394 Prospect St
Shrewsbury, MA 01545
4 bd 3 ba 2,929 sqft Built 1997 Lot 27,443 sqft single_family
Most recent sale
$850,000
Nov 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 30, 2022 | Sold | $850,000 | MLSPIN |
| Oct 21, 2022 | Listed | $810,000 | MLSPIN |
| May 9, 1997 | Sold | $324,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $632,400 | $293,700 | $926,100 | $11,150 |
| 2024 | $629,400 | $279,700 | $909,100 | $11,255 |
| 2023 | $486,600 | $279,700 | $766,300 | $10,054 |
| 2022 | $406,600 | $248,600 | $655,200 | $9,245 |
| 2020 | $382,100 | $248,600 | $630,700 | $7,865 |
| 2019 | $365,700 | $239,600 | $605,300 | $7,609 |
| 2018 | $401,700 | $221,200 | $622,900 | $7,886 |
| 2017 | $388,500 | $201,800 | $590,300 | $7,574 |
| 2016 | $388,500 | $190,700 | $579,200 | $7,530 |
| 2015 | $388,500 | $170,300 | $558,800 | $7,376 |
| 2014 | $385,300 | $169,400 | $554,700 | $6,751 |
| 2006 | $329,300 | $209,400 | $538,700 | $4,978 |
| 2005 | $307,700 | $187,500 | $495,200 | $4,823 |
| 2004 | $302,700 | $181,000 | $483,700 | $4,798 |
| 2003 | $312,100 | $129,300 | $441,400 | $4,679 |
Property facts
Year built
1997
Property type
single_family
Stories
—
Beds
4
Baths
3
Living area
2,929 sqft
Lot size
27,443 sqft
ZIP code
01545
City
Shrewsbury
Street
Prospect St
Coordinates
42.32439, -71.70249
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,494
Gross rental yield
11.99%
Implied cap rate
7.79%
Trend-extrapolated value
—
Frequently asked questions
When did 394 Prospect St last sell?
394 Prospect St most recently sold on Nov 30, 2022 for $850,000.
What is the current tax assessment for 394 Prospect St?
The most recent total assessment for 394 Prospect St (year 2025) is $926,100 with $11,150 in property tax.
How does 394 Prospect St's assessment compare to its last sale price?
The current assessment is 9.0% above the last sale price of $850,000.
When was 394 Prospect St built?
394 Prospect St was built in 1997.
How does 394 Prospect St compare to others on Prospect St?
We track 8 other properties on Prospect St. Browse the list under "Other properties on Prospect St" to compare beds, baths, and sale history.
What are the property facts for 394 Prospect St?
394 Prospect St is a 4 bed, 3 bath, 2,929 sqft, 27,443 sqft lot single_family.
Is 394 Prospect St a flip candidate?
No — 394 Prospect St does not appear in our flips dataset.
Is 394 Prospect St a tax-appeal candidate?
No — 394 Prospect St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.5%
Implied 1-yr
+6.2%
2026 Q3
$811.7K
2026 Q4
$823.1K
ZIP 01545 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Prospect St