1 Confidential Way, Stoneham MA 02180

Stoneham, MA 02180
$1
Est. $1,367/month
0.28
Acres
Commercial
Type
40
Days on Market
For Sale Listed Jul 7, 2026 • MLS# 73545555 Copied! • Updated Jul 11, 2026

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About this home

Exceptional development opportunity on a 12,319 SF parcel just outside downtown Stoneham. Located within the Business zoning district; ownership, working with its architectural team, has prepared two preliminary conceptual redevelopment studies illustrating the property's multifamily and townhouse potential. Concept 1 envisions an 18-unit apartment or condominium building with 19 covered parking spaces. Concept 2 proposes eight townhouse residences, each featuring two bedrooms, 2.5 baths, an attached two-car garage, and private outdoor garden space. Rare opportunity for builders and developers to acquire a well-located redevelopment site in one of Greater Boston's most desirable suburban communities. All redevelopment concepts are subject to Planning Board review and approval, design review, and all applicable municipal and regulatory approvals. Seller is willing to cooperate with the purchaser during the permitting process, with closing structured upon mutually agreed milestones.

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Property History

Property Timeline

🏠
Listed for Sale
Jul 7, 2026
$1
Original listing
Agent: Stephen Cefalo Office: Stephen Cefalo Real Estate

Tax History

Year Taxes Assessment
2025 $14,000 $581,000

Financial Details

Annual Property Tax
$14,000
Tax Year 2025
Assessed Value
$581,000

Facts & Features

Home Facts

Type Land
Style Commercial
Lot Size 0.28 acres

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Utilities

Electric On-site
Water Public
Sewer Public Sewer
Gas At Street
Other None
Annual Tax $14,000
Assessed Value $581,000
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Documents None
County Middlesex
Total market time (incl. prior listings) 59 days

Property Overview

Property Type
Commercial
Listing Type
For Sale

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:
School District
Stoneham School District local
B+
✓ School Safety 2024-25
0.6% Low
0.4% Suspensions 1.6% In-School 0.2% Emergency
↓ 4.9% below state avg
E

Elementary Schools

6 schools
St. Patrick Elementary School
0.5 mi
Grades PK-08
Greater Boston Academy
0.6 mi
Grades PK-12
Stoneham Early Learning Center
0.3 mi
94 students Diverse
Grades PK
A-
South School
0.5 mi | #252 of 824 | Score: 52.3
Dropped 57 spots from last year
-5.9 below state avg
347 students Diverse
Grades K-04
A
Colonial Park School
0.7 mi | #3 of 12 | Score: 50.9
Improved 257 spots from last year
-7.3 below state avg
229 students Moderate
Rising School
Grades K-04
A-
Robin Hood School
1.4 mi | #248 of 824 | Score: 52.5
Improved 194 spots from last year
-5.8 below state avg
380 students Moderate
Rising School
Grades K-04
M

Middle Schools

1 school
B+
Stoneham Central Middle School
0.6 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
H

High Schools

1 school
A-
Stoneham High School
0.3 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,167
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

1 Confidential Way, Stoneham MA 02180

Stoneham, MA 02180

Listing Information

Listing Agent Stephen Cefalo
Listing Office Stephen Cefalo Real Estate
Office Phone 781-789-5808
Agent MLS ID B8001252
Office MLS ID AC1590
Listing Data Updated Jul 11, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
mail@steve-novak.com
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