6 days on Rocket
$8,301 Closing Credit¹
#73371447, Bell Petrini Group, Listing Office: Coldwell Banker Realty - Boston
$689,000 List price
40 Fay St Unit 505 Boston, MA 02118
$8,182
Closing credit¹
1 bed
1 full
691 sqft
0.02 acres
$997 / sqft
Condo
Property details
About 40 Fay St Unit 505
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.
Highlights
Home typeCondominium
HeatingForced Air
StatusActive
(New)
(New)
CoolingCentral Air
Size691 sqft
Lot size0.02 Acres
Year built2006
MLS #73373614
Summary
- Full Bathrooms: 1
- Total Bedroom Count: 1
- Exterior: Professional Landscaping
- Heating: Forced Air
- Cooling: Central Air
- List Price: $689,000
- Price/SqFt: $997
- HOA Amount: $590
- HOA Frequency: Monthly
- Annual Tax Amount: $6,971
- Tax Year: 2024
- Directions: Refer to GPS
- Year Built: 2006
- Stories: 1
- Living Area: 691 SqFt
- Lot Size: 0.02 Acres
- MLS Number: 73373614
- MLS Name: MLS Property Information Network
- Office Name: Compass
- Office Phone: (617) 206-3333
- Listing Agent: Alan Duggan
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 12:55:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$689,000
40 Fay St Unit 505
$8,182
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $639,500 | $6,971 |
| 2023 | $626,700 | $6,731 |
| 2022 | $620,600 | $6,752 |
| 2021 | $608,400 | $6,492 |
| 2020 | $532,600 | $5,624 |
| 2019 | $517,000 | $5,449 |
History based on county public records data.
Nearby schools
6
Josiah Quincy Elementary School
Public District PK-5
0.3 mi
•885 Washington St
3
Blackstone Innovation School
Public District PK-5
0.4 mi
•380 Shawmut Ave
2
Michael J. Perkins Elementary School
Public District KG-5
1.1 mi
•50 Burke St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $91,765. The majority of Boston, MA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
20%
<35k
33%
35k-100k
23%
100k-200k
24%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
65%
Single, No Kids
6%
Single, with Kids
17%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
2%
12-17 yrs old
26%
18-34 yrs old
52%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Music Concerts
Art Museums
Where do the neighbors shop?
Bloomingdales
H&M
Banana Republic
Where do the neighbors go to eat?
Starbucks
Chipotle
Boston Market
What do the neighbors drive?
Audi
Volkswagen
Mercedes
What do the neighbors listen to?
Alternative- Rhythmic Contemporary Hits
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40 Fay St Unit 505
The listing price of 40 Fay St Unit 505 property is $689,000.
The property 40 Fay St Unit 505 is a condo located in Boston, Massachusetts, 02118.
Active Listing: 40 Fay St Unit 505 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40 Fay St Unit 505 are: Josiah Quincy Elementary School (GreatSchools Rating 6/10), Blackstone Innovation School (GreatSchools Rating 3/10), Michael J. Perkins Elementary School (GreatSchools Rating 2/10), James Condon K-8 School (GreatSchools Rating 2/10), Joseph J. Hurley K-8 School (GreatSchools Rating 6/10), Up Academy Boston (GreatSchools Rating 4/10), Quincy Upper School (GreatSchools Rating 3/10), Boston Adult Technical Academy (GreatSchools Rating 1/10), William Mckinley School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $6,971 (source: MLS/based on county public records data).
The property at 40 Fay St Unit 505 has 1 bedroom and 1 bathroom.
The property 40 Fay St Unit 505 is 691 SqFt (source: MLS/tax record).
The year of construction for 40 Fay St Unit 505 is 2006.
This home is located at 40 Fay St Unit 505 in Boston, MA and zip code 02118 in the Gateway Terrace neighborhood. This 691 square foot home, which was built in 2006, sits on a 0.02 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $689,000.
While more than 136 listings in Boston, MA in April 2025 were sold above asking price, there were more than 52 listings sold at asking price, and more than 160 were sold below. In April 2025 in Boston, MA there were 31.8% more homes for sale than in March. Listings spent 47 days on the market in April 2025, and had a median list price of $840,482 during the same period.
From Rocket Homes Real Estate and based on county public records data.