40 Wright Street Stoneham, MA 02180
MULTI_FAMILY - Stoneham, MA
Property Features for 40 Wright Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- RB
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 1, Bedroom 4
- Parking
- 3
- Standard status
- Pending
- APN
- 772058
- Size
- 2,023 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8170
Building Details
- Year built
- 1880
- Floors in Building
- 2
- Number of units
- 2
Listing agent Al Styles (781) 924-5766
Listing office Keller Williams Realty Signature Properties 171 Washington Street, Hanover, MA (781) 924-5766
Listing date May 28, 2026
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Investment Insights
Based on property information with market context.
Key Highlights
- Two‑family home built in 1880 with 2023 SF of living space
- Renovated in 2000 and ready for immediate occupancy
- First‑floor unit features an open‑plan kitchen with living area plus 2 bedrooms
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.3k | $31.80 |
| − Vacancy | −$3.2k | −$1.57 |
| EGI | $61.2k | $30.23 |
| − OpEx | −$18.3k | −$9.07 |
| NOI | $42.8k | $21.16 |
