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Canceled

115 Franklin St, Stoneham MA 02180

$949,900

Estimated $2,141.59/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $474,950

Total Rent: 38400/year

Estimated CAP Rate: 3.28%

6 Bedrooms

2 Full Baths

2,903 SqFt

Total Parking: 10 (2 Garage)

7,035 SqFt

Rare opportunity to own a HUGE 2 family in Stoneham for owner occupant & investor alike! Each unit has 3 beds & 1 bath with front & back enclosed porches. Both units feature bright white kitchens with stainless appliances, quartz countertops & maple shaker cabinets. Modern bathrooms, fresh paint, refinished hardwood floors & plenty of large windows really make these units pop. Plenty of storage in basement, garage & attic. Unfinished attic runs length of the home & is ready to be finished for additional living space for the second unit or potentially a 3rd unit. Featuring a horseshoe wrap around driveway & 2 car garage. Brand new Navien combo heats the second floor while the first has a brand new gas furnace. Two sets of laundry hookups in the basement and one set on the 2nd floor. Walking distance to Stoneham High, short drive to multiple train stations, zoo, park, highway & downtown shopping & restaurants.

This home has been viewed 32 times

Last Checked: May 7th, 2024 at 5:56am (Source: MLS PIN #73095247)

Gross Income: $38,400

Gross Expenses: $7,216

Net Income Calc: $31,184

CAP Rate: 3.28%

Annual Expenses for 115 Franklin St, Stoneham MA 02180

Total Gross Expenses (Calculated)$7,216/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,216

Annual Income & Unit Breakdown for 115 Franklin St, Stoneham MA 02180

Total Gross Income (Calculated)$38,400

Unit 1

Rental Income$3,200

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water)

General Information for 115 Franklin St, Stoneham MA 02180

Listing ID73095247

Property TypeMulti Family / 2 Family

Price$949,900 ($327.21/SqFt)

Style2 Family - 2 Units Up/down

CityStoneham

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,903 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking10 (2 Garage)

Garage Parking2 / Detached

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesEasements

Foundation Area

Foundation DescriptionBlock,Stone

Accessible Features

Outdoor Space

ZoningRB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 115 Franklin St, Stoneham MA 02180

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$38,400

Total Net Income By Broker$38,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 115 Franklin St, Stoneham MA 02180

Real Estate Taxes$7,216

Tax Year2023

Assessed Value$650,100

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$38,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$38,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.28%

Location Information for 115 Franklin St, Stoneham MA 02180

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, Public School, Shopping, Park, Public Transportation, T-station, Private School

Contact Information for 115 Franklin St, Stoneham MA 02180

Agent

Name: Lynda Le

Office

Name: Thread Real Estate, LLC

Phone: 781-728-9689

Payment Calculator

, Interest

Property Taxes 601.33

Principal & Interest 5852.98

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Thread Real Estate, LLC

Lynda Le

Agent Phone

Office Phone

(781) 728-9689

Text Agent Call Agent Call Office

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[perc_test] => Array
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[perc_test_date] => Unknown
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[20] => Array
                (
                    [id] => 7392591
                    [name] => MLS21.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[21] => Array
                (
                    [id] => 7392592
                    [name] => MLS22.jpg
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                    [index] => 22
                    [enabled] => 1
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                    [modified] => 2024-05-07 05:56:20
                )

[22] => Array
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                    [id] => 7392593
                    [name] => MLS23.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[23] => Array
                (
                    [id] => 7392594
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[24] => Array
                (
                    [id] => 7392595
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[25] => Array
                (
                    [id] => 7392596
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[26] => Array
                (
                    [id] => 7392597
                    [name] => MLS27.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[27] => Array
                (
                    [id] => 7392598
                    [name] => MLS28.jpg
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73095247&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

[28] => Array
                (
                    [id] => 7392599
                    [name] => MLS29.jpg
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-05-07 05:56:20
                )

[29] => Array
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                    [id] => 7392600
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                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 05:56:20
                    [modified] => 2024-05-07 05:56:20
                )

)

)

EXIT