40 Fay St # 505, Boston MA 02118
Boston, MA 02118 • South End
$680,000
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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.
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.
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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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/20/2025 | ✓ Sold | $680,000 | - | - | Property sold |
| 05/13/2025 | 🏠 Listed for Sale | $689,000 | - | - | Original listing |
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
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
HOA & Community
HOA Fee
$590 Monthly
Fee Includes
Heat, Gas, Water, Sewer, Insurance, Security, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
Amenities
Hot Water, Elevator(s)
Optional Fee Includes
None
Owner-Occupied Units
93
MA Disclosures
Seller Disclosures
2% Of Purchase Price Is Due To The Bra Each Time Unit Is Sold. The Property Is Currently Rented - Tenant In Place Til August 31st 2025
Additional Details
Possession
None
Accepted Financing
None
Structure Type
["Mid-Rise"]
Unit/Building
505
Sq Ft Source
Public Record
Documents
None
County
Suffolk
Total market time (incl. prior listings)
30 days
Property Overview
Property Type
Condominium
Listing Type
Sold
Year Built
2006
Bedrooms
1
Full Bathrooms
1
Living Area
691 sq ft
Total Rooms
2
Stories
1
Entry Level
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
691 sq ft above grade
FeaturesNo
Display Options
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:
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:
Nearby Schools
School information not available for this location.
Location
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Neighborhood
South End
40 Fay St # 505, Boston MA 02118
Boston, MA 02118
Listing Information
Listing Agent
Alan Duggan
Listing Office
Compass
Office Phone
617-206-3333
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.
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