Active Under Contract
5 Days on market
19 Penny Lane Stoneham — Photo 1 of 28

19 Penny Lane Stoneham — Photo 1 of 28

$599,000

Investment Analysis — 19 Penny Lane

Stoneham, MA 02180

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02180 carries an estimated $2,670/mo in gross rent — about a 3.12% cap rate and $18,678/yr in estimated NOI at the $599,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1

SqFt

1,010

Style

Single Family

Built

1943

Welcome to 19 Penny Lane, Stoneham, MA, a charming single-family residence built in 1943. While this home is MOVE IN READY, there is still tremendous potential to build up or start over on this 1/3+ acre lot. Empty Nesters, First Time Buyers, Contractors, Investors, Flippers all take notice. This inviting home, offering 1010 square feet of living space, is move-in ready and presents an opportunity to embrace a comfortable lifestyle. The bedrooms provide a serene retreat, each featuring warm hardwood flooring that adds a touch of classic elegance. This delightful Ranch is complemented by a private yard, offering a tranquil outdoor space for relaxation or entertaining. Discover the potential and charm of this Stoneham residence.

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: 505 sq ft (the lesser of 900 sq ft or half the 1,010 sq ft principal dwelling). Lot size: 15,102 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.

Property Details

Financials

Original Price$599,000
Annual Taxes$5,672

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
FireplacesNone
FlooringWood, Tile, Flooring - Hardwood
BasementBulkhead, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofWood
FoundationOther
ZoningRA

Property & Lot

Acres0.35
SqFt Lot15,102
Lot FeaturesWooded

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First

16 x 10

Flooring - Hardwood, Exterior Access

Kitchen
Lvl First

14 x 10

Flooring - Stone/Ceramic Tile, Exterior Access, Recessed Lighting

Primary Bedroom
Lvl First

11 x 10

Ceiling Fan(s), Closet, Flooring - Hardwood

Bedroom 2
Lvl First

11 x 8

Bathroom 1
Lvl First

5 x 6

Bathroom - Full, Flooring - Stone/Ceramic Tile

Property History

Listed
$599,000

Sep 20, 2026

MLS® 73580047

Terminated
$599,000

Sep 20, 2026

MLS® 73578891

Terminated
$599,000

Sep 20, 2026

MLS® 73568611

Listed
$599,000

Sep 17, 2026

MLS® 73578891

Listed
$599,000

Aug 26, 2026

MLS® 73568611

Listing Provided By

Listing Agent: Craig Celli

Listing Office: Century 21 CELLI

MLS® Number: 73580047