Active Under Contract
31 Days on market
566 Main St Stoneham — Photo 1 of 23

566 Main St Stoneham — Photo 1 of 23

$744,900

Investment Analysis — 566 Main St

Stoneham, MA 02180

Based on HUD Small Area Fair Market Rent, a 3-bedroom in 02180 carries an estimated $5,200/mo in gross rent — about a 5.43% cap rate and $40,459/yr in estimated NOI at the $744,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1.5

SqFt

1,496

Style

Single Family

Built

1958

This beautifully updated and well-maintained Stoneham home offers a wonderful combination of comfort, style, and energy-efficient improvements. Enter the bright living room and dining room with hardwood floors and a custom white kitchen featuring granite countertops, stainless steel appliances, and updated fixtures. Three generously sized bedrooms are complemented by an updated full bath with ceramic tile flooring, tiled tub surround and custom vanity. The stylish half bath features crisp white shiplap walls for an added designer touch. Fresh paint and newer windows enhance the move-in-ready feel throughout. Just steps from the kitchen, the spacious family room provides the perfect place to relax or entertain, with access to the large backyard. The unfinished lower level offers plenty of additional storage and flexibility. Major upgrades include an OWNED SOLAR SYSTEM—no lease to assume—plus a NEW NATURAL GAS HEATING AND HOT WATER SYSTEM. A well-cared-for home with valuable updates, flexible living space and a convenient Stoneham location!

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: 748 sq ft (the lesser of 900 sq ft or half the 1,496 sq ft principal dwelling). Lot size: 13,621 sq ft.

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.

Immersive Experience

Property Details

Financials

Original Price$744,900
Annual Taxes$6,965

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
Fireplaces1
FlooringTile, Hardwood
BasementPartial, Partially Finished, Garage Access, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingNone, Whole House Fan
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRB

Property & Lot

Acres0.31
SqFt Lot13,621
Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

Gas Water Heater • Tankless Water Heater • Range • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Highway Access • House of Worship

Geography

Floorplan Breakdown

Structural Layout

Second
Master BedroomBedroom 2Bedroom 3Bathroom 1
Basement
Family RoomBathroom 2
Main,First
Living RoomDining RoomKitchen
Living Room
Lvl Main,First

17 x 13

Closet, Flooring - Hardwood, Window(s) - Picture, Cable Hookup, Open Floorplan, Recessed Lighting

Dining Room
Lvl Main,First

12 x 9

Ceiling Fan(s), Flooring - Hardwood, Window(s) - Picture, Open Floorplan

Kitchen
Lvl Main,First

12 x 10

Closet/Cabinets - Custom Built, Flooring - Laminate, Countertops - Stone/Granite/Solid, Countertops - Paper Based, Countertops - Upgraded, Exterior Access, Open Floorplan, Stainless Steel Appliances, Peninsula, Lighting - Overhead

Family Room
Lvl Basement

17 x 15

Bathroom - Half, Closet/Cabinets - Custom Built, Flooring - Laminate, Lighting - Overhead

Master Bedroom
Lvl Second

15 x 13

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl Second

12 x 11

Bedroom 3
Lvl Second

12 x 9

Ceiling Fan(s), Closet, Flooring - Hardwood

Bathroom 1
Lvl Second

9 x 5

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Closet, Closet/Cabinets - Custom Built, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Lighting - Overhead

Bathroom 2
Lvl Basement

8 x 4

Bathroom - Half, Flooring - Stone/Ceramic Tile, Cabinets - Upgraded, Lighting - Overhead

Listing Provided By

Listing Agent: Team Lillian Montalto

Listing Office: Lillian Montalto Signature Properties

MLS® Number: 73562631