BMN Boston

Get our mobile app!

Download on the App Store

40 Fay St # 505, Boston MA 02118

Boston, MA 02118 • South End
$680,000
Est. $4,861/month
1
Beds
1
Baths
691
Sq Ft
$984
Price/Sq Ft
0.02
Acres
2006
Year Built
29
Days on Market
Closed Listed May 13, 2025 • MLS# 73373614 Copied!

About this home

Welcome to this stunning modern loft, ideally situated in Gateway Terrace, right in the heart of Boston’s vibrant South End. Nestled near the dynamic Ink Block neighborhood, this home offers unparalleled access to some of the city’s finest dining, a thriving art gallery scene, sports fields, dog parks, gyms, and the highly coveted Whole Foods Market. Flooded with natural light from expansive east-facing windows, this beautifully designed home features an open-concept layout with a sleek Siematic kitchen, outfitted with high-end Fisher & Paykel and Bosch stainless steel appliances. Enjoy polished concrete floors, granite countertops, gas cooking, in-unit washer/dryer, and generous closet space throughout. Located in a professionally managed, secure elevator building, residents also enjoy access to a beautifully landscaped common courtyard with a shared BBQ area, perfect for entertaining. Rental parking is available. In 2024 the building’s lobbies were beautifully renovated.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
2006
Bedrooms
1
Full Bathrooms
1
Living Area
691 sq ft
Total Rooms
2
Stories
1
Entry Level
5

Sale Statistics

Sale Overview
Original List Price: $689,000
Final Sale Price: $680,000
Difference: $9,000 (-1.3%)
Performance Metrics
98.7%
List to Sale Ratio
Sold below asking price
29
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $997
Sale $/sq ft: $984
This property sold for $984 per square foot
Sale Summary

This property sold for 1.3% below the original asking price.

With only 29 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 50 similar properties sold within 0.5 miles in the last 90 days

This Property
$984/sq ft
Area Average
$688/sq ft
Difference
+43.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 691 sq ft
Lot Size 0.02 acres
Bedrooms 1
Full Baths 1
Total Rooms 2

Interior

Heating Forced Air
Cooling Central Air
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction Brick, Stone
Architecture None
Roof Rubber
Features Professional Landscaping
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,587
Assessed Value $655,200

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry:
Security: Intercom

Construction & Materials

Year Built: 2006
Structure Type: Mid-Rise
Exterior Materials: Brick, Stone
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Forced Air
Heating Zones: 1
Cooling: Central Air
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Professional Landscaping
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features:

Location

Loading map...

Neighborhood

South End

40 Fay St # 505, Boston MA 02118

Boston, MA 02118

Walkability

Loading Walk Score...

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $632
Homeowners Insurance $200
HOA Fee $590/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.3%
Price Range
30
Total Days on Market

Property Timeline

Sold
Jun 20, 2025
$680,000
Property sold
Days on Market: 30
🏠
Listed for Sale
May 13, 2025
$689,000
Original listing
Agent: Alan Duggan Office: Compass

Price & Status History

Date Event Price Change
May 13, 2025 New Listing Added $689,000

Market Statistics

Days on Market
29 days
Price per Sq Ft
$984

Tax History

Year Taxes Assessment
2025 $7,587 $655,200

Financial Details

Annual Property Tax
$7,587
Tax Year 2025
HOA Fee
$590
Monthly
Assessed Value
$655,200

Listing Information

Listing Office Compass
Agent MLS ID BB809534
Office MLS ID AN2383
Listing Data Updated Jun 23, 2025 9:50 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

40 Fay St # 505, Boston MA 02118 - Photo 1 40 Fay St # 505, Boston MA 02118 - Photo 2 40 Fay St # 505, Boston MA 02118 - Photo 3 40 Fay St # 505, Boston MA 02118 - Photo 4 40 Fay St # 505, Boston MA 02118 - Photo 5 40 Fay St # 505, Boston MA 02118 - Photo 6 40 Fay St # 505, Boston MA 02118 - Photo 7 40 Fay St # 505, Boston MA 02118 - Photo 8 40 Fay St # 505, Boston MA 02118 - Photo 9 40 Fay St # 505, Boston MA 02118 - Photo 10 40 Fay St # 505, Boston MA 02118 - Photo 11
BMN Boston Real Estate

BMN Boston Real Estate

Douglas Elliman

Your message will be sent to BMN Boston Real Estate.

Schedule a Tour