8 Lantern Ln Shrewsbury — Photo 1 of 37
$950,000
Investment Analysis — 8 Lantern Ln
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 2.63% cap rate and $25,018/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2.5
SqFt
2,424
Style
Single Family
Built
1976
Don't miss your last chance to secure a spot in Shrewsbury's top-rated schools just as the new school year begins! Perfectly situated on a quiet cul-de-sac in the highly desirable north side of town, this beautifully updated home provides unmatched convenience near the high school, local shopping, and quick highway access. Inside, you will find a turn-key interior that presents like new construction with stunning hardwood flooring and trendy designer lighting. The main level offers a formal living and dining room, plus a cozy family room with a fireplace. The spectacular, custom-designed white kitchen takes center stage, boasting premium granite countertops and stainless steel appliances. Upstairs features an exceptionally large primary suite with a luxurious new tile shower, plus a massive walk-in attic for storage or future expansion. The professionally manicured, fully fenced park-like yard is a private oasis, complete with a pristine gunite pool and gorgeous specimen trees. A direct walking path leads right to Spring Street School from this amazing neighborhood!
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 2,424 sq ft principal dwelling). Lot size: 18,334 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 • Disposal • Trash Compactor • Microwave • Freezer • ENERGY STAR Qualified Refrigerator • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Dishwasher • ENERGY STAR Qualified Washer • Oven • Other
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl FirstFlooring - Wood, Lighting - Sconce
Dining Room
Lvl FirstFlooring - Wood, Wainscoting, Lighting - Overhead
Kitchen
Lvl FirstFlooring - Wood, Countertops - Stone/Granite/Solid, Kitchen Island, Open Floorplan, Recessed Lighting, Stainless Steel Appliances, Lighting - Overhead
Family Room
Lvl FirstFlooring - Wood
Primary Bedroom
Lvl SecondBathroom - Full, Walk-In Closet(s), Flooring - Wood
Bedroom 2
Lvl SecondBedroom 3
Lvl SecondCloset, Flooring - Wood
Bathroom 1
Lvl FirstBathroom - Half
Bathroom 2
Lvl SecondBathroom - Full
Bathroom 3
Lvl SecondBathroom - Full
Listing Agent: John Snyder
Listing Office: Redfin Corp.
MLS® Number: 73579336
