40 Fay St # 704, Boston MA 02118

Boston, MA 02118 • South End
$669,000
Est. $3,561/month
1
Beds
1.5
Baths
938
Sq Ft
$713
Price/Sq Ft
0.02
Acres
2006
Year Built
Condominium
Type
46
Days on Market
Active Price Drop -$130,000 Open House Listed Sep 26, 2025 • MLS# 73416121

About this home

Start your day with sunrise views over the South End and end it with the glittering Back Bay city lights, all from the comfort of your private deck in this lovingly maintained & owner-occupied top-floor home in Boston's vibrant SoWa. Inside, enjoy the expansive open-concept living, bathed in natural light from oversized windows framing panoramic city views. Polished concrete floors, soaring ceilings & an electric fireplace create an inviting ambiance. The renovated gourmet kitchen, featuring a spacious peninsula and renovated 1.5 baths, make this home perfect for entertaining. Enjoy the convenience of in-unit laundry, custom electric blinds, custom built-ins, and available garage parking. Explore SoWa's art galleries, award-winning restaurants, and the SoWa Open Market just steps away. Whole Foods is around the corner, and easy access to I-93, the T, and Logan Airport means the city is truly at your fingertips. Live the Boston dream where modern luxury meets vibrant urban culture.

Open House Schedule

28
Sep
Sunday, September 28
10:00 AM - 11:00 AM EDT
26
Sep
Friday, September 26
12:00 PM - 1:00 PM EDT
27
Sep
Saturday, September 27
10:00 AM - 11:00 AM EDT

Facts & Features

Property Overview

Property Type
Condominium
Property Category
Residential
Year Built
2006
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Living Area
938 sq ft
Total Rooms
3
Stories
1
Entry Level
7

Interior Features

Flooring
Concrete
Heating
Forced Air, Individual, Unit Control
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range Hood
Laundry Features
In Unit
Basement Details
N

Exterior & Structure

Exterior Features
Deck - Roof, City View(s), Garden
Patio/Porch Features
Deck - Roof
Has Spa
No
View
City
Has View
Yes
Waterfront Property
No

Lot & Land

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

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Attached Garage
No
Has Carport
No
Parking Features
Assigned
Covered Parking Spaces
1

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Security Features
Intercom, TV Monitor

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, T-Station
HOA Fee
$899
HOA Fee Frequency
Monthly
Association Amenities
Elevator(s), Garden Area
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,401
Tax Year
2025
Tax Assessed Value
$811,800
Parcel Number
W:03 P:06390 S:092,4705808
Zoning
CD

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Building Name
Gateway Terrace Lofts
Common Walls
No One Above
Attached Property
Yes
Disclosures
Condo fee for unit is $899/mo plus parking fee $100/mo.2% of sales price is due to BRA by seller.Seller & broker make no representations or warranties & the information herein is subject to revision.Buyer is advised to perform due diligence. Parking available $130, 000
Listing Terms
Contract

Location

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Neighborhood

South End

40 Fay St # 704, Boston MA 02118

Boston, MA 02118

Walkability

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Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $783
Homeowners Insurance $200
HOA Fee $899
PMI $0

Property History

Market Insights

1
Price Changes
16.3%
Price Range

Property Timeline

Price Reduced
Sep 20, 2025
$669,000 $130,000 (-16.27%)
From $799,000 to $669,000 (-16.3%)
👁️
Showing Instructions Updated
Sep 20, 2025
New showing requirements
👁️
Showing Instructions Updated
Sep 17, 2025
New showing requirements
🏠
Listed for Sale
Aug 11, 2025
$799,000
Original listing
Office: Compass

Price & Status History

Date Event Price Change
Sep 20, 2025 Price Changed $669,000 -$130,000
Aug 11, 2025 New Listing Added $799,000

Market Statistics

Days on Market
46 days
Price per Sq Ft
$713
Total Price Drop
-$130,000

Tax History

Year Taxes Assessment
2025 $9,401 $811,800

Financial Details

Annual Property Tax
$9,401
Tax Year 2025
HOA Fee
$899
Monthly
Assessed Value
$811,800

Listing Information

Listing Agent Greg M. Dorsey
Listing Office Compass
Agent MLS ID BB910101
Office MLS ID AN3337

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