/28/2017
|
1 Bed
|
1 Bath
|
1099 ft²
|
$241,000
1 Bed
1 Bath
1099 ft²
|
$241,000
12/20/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/15/2017
|
2 Bed
|
2 Bath
|
1250 ft²
|
$282,000
2 Bed
2 Bath
1250 ft²
|
$282,000
06/28/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
11/14/2017
|
1 Bed
|
1 Bath
|
854 ft²
|
$195,000
1 Bed
1 Bath
854 ft²
|
$195,000
07/31/2018
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
09/28/2017
|
1 Bed
|
1 Bath
|
1130 ft²
|
$253,000
1 Bed
1 Bath
1130 ft²
|
$253,000
12/15/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
09/26/2017
|
2 Bed
|
2 Bath
|
1322 ft²
|
$290,000
2 Bed
2 Bath
1322 ft²
|
$285,000
-1.72%
11/14/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
09/25/2017
|
1 Bed
|
1 Bath
|
1028 ft²
|
$226,000
1 Bed
1 Bath
1028 ft²
|
$226,000
10/16/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
08/09/2017
|
1 Bed
|
1 Bath
|
1036 ft²
|
$246,000
1 Bed
1 Bath
1036 ft²
|
$246,000
11/17/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
08/09/2017
|
1 Bed
|
1 Bath
|
935 ft²
|
$208,000
1 Bed
1 Bath
935 ft²
|
$208,000
11/02/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
07/13/2017
|
1 Bed
|
1 Bath
|
895 ft²
|
$195,000
1 Bed
1 Bath
895 ft²
|
$195,000
12/27/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
06/30/2017
|
1 Bed
|
1 Bath
|
822 ft²
|
$180,000
1 Bed
1 Bath
822 ft²
|
$184,000
+2.22%
08/14/2017
|
Jonathan Keith
Keith Brokerage, LLC
| |
|
07/04/2007
| |
Loft
|
6 Bath
|
91350 ft²
|
$2,000,000
Loft
6 Bath
91350 ft²
|
$1,375,000
-31.25%
06/11/2010
|
Jane Fine
Justine Snyder
|
Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017