16 Hill St Shrewsbury — Photo 1 of 42
Recent Drop: $130,900
$869,000
Investment Analysis — 16 Hill 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 2.85% cap rate and $24,765/yr in estimated NOI at the $869,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
3
SqFt
3,913
Style
Single Family
Built
1988
Discover a truly inviting home at 16 Hill St, Shrewsbury, MA, a single-family residence built in 1988, offering 3913 square feet of comfortable living space. This property is ready for you to move in and begin your next chapter. The heart of this home resides in its kitchen, where an expansive island takes center stage, creating a perfect hub for culinary exploration and social gatherings. This space seamlessly flows into the living room, fostering an open and connected atmosphere. Beyond the interior, a private yard awaits, offering a secluded retreat for relaxation or recreation. Complementing this outdoor haven is a dedicated outdoor living space, perfect for al fresco dining or entertaining. An attached two-car garage provides convenient parking and additional storage. Step out onto the porch, an ideal spot for enjoying the fresh air.
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 3,913 sq ft principal dwelling). Lot size: 43,150 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
Electric Water Heater • Range • Oven • Dishwasher • Microwave • Refrigerator • Washer • Dryer
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Hardwood, Window(s) - Picture
Dining Room
Lvl FirstFlooring - Hardwood
Kitchen
Lvl FirstFlooring - Stone/Ceramic Tile, Countertops - Upgraded, Kitchen Island
Family Room
Lvl FirstFlooring - Wall to Wall Carpet
Primary Bedroom
Lvl SecondBedroom 2
Lvl SecondBedroom 3
Lvl SecondBedroom 4
Lvl SecondBedroom 5
Lvl SecondBathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full
Property History
$869,000
Was $879,000
Aug 31, 2026
MLS® 73545738
$879,000
Was $899,000
Aug 28, 2026
MLS® 73545738
$899,000
Was $909,000
Aug 21, 2026
MLS® 73545738
$909,000
Was $929,000
Aug 17, 2026
MLS® 73545738
$929,000
Was $939,000
Aug 1, 2026
MLS® 73545738
$939,000
Was $959,000
Aug 1, 2026
MLS® 73545738
$959,000
Was $999,900
Jul 29, 2026
MLS® 73545738
$999,900
Jul 7, 2026
MLS® 73545738
Listing Agent: Tammy C. Morrison
Listing Office: Tammy Morrison Real Estate
MLS® Number: 73545738
