
4 Shaw St Medway — Photo 1 of 39
Recent Drop: $20,900
$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.
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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
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
Living Room
Lvl First19 x 11
Flooring - Hardwood, Window(s) - Picture, Exterior Access
Dining Room
Lvl First11 x 14
Closet, Flooring - Vinyl, Window(s) - Picture, Wainscoting, Lighting - Overhead
Kitchen
Lvl First15 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 First34 x 19
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Deck - Exterior, Exterior Access, Recessed Lighting, Slider
Master Bedroom
Lvl Second24 x 13
Skylight, Ceiling Fan(s), Beamed Ceilings, Vaulted Ceiling(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second14 x 11
Bedroom 3
Lvl Second10 x 10
Closet, Flooring - Vinyl, Window(s) - Picture, Lighting - Overhead
Bedroom 4
Lvl Second9 x 12
Closet, Flooring - Vinyl, Window(s) - Picture, Lighting - Overhead
Bathroom 1
Lvl First7 x 13
Bathroom - Full, Bathroom - With Shower Stall, Flooring - Stone/Ceramic Tile, Dryer Hookup - Electric, Washer Hookup
Property History
$679,000
Was $699,900
Sep 8, 2026
MLS® 73549353
$699,900
Jul 14, 2026
MLS® 73549353
Listing Agent: The Varano Realty Group
Listing Office: Keller Williams Realty
MLS® Number: 73549353
