5 Merriam Avenue Shrewsbury — Photo 1 of 40
$1,325,000
Investment Analysis — 5 Merriam Avenue
Shrewsbury, MA 01545
Based on HUD Small Area Fair Market Rent, a 4-bedroom in 01545 carries an estimated $9,300/mo in gross rent — about a 5.39% cap rate and $71,395/yr in estimated NOI at the $1,325,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3.5
SqFt
3,706
Style
Single Family
Built
2008
OPEN THIS SATURDAY FROM 12-2. Please come visit this absolutely stunning Shrewsbury Center colonial. If you can find a better home, BUY IT! This home was originally built with top quality materials and finishes and has been tastefully transformed into a bright and inviting property with a modern approach and an open floor plan. Recent upgrades and improvements include a brand new fully applianced kitchen. Subzero, Wolf, quartz... It's all there! This is the centerpiece of the first floor which also includes a large dining area, living room with gas fireplace, and a comfortable den for the ultimate in relaxation. A beautiful hardwood staircase and stainless steel cable railing system will lead you from the foyer to two upper levels where you will be impressed by 4 bedrooms, a fireplaced office, three full baths and a den/playroom area. Plus a three car garage, deck, patio, outdoor fireplace, and privacy galore. Most upgrades are 2020 and newer. **Free California closet upgrade with acceptable offer!** Be sure to view all 42 photos!
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: 900 sq ft (the lesser of 900 sq ft or half the 3,706 sq ft principal dwelling). Lot size: 12,936 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
Gas Water Heater • Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
Dining Room
Lvl FirstFlooring - Hardwood, French Doors, Wainscoting, Crown Molding, Tray Ceiling(s)
Kitchen
Lvl FirstFlooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Kitchen Island, Cabinets - Upgraded, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting
Office
Lvl SecondFireplace, Flooring - Wall to Wall Carpet, French Doors
Family Room
Lvl FirstFlooring - Hardwood, Open Floorplan, Recessed Lighting, Crown Molding
Primary Bedroom
Lvl SecondBathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Closet/Cabinets - Custom Built, Flooring - Hardwood, Flooring - Wall to Wall Carpet, Crown Molding
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondBathroom - 3/4, Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet
Bedroom 4
Lvl SecondCloset, Flooring - Wall to Wall Carpet
Bathroom 1
Lvl FirstBathroom - Half, Crown Molding, Decorative Molding
Bathroom 2
Lvl SecondBathroom - Full, Bathroom - Tiled With Shower Stall, Bathroom - With Tub, Flooring - Stone/Ceramic Tile, Countertops - Stone/Granite/Solid, Jacuzzi / Whirlpool Soaking Tub, Double Vanity, Recessed Lighting, Lighting - Sconce
Bathroom 3
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Lighting - Sconce
Property History
$1,325,000
Oct 2, 2026
MLS® 73586005
$1,325,000
Sep 30, 2026
MLS® 73551043
$1,325,000
Jul 16, 2026
MLS® 73551043
Listing Agent: Stephen Laska
Listing Office: RE/MAX Vision
MLS® Number: 73586005
