Back to Search
Active
6 Days on market
75 Spring St Shrewsbury — Photo 1 of 41

75 Spring St Shrewsbury — Photo 1 of 41

$1,430,000

Investment Analysis — 75 Spring St

Shrewsbury, MA 01545

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 5-bedroom in 01545 carries an estimated $3,850/mo in gross rent — about a 1.34% cap rate and $19,097/yr in estimated NOI at the $1,430,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

5

Baths

4.5

SqFt

4,871

Style

Single Family

Built

2002

Set on 1.64 acres in Shrewsbury, this nearly 5,000 sq ft Colonial offers 5 bedrooms, 4.5 baths, flexible multi-generational living space, and a private resort-style backyard designed for entertaining and everyday enjoyment. The main level features an expansive fireplaced living room, spacious kitchen with center island, pantry, stainless appliances and generous workspace, a formal dining room with architectural detail, and convenient first-floor laundry. Upstairs, the primary suite includes a private full bath, walk-in closet and balcony. A second bedroom also features its own private en suite bath, creating an ideal guest or extended-family setup. Two additional bedrooms share a fully renovated hall bath, and all bedrooms have new carpeting. The finished walk-out lower level adds exceptional flexibility with a large family room, wet bar, fifth bedroom, full bath and direct exterior access, perfect for guests, recreation, home office space or multi-generational living. Outside, the property becomes a true retreat with a heated in-ground salt water pool + spa, gazebo, extensive patio and hardscape, mature surroundings, and striking wrought-iron fencing and gated access. Major improvements include a new roof in 2025, central AC equipment replaced during current ownership, and a 2018 hot water tank, with heating and cooling professionally maintained. Additional features include an attached 2-car garage, public water and sewer, natural gas, generous storage and multiple living areas. Convenient to Shrewsbury schools, Dean Park, town center, shopping, dining and major commuter routes, this property offers rare space, privacy and resort-style amenities in one of Central Massachusetts’ most desirable communities.

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 4,871 sq ft principal dwelling). Lot size: 71,438 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.

Open Houses

Property Details

Financials

Original Price$1,430,000
Annual Taxes$16,015

Parking

Garage2
Off-Street12

Interior Specifications

Total Rooms9
Fireplaces1
FlooringTile, Carpet, Hardwood, Flooring - Stone/Ceramic Tile
BasementFull, Finished, Walk-Out Access, Interior Entry

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB1

Property & Lot

Acres1.64
SqFt Lot71,438
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Disposal • Range • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Pool • Tennis Court(s) • Park • Walk/Jog Trails • Golf

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
Basement
Bedroom 5
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

24.583333333 x 25

Closet/Cabinets - Custom Built, Flooring - Hardwood, Open Floorplan, Recessed Lighting, Decorative Molding, Window Seat

Dining Room
Lvl Main,First

15.25 x 13.333333333

Flooring - Hardwood, Lighting - Overhead, Decorative Molding, Tray Ceiling(s)

Kitchen
Lvl Main,First

19.083333333 x 13.916666666

Flooring - Hardwood, Dining Area, Countertops - Stone/Granite/Solid, Breakfast Bar / Nook, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Storage, Gas Stove, Lighting - Pendant

Primary Bedroom
Lvl Second

14.083333333 x 24.583333333

Bathroom - Full, Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Balcony / Deck, French Doors, Exterior Access

Bedroom 2
Lvl Second

23.416666666 x 22.083333333

Bedroom 3
Lvl Second

14.916666666 x 10.916666666

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 4
Lvl Second

20.5 x 10.666666666

Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 5
Lvl Basement

11.25 x 15.333333333

Closet, Flooring - Stone/Ceramic Tile, Lighting - Overhead

Bathroom 1
Lvl Main,First

5.416666666 x 5.833333333

Bathroom - Half, Flooring - Stone/Ceramic Tile

Bathroom 2
Lvl Second

14.916666666 x 5.416666666

Bathroom - Tiled With Shower Stall

Bathroom 3
Lvl Second

12.833333333 x 19.083333333

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Jacuzzi / Whirlpool Soaking Tub, Decorative Molding

Listing Provided By

Listing Agent: Andrea Beth Castinetti

Listing Office: Castinetti Realty Group

MLS® Number: 73583834