Prime Development Opportunity – Fully Entitled 46-Unit Site. Presenting a rare multifamily development opportunity in the highly desirable town of Stoneham, MA. This fully entitled site is approved for 46 residential units, offering a streamlined path to construction in one of Greater Boston’s most dynamic submarkets. Strategically located with convenient access to I-93 and I-95, the site is just minutes from downtown Stoneham, local amenities, and a short commute to Boston. The property sits in a strong rental and for-sale market supported by excellent school systems, vibrant community life, and proximity to regional employers. With all approvals in place, this development is ideally positioned for investors or developers seeking to capitalize on strong demand in the area. Whether you're building for sale or long-term rental income, this is a turn-key opportunity to deliver a high-quality residential project in a high-barrier-to-entry market.
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Last Checked: September 16th, 2025 at 4:29am (Source: MLS PIN #73367974)
Gross Income: $74,400
Gross Expenses: $21,793
Net Income Calc: $52,607
CAP Rate: 1.07%
Annual Expenses for 0 Rockville Park, Stoneham MA 02180
Total Gross Expenses (Calculated)$21,793/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$21,793
Annual Income & Unit Breakdown for 0 Rockville Park, Stoneham MA 02180
Total Gross Income (Calculated)$74,400
Unit 1
Rental Income$2,200
LeaseN
Bedrooms4
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 2
Rental Income$4,000
LeaseN
Bedrooms4
Bathrooms
Floor0
Levels in Unit0
HeatingNo
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 0 Rockville Park, Stoneham MA 02180
Listing ID73367974
Property TypeMulti Family
Price$4,900,000 ($92.45/SqFt)
StyleDuplex
CityStoneham
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total53,000 SqFt
Approximate Lot Size (Acres)3.12 acres
Total Parking128 (50 Garage)
Garage Parking50 / Detached
Year Built2025
Year Built SourcePublic Records
Year Renovated
Year Built DetailsTo Be Built
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesOther
Foundation Area
Foundation DescriptionOther
Accessible Features
Outdoor Space
ZoningR
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 0 Rockville Park, Stoneham MA 02180
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$74,400
Total Net Income By Broker$74,400
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 0 Rockville Park, Stoneham MA 02180
Real Estate Taxes$21,793
Tax Year2025
Assessed Value$2,130,200
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$74,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$74,400
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)1.07%
Location Information for 0 Rockville Park, Stoneham MA 02180
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Private School, University
Contact Information for 0 Rockville Park, Stoneham MA 02180