1 Confidential Way, Stoneham MA 02180
Stoneham, MA 02180
$1
Est. $1,367/month
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/07/2026 | 🏠 Listed for Sale | $1 | - | - | Original listing |
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
Financial
Annual Tax
$14,000
Assessed Value
$581,000
MA Disclosures
Seller Disclosures
None
Additional Details
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
Land
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
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:
Nearby Schools
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
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
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
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
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Loan Amount
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,167
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total interest paid
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Rate Impact
-0.5% Rate
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+0.5% Rate
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Payment Over Time
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.
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