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352 Grafton St Shrewsbury — Photo 1 of 42

352 Grafton St Shrewsbury — Photo 1 of 42

$779,000

Investment Analysis — 352 Grafton St

Shrewsbury, MA 01545

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01545 carries an estimated $3,850/mo in gross rent — about a 3.11% cap rate and $24,188/yr in estimated NOI at the $779,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

3.5

SqFt

3,151

Style

Single Family

Built

1999

Tucked well back from Grafton Street on more than an acre, this spacious Colonial offers something increasingly hard to find in Shrewsbury: privacy, land, generous living space and the opportunity to make a substantial home your own. The long setback creates a surprisingly secluded setting with plenty of outdoor space for entertaining, gardening, play or simply enjoying the privacy.Inside, hardwood floors, impressive ceiling height and decorative molding give the main level a strong foundation for future updates. A vaulted family room with fireplace offers a dramatic gathering space, while the oversized eat-in kitchen provides abundant room for cooking, dining and entertaining, along with a pantry closet for additional storage. First-floor laundry and a half bath add everyday convenience.Upstairs, four bedrooms with fresh carpeting provide excellent flexibility, including a generous primary suite with walk-in closet and private bath, plus a second full bath for the remaining bedrooms.The finished lower level significantly expands the usable living space and includes another full bathroom, creating options for a recreation room, guest space, home office, gym or extended living area.This home is ready for cosmetic updating, but the fundamentals are already here: acreage, privacy, scale, hardwood flooring, four bedrooms, 3.5 baths, finished lower-level space and a highly desirable Shrewsbury location. For a buyer with vision, thoughtful improvements could transform this into an exceptional long-term home while building meaningful value along the way.

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 3,151 sq ft principal dwelling). Lot size: 59,677 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.

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Property Details

Financials

Original Price$779,000
Annual Taxes$10,924

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms8
Fireplaces1
FlooringTile, Hardwood, Flooring - Wall to Wall Carpet
BasementFull, Finished, Interior Entry

Climate & Utilities

HeatingForced Air, Oil
CoolingCentral Air
WaterPublic
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRA

Property & Lot

Acres1.37
SqFt Lot59,677
Lot FeaturesEasements, Cleared, Gentle Sloping

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat • Bike Path

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4Bathroom 2Bathroom 3
First
Family Room
Main,First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl Main,First

Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead

Dining Room
Lvl Main,First

Flooring - Hardwood, Lighting - Overhead, Decorative Molding

Kitchen
Lvl Main,First

Flooring - Hardwood, Dining Area, Pantry, Kitchen Island, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead

Family Room
Lvl First

Ceiling Fan(s), Vaulted Ceiling(s), Flooring - Wall to Wall Carpet, Recessed Lighting

Master Bedroom
Lvl Second

Bathroom - Full, Ceiling Fan(s), Walk-In Closet(s), Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 2
Lvl Second
Bedroom 3
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bedroom 4
Lvl Second

Ceiling Fan(s), Closet, Flooring - Wall to Wall Carpet, Lighting - Overhead

Bathroom 1
Lvl Main,First

Bathroom - Half, Dryer Hookup - Electric, Washer Hookup, Lighting - Overhead

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - With Tub & Shower

Listing Provided By

Listing Agent: Andrea Beth Castinetti

Listing Office: Castinetti Realty Group

MLS® Number: 73575104