48 Washington St Shrewsbury — Photo 1 of 36
$439,000
Investment Analysis — 48 Washington St
Shrewsbury, MA 01545
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01545 carries an estimated $3,470/mo in gross rent — about a 5.87% cap rate and $25,778/yr in estimated NOI at the $439,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1
SqFt
1,782
Style
Single Family
Built
1956
BEST & FINAL offers due Tuesday, 9/1 @ 10am! Welcome to this charming 3 bedroom ranch home in a highly desirable area of Shrewsbury, with a functional layout that blends classic longevity with immediate comfort. Well built and structurally sound, this home offers the perfect backdrop to live comfortably today, while you layer in your own personal style and modern updates tomorrow. A brand-new roof and transferable warranty provides added peace of mind for the next owner.Inside, hardwood flooring beneath the existing carpeting offers new possibilities to refresh and transform the space. The comfortable layout includes a spacious bonus room with fireplace and vaulted ceiling, creating valuable flexibility for a family room, home office, playroom, gym, or additional entertainment space. The partially finished basement offers tons of storage space, and the attached garage provides convenient covered parking and additional storage.Conveniently located in Shrewsbury, minutes away from Dean Park, with easy access to schools, shopping, dining, and major routes, this well established home is ready for your personal touch.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 891 sq ft (the lesser of 900 sq ft or half the 1,782 sq ft principal dwelling). Lot size: 10,000 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Freezer • Washer
Neighborhood
Park • Walk/Jog Trails • Medical Facility • Bike Path • Conservation Area • Highway Access
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,FirstCloset, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Window(s) - Bay/Bow/Box, Exterior Access
Dining Room
Lvl Main,FirstCeiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Lighting - Overhead
Kitchen
Lvl Main,FirstCloset/Cabinets - Custom Built, Lighting - Overhead
Family Room
Lvl FirstBeamed Ceilings, Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Exterior Access, Lighting - Overhead
Master Bedroom
Lvl Main,FirstCeiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Main,FirstBedroom 3
Lvl Main,FirstCloset, Flooring - Hardwood, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl Main,FirstBathroom - With Tub & Shower, Closet
Listing Agent: Andrea Beth Castinetti
Listing Office: Castinetti Realty Group
MLS® Number: 73568543