40 Fay St # 206, Boston MA 02118
Boston, MA 02118 • South End
$960,000
$925,000
Est. $6,760/month
About this home
This 2 bed 2 bath corner unit with garage parking space in the South End is a rare find! With 10 windows spanning two exposures, natural light pours in throughout the day. Amazing ceiling height adds to the gracious feel of the open and expansive living/dining area. The gourmet kitchen features gas cooking, granite countertops, stainless appliances, and ample storage. Both bathrooms have been recently renovated, and everyday living is made effortless with central air and in-unit laundry. Gateway Terrace is a professionally managed building with a newly renovated lobby, elegant common areas, elevators, and access to a private courtyard. Live in the center of it all - moments from Whole Foods, Ink Block, acclaimed South End restaurants, public transit, and easy highway access.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
7.8%
Price Range
1
Previous Sales
Property Timeline
Price Reduced
Jun 12, 2026
$925,000
$35,000
(-3.65%)
From $960,000 to $925,000 (-3.6%)
Listed for Sale
Apr 29, 2026
$960,000
Original listing
Agent: Siu Fu Lau Team
Office: Compass
Previous Transaction - MLS #72103834
Full transaction history available when tracking began
Previously Sold
Feb 28, 2017
$885,000
MLS #72103834
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/12/2026 | ↓ Price Reduced | $925,000 | $35,000 | - | From $960,000 to $925,000 (-3.6%) |
| 04/29/2026 | 🏠 Listed for Sale | $960,000 | - | - | Original listing |
| 02/28/2017 | 🏷️ Previously Sold | $885,000 | - | - | MLS #72103834 |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,340 | $892,900 |
Financial Details
Annual Property Tax
$10,340
Tax Year 2025
HOA Fee
$1,021
Monthly
Assessed Value
$892,900
Facts & Features
1 Car Garage
Central AC
Home Facts
Type
Residential
Style
Condominium
Year Built
2006
Living Area
1,039 sq ft
Lot Size
0.02 acres
Bedrooms
2
Full Baths
2
Total Rooms
2
Interior
Heating
Forced Air
Cooling
Central Air
Flooring
None
Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace
None
Basement
N
Laundry
In Unit
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
Deck - Roof, Patio - Enclosed
Pool
None
Spa
None
Fencing
None
Patio/Porch
Deck - Roof, Patio - Enclosed
Parking
Garage Spaces
1
Has Garage
Yes
Features
Under
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,340
Assessed Value
$892,900
HOA & Community
HOA Fee
$1,021 Monthly
Fee Includes
Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities
Hot Water, Elevator(s), Garden Area
Optional Fee Includes
None
Owner-Occupied Units
93
Down Payment Resource
Eligible
Pets
Yes w/ Restrictions
MA Disclosures
Seller Disclosures
Photos Are Virtually Staged. Unit Is Tenanted Until May 31st.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
206
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
48 days
Property Overview
Property Type
Condominium
Listing Type
For Sale
Year Built
2006
Bedrooms
2
Full Bathrooms
2
Living Area
1,039 sq ft
Total Rooms
2
Stories
1
Entry Level
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
1,039 sq ft above grade
FeaturesYes
Display Options
Outdoor Areas
Patio & porchDeck - Roof, Patio - Enclosed
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:
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows:
Basement:
N
Laundry:
In Unit
Security:
Intercom
Construction & Materials
Year Built:
2006
Structure Type:
Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories:
1
Heating, Cooling & Utilities
Heating:
Forced Air
Cooling:
Central Air
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Deck - Roof, Patio - Enclosed
Patio & Porch:
Deck - Roof, Patio - Enclosed
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Garage Spaces:
1
Garage Type:
Attached
Total Parking Spaces:
1
Parking Features:
Under
Nearby Schools
School District
Boston School District local
C-
Where Graduates Go
Class of 2021
52%
attend college
38%
4-Year
14%
2-Year
7%
Out of State
7%
Working
School Safety
2024-25
3.7%
Above Average
3.2%
Suspensions
0.3%
In-School
0.5%
Emergency
1.8% below state avg
Elementary Schools
3 schools
A
Quincy Elementary School
0.3 mi
|
#122 of 824
|
Score: 57.9
Improved 230 spots from last year
-0.3 below state avg
731 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
F
Blackstone Elementary School
0.4 mi
|
#809 of 824
|
Score: 26.3
Improved 12 spots from last year
-31.9 below state avg
582 students
Moderate
Grades PK-06
Blackstone Elementary
0.4 mi
Middle Schools
2 schools
Middle School Academy
1.0 mi
UP Academy
1.0 mi
High Schools
3 schools
Cathedral High School
0.3 mi
9 sports
• 430 athletes
Grades 07-12
C
Quincy Upper School
0.3 mi
|
#268 of 346
|
Score: 44.6
Improved 4 spots from last year
-13.6 below state avg
557 students
Very Diverse
12 sports
• 208 athletes
High Graduation Rate
Diverse Student Body
Grades 06-12
C-
Edward M. Kennedy Academy for Health Careers: A Horace Mann Charter Public School - Lower Campus
0.4 mi
|
#307 of 346
|
Score: 36.8
Improved 17 spots from last year
-21.4 below state avg
383 students
Diverse
High Graduation Rate
Career Tech Programs
College Ready Curriculum
Grades 09-11
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$862
Homeowners Insurance
$200
HOA Fee
$1,021/mo
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
South End
40 Fay St # 206, Boston MA 02118
Boston, MA 02118
Listing Information
Listing Agent
Siu Fu Lau Team
Listing Office
Compass
Office Phone
617-206-3333
Agent MLS ID
TM336364
Office MLS ID
AN2383
Listing Data Updated
Jun 16, 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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