Triplex with Off-Street
3-5 Gould St, Stoneham, MA 02180
For Sale
New
$1,249,900
Three apartments feature one-, two-, and four-bedroom layouts.
Property Size3,432 SF
Days on Market5
Property Features for 3-5 Gould St
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Gibson Sotheby's International Realty
Listed By:
Jacqui Webb
(781) 389-4579
Source:
Jonathanradford
Added: Nov 3
Changed: Nov 6
Last Checked: Nov 4 at 5:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gibson Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 3,432-square-foot triplex in Stoneham contains three residential units with one-, two-, and four-bedroom configurations, totaling seven bedrooms. Updates include fresh paint and new carpeting. Off-street parking is available, and the property is being sold as-is.
The property is near downtown Stoneham, with local shops, restaurants, major highways, and surrounding communities noted nearby.
The property is near downtown Stoneham, with local shops, restaurants, major highways, and surrounding communities noted nearby.
Key Highlights
- Three units with one-, two-, and four‑bedroom layouts
- Seven bedrooms across 3,432 square feet
- Off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,622
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,440
$1.5M
Cap Rate 7%
$1,037,457
$1.0M
Cap Rate 9%
$806,911
$806.9K
Market Conditions
NOI Build-Up for 3,432 SF
Gross rent
$109.1K $31.80/SF
− Vacancy
−$5.4K −$1.57/SF
EGI
$103.7K $30.23/SF
− OpEx
−$31.1K −$9.07/SF
NOI
$72.6K $21.16/SF
Area
Middlesex County, MA
Vacancy
4.94%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,452,440
Cap Rate 7%
$1,037,457
Cap Rate 9%
$806,911
Alternative Uses
Best Use
Multifamily LT 5
$1.04M
$907.8K – $1.21M
NOI $72,622 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$975.5K
$853.6K – $1.14M
NOI $68,285 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$2.03M
$1.78M – $2.37M
NOI $142,221 @ 7.0% cap · market cap 11.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
Explore this area
Business Placement
Demographics for 02180, MA
23,244
Population
9,832
Households
2.4
Avg Household Size
44
Median Age
54%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
3,874
Density / Sq Mi
$112,635
Median Household Income
$71,709
Median Earnings
$1,878
Median Rent
$629,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Middlesex County, MA
Properties on Market for Triplexes in Middlesex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three apartments feature one-, two-, and four-bedroom layouts.
Where is this triplex located?
The property is located at 3-5 Gould St Stoneham, MA.
What is the asking price?
The asking price for this property is $1,249,900.
What are key features of this property?
This property features: Three units with one-, two-, and four‑bedroom layouts; Seven bedrooms across 3,432 square feet; Off‑street parking
