40 Fay St # 302, Boston MA 02118

Boston, MA 02118 • South End
$804,653
1
Beds
1
Baths
886
Sq Ft
$908
Price/Sq Ft
0.02
Acres
2006
Year Built
1
Garage Space
31
Days on Market
Sold Listed Jul 17, 2025 • MLS# 73406263 Copied! • Updated Sep 17, 2025

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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.

Nearby Sales Comparison

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

This Property
$908/sq ft
Area Median
$310/sq ft
Difference
+192.9%

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

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!

BMN Estimate

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Recently Sold Nearby

Property History

Market Insights

1.8%
Price Range
32
Total Days on Market

Property Timeline

Sold
Sep 17, 2025
$804,653
Property sold
Days on Market: 32
🏠
Listed for Sale
Jul 17, 2025
$819,000
Original listing
Agent: Steven Cohen Team Office: Keller Williams Realty Boston-Metro | Back Bay

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

Facts & Features

1 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 2006
Living Area 886 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 In Unit
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Under, Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $8,760
Assessed Value $756,500

HOA & Community

HOA Fee $727 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 85
Seller 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.
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 302
Sq Ft Source Public Record
Documents None
County Suffolk
Total market time (incl. prior listings) 32 days

Property Overview

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

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: N
Laundry: In Unit
Security:

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:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Garage Type: Attached
Total Parking Spaces: 1
Parking Features: Under, Deeded

Nearby Schools

School information not available for this location.

Location

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Neighborhood

South End

40 Fay St # 302, Boston MA 02118

Boston, MA 02118

Listing Information

Listing Agent Steven Cohen Team
Listing Office Keller Williams Realty Boston-Metro | Back Bay
Office Phone 617-542-0012
Agent MLS ID TM003012
Office MLS ID BB5522
Listing Data Updated Sep 17, 2025 1:46 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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Douglas Elliman
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