
16 Mars Dr Shrewsbury — Photo 1 of 42
$745,000
Investment Analysis — 16 Mars Dr
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 3.66% cap rate and $27,275/yr in estimated NOI at the $745,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
2.5
SqFt
3,016
Style
Single Family
Built
1956
$2,500 CLOSING COST CREDIT! Welcome to 16 Mars Drive, a spacious and thoughtfully expanded Shrewsbury home offering more than meets the eye. With 5+ bedrooms, 2.5 bathrooms, a finished basement, and a flexible multi-level layout, this property delivers exceptional versatility for today’s changing needs.The home underwent a major transformation in 2002, when the first floor was completely remodeled and an expansive second level was added. The result is a well-designed residence with generous room sizes, abundant natural light, and multiple spaces that can easily adapt for bedrooms, home offices, guest accommodations, hobbies, fitness, or recreation.The main level offers an inviting flow for both everyday living and entertaining, with comfortable gathering spaces and a functional kitchen featuring ample cabinetry and workspace. The 2002 remodel created a strong foundation for the home while maintaining the opportunity for future owners to introduce their own finishes and design preferences.Upstairs, the added second level provides substantial additional living space and well-proportioned rooms, giving the home a scale and flexibility that can be difficult to find. With more than five potential bedrooms throughout the property, there is no shortage of options for creating private workspaces, quiet retreats, or specialized rooms tailored to individual needs.The finished basement expands the possibilities even further, providing valuable bonus space for a media room, game room, exercise area, workshop, or additional storage. Outdoors, the generous backyard offers plenty of room for gardening, outdoor dining, summer gatherings, recreation, or simply relaxing in a private setting.Located in an established Shrewsbury neighborhood with convenient access to shopping, dining, parks, medical facilities, and major commuter routes, 16 Mars Drive combines space, flexibility, location, and outstanding potential. Move in and enjoy the home today while making cosmetic updates over time to create a space that is entirely your own.To make this opportunity even more attractive, the seller is offering a $2,500 closing cost credit to the buyer at closing, subject to lender approval. Bring your vision and discover just how much 16 Mars Drive has to offer!
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 3,016 sq ft principal dwelling). Lot size: 13,750 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
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First12 x 13
Dining Room
Lvl First9 x 8
Kitchen
Lvl First11 x 13
Office
Lvl First12 x 8
Family Room
Lvl Basement38 x 21
Master Bedroom
Lvl Second14 x 24
Bedroom 2
Lvl Second14 x 10
Bedroom 3
Lvl Second12 x 9
Bedroom 4
Lvl Second10 x 14
Bedroom 5
Lvl First12 x 11
Bathroom 1
Lvl First5 x 8
Bathroom 2
Lvl Second8 x 7
Bathroom 3
Lvl Basement5 x 3
Property History
$745,000
Sep 1, 2026
MLS® 73570844
$760,000
Aug 31, 2026
MLS® 73531469
$760,000
Jun 7, 2026
MLS® 73531469
Listing Agent: Nicholas Panarelli
Listing Office: Castinetti Realty Group
MLS® Number: 73570844
