40 Fay St # 302, Boston MA 02118

Boston, MA 02118 • South End
$804,653
Est. $4,283/month
1
Beds
1
Baths
886
Sq Ft
$908
Price/Sq Ft
0.02
Acres
2006
Year Built
Condominium
Type
31
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73406263

About this home

Bathed in natural light from two full walls of oversized windows, this coveted corner home with green tree-top views offers a rare blend of privacy & tranquility in the heart of the city. Presently configured as one wide-open nearly 900 sq ft loft space can easily be divided into distinct living, dining, and bedroom areas – including a natural placement for a spacious bedroom that can accommodate a king sized bed. A granite island kitchen with stainless appliances and bar seating invites effortless entertaining. Modern comforts abound with in-unit laundry, central air, and a dedicated on-site garage parking space. Gateway Terrace’s professionally landscaped common courtyard with lounge seating and a gas grill is perfect for relaxing and enjoying the outdoors. Located in the heart of the vibrant South End, moments from Whole Foods, SOWA markets, top restaurants, fitness studios, transit and Peter’s Park. A versatile retreat in one of Boston's most dynamic neighborhoods!

Sale Statistics

Sale Overview
Original List Price: $819,000
Final Sale Price: $804,653
Difference: $14,347 (-1.8%)
Performance Metrics
98.2%
List to Sale Ratio
Sold below asking price
31
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $924
Sale $/sq ft: $908
This property sold for $908 per square foot
Sale Summary

This property sold for 1.8% below the original asking price.

The property spent 31 days on market before selling.

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2006
Bedrooms
1
Full Bathrooms
1
Living Area
886 sq ft
Total Rooms
2
Stories
1
Entry Level
3

Interior Features

Heating
Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Laundry Features
In Unit
Basement Details
N

Exterior & Structure

Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.02 acres
Lot Size
886 sq ft
Lot Size Area
0.0200

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
Yes
Has Carport
No
Parking Features
Under, Deeded
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Highway Access, Public School
HOA Fee
$727
HOA Fee Frequency
Monthly
Association Amenities
Hot Water, Elevator(s)
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$8,760
Tax Year
2025
Tax Assessed Value
$756,500
Parcel Number
W:03 P:06390 S:034,4705830
Zoning
CD

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Building Name
Gateway Terrace
Common Walls
Corner
Attached Property
Yes
Disclosures
Condo fee for the unit is $727/mo and additional monthly condo fee for parking space is $100/mo. 2% of sales price is due to BRA for each sale, paid by seller.

Location

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Neighborhood

South End

40 Fay St # 302, Boston MA 02118

Boston, MA 02118

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $730
Homeowners Insurance $200
HOA Fee $727
PMI $0

Property History

Market Insights

Property Timeline

Sold
Sep 17, 2025
Property sold
🏠
Listed for Sale
Jul 17, 2025
$819,000
Original listing
Agent: Steven Cohen Team Office: Keller Williams Realty Boston-Metro | Back Bay

Price & Status History

Date Event Price Change
Jul 17, 2025 New Listing Added $819,000

Market Statistics

Days on Market
31 days
Price per Sq Ft
$908

Tax History

Year Taxes Assessment
2025 $8,760 $756,500

Financial Details

Annual Property Tax
$8,760
Tax Year 2025
HOA Fee
$727
Monthly
Assessed Value
$756,500

Listing Information

Listing Agent Steven Cohen Team
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Agent MLS ID TM003012
Office MLS ID BB5522

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