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    Property profile & analytics

    46-48 Water St Milford, MA 01757

    • Investment properties
    • 5,726 SF
    • 0.46 lot acres
    OFF-MARKET
    Value Estimation
    $220,000
    Location Intelligence
    Property ID
    US38-1161108
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 46-48 Water St

    Year built
    1927
    Construction
    FRAME
    Lot size
    0.46 lot acres
    Property size
    5,726 SF
    Zone code
    RA
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MILF M:49 B:000 L:28
    APU
    MILFM49B000L28

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.5276
    Latitude
    42.1381
    CBSA code
    49340
    CBSA name
    WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $183,500
    $315,900
    $499,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.78 Acres

      350 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 6.78 Acres
      350 Main St, Milford, MA 01757-2835
      View Details
    • Value Estimation
      $865,000
      4,624 SF

      64 Central St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,624 SF
      64 Central St, Milford, MA 01757-3300
      View Details
    • Value Estimation
      $155,000
      1,915 SF

      25-27 Congress St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,915 SF
      25-27 Congress St, Milford, MA 01757
      View Details
    • Value Estimation
      $340,000
      2,080 SF

      8 Eames St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,080 SF
      8 Eames St, Milford, MA 01757-3706
      View Details
    • Value Estimation
      $210,000
      1,932 SF

      95 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,932 SF
      95 Main St, Milford, MA 01757-2700
      View Details
    • Value Estimation by Request
      3,446 SF

      1 Ww St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,446 SF
      1 Ww St, Milford, MA 01757-4159
      View Details

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    Similar Nearby for Lease

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      Prime Milford Retail Space

      6,364 SF Free-Standing Retail Building
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      Retail and office space with high visibility and ample parking.
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      50,000 SF

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      2,800 SF

      Retail Space in Milford Plaza

      Retail space available in updated Milford Plaza shopping center.
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      Retail space suitable for restaurant or cafe in Milford, MA.
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      Versatile Office Spaces For Lease

      Three office spaces available in a high-traffic location.
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      View Details
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    46-48 Water St
    Milford, MA 01757
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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