6 Evans Road Stoneham — Photo 1 of 18
$700,000
Investment Analysis — 6 Evans Road
Stoneham, MA 02180
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02180 carries an estimated $3,200/mo in gross rent — about a 3.18% cap rate and $22,262/yr in estimated NOI at the $700,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,595
Style
Single Family
Built
1954
Bring your ideas, your vision, and a little sweat equity and turn this house into the home you’ve been imagining. This 3-bedroom, 1.5 bath ranch in Stoneham has a great foundation and plenty of potential. The home already has some important features in place, including central air an updated hot water tank and hardwood flooring underneath the existing carpeting, offering the possibility of bringing that character back to life. Outside, you’ll find a yard with plenty of room to enjoy outdoor entertaining, along with ample parking. The location is hard to beat, with convenient access to Routes 93 and 95, making commuting a breeze.If you’ve been looking for a home where you can roll up your sleeves, add your personal touch, and watch your investment grow, this could be the one.
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: 798 sq ft (the lesser of 900 sq ft or half the 1,595 sq ft principal dwelling).
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 MLS and other third-party data may be inaccurate or out of date.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.
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Amenities & Appliances
Range • Disposal • Microwave • Refrigerator • Freezer • Washer • Dryer
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Listing Agent: Kelsey Fontes
Listing Office: Engel & Volkers By the Sea
MLS® Number: 73567311
