Active
60 Days on market
4 Shaw St Medway — Photo 1 of 39

4 Shaw St Medway — Photo 1 of 39

Recent Drop: $20,900

$699,900
$679,000

$679,000

Investment Analysis — 4 Shaw St

Medway, MA 02053

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 02053 carries an estimated $3,390/mo in gross rent — about a 3.46% cap rate and $23,498/yr in estimated NOI at the $679,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1

SqFt

2,217

Style

Single Family

Built

1870

**Motivated Seller will provide $10,000 towards the buyer's closing costs OR towards adding an additional bathroom on the second floor.** Enjoy your morning coffee with breathtaking panoramic views of the Charles River from your deck and backyard in this beautifully updated 1870 Colonial, where historic charm meets modern comfort. Perfectly positioned along the waterfront, the property wraps around the Charles River, offering exceptional river frontage, tremendous water views, and a front-row seat to abundant wildlife. Offering over 2,200 sq ft, this home features a bright, open layout designed for comfortable living and effortless entertaining. The impressive kitchen showcases vaulted beamed ceilings, granite countertops, stainless steel appliances, and a large center island overlooking the main living area. Step outside and unwind as the river becomes your backyard. A flexible floor plan offers 4 bedrooms and a walk-up attic ready to be finished for additional living space. Set on a private ¾-acre lot with mature landscaping and convenient access to top-rated Medway schools, shopping, dining, and major routes to Boston, Worcester, and Providence.

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 2,217 sq ft principal dwelling). Lot size: 32,670 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$699,900
Annual Taxes$7,419

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms8
FireplacesNone
FlooringWood, Tile, Hardwood
BasementFull, Walk-Out Access, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Electric Baseboard, Oil
CoolingCentral Air, Other
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone
ZoningARII

Property & Lot

Acres0.75
SqFt Lot32,670
Lot FeaturesWooded

Amenities & Appliances

Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl First

19 x 11

Flooring - Hardwood, Window(s) - Picture, Exterior Access

Dining Room
Lvl First

11 x 14

Closet, Flooring - Vinyl, Window(s) - Picture, Wainscoting, Lighting - Overhead

Kitchen
Lvl First

15 x 18

Cathedral Ceiling(s), Ceiling Fan(s), Beamed Ceilings, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Countertops - Stone/Granite/Solid, Kitchen Island, Exterior Access, Stainless Steel Appliances

Family Room
Lvl First

34 x 19

Flooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Recessed Lighting, Slider

Master Bedroom
Lvl Second

24 x 13

Skylight, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

14 x 11

Bedroom 3
Lvl Second

10 x 10

Closet, Flooring - Vinyl, Window(s) - Picture, Lighting - Overhead

Bedroom 4
Lvl Second

9 x 12

Closet, Flooring - Vinyl, Window(s) - Picture, Lighting - Overhead

Bathroom 1
Lvl First

7 x 13

Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup

Property History

Price Drop
$679,000

Was $699,900

Sep 8, 2026

MLS® 73549353

Listed
$699,900

Jul 14, 2026

MLS® 73549353

Listing Provided By

Listing Agent: The Varano Realty Group

Listing Office: Keller Williams Realty

MLS® Number: 73549353