Active
135 Days on market
28 Washington St. Stoneham — Photo 1 of 22

28 Washington St. Stoneham — Photo 1 of 22

Recent Drop: $99,001

$1,099,000
$999,999

$999,999

Investment Analysis — 28 Washington St.

Stoneham, MA 02180

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02180 carries an estimated $6,400/mo in gross rent — about a 4.98% cap rate and $49,785/yr in estimated NOI at the $999,999 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

2.5

SqFt

2,970

Style

2 Family - 2 Units Up/Down

Built

1900

Great owner-occupant, rental income, or condo conversion opportunity in a prime Stoneham location. This oversized two-family offers 6 bedrooms and 3.5 bathrooms across ~2,970 sq ft. The first-floor unit is vacant and move-in ready, featuring updated cabinets, quartz countertops, stainless steel appliances, and 1.5 baths with newer washer/dryer, refrigerator, and dishwasher. The second-floor unit is vacant and move in-ready, offering 3 bedrooms, 2 baths, and in-unit washer and dryer hookups. Separately metered utilities, newer water heaters, and abundant off-street parking make this a rare opportunity for owner-occupants, investors, or developers. Conveniently located near downtown Stoneham, schools, restaurants, parks, public transportation, the Tri-Community Greenway, and I-93.

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$1,099,000
Annual Taxes$8,583.19

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms10
FireplacesNone
FlooringHardwood
BasementFull, Walk-Out Access, Interior Entry, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter, Irregular
ZoningRB

Property & Lot

Acres0.22
SqFt Lot9,518
Lot Features--

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Bike Path • Conservation Area • Highway Access

Geography

Property History

Price Drop
$999,999

Was $1,020,000

Sep 7, 2026

MLS® 73510475

Price Drop
$1,020,000

Was $1,040,000

Aug 28, 2026

MLS® 73510475

Price Drop
$1,040,000

Was $1,059,000

Aug 18, 2026

MLS® 73510475

Price Drop
$1,059,000

Was $1,069,000

Aug 4, 2026

MLS® 73510475

Price Drop
$1,069,000

Was $1,088,000

Jul 14, 2026

MLS® 73510475

Price Drop
$1,088,000

Was $1,098,000

Jun 29, 2026

MLS® 73510475

Price Drop
$1,098,000

Was $1,099,000

Jun 18, 2026

MLS® 73510475

Listed
$1,099,000

Apr 30, 2026

MLS® 73510475

Listing Provided By

Listing Agent: Adam Cutter

Listing Office: Massachusetts Bay Realty Advisors, LLC

MLS® Number: 73510475