40 Fay St, Boston (South End), MA, Massachusetts, property flyer

40 Fay St, #604, Boston (South End), MA, 02118 | $849,000

Great opportunity in the South End - ideally situated between SOWA and Ink Block. Action-packed location steps to exceptional shopping and dining, Peters Park, and Whole Foods. This one-bedroom plus den offers a cool factor with nine oversized windows and 10-foot ceilings. Concrete floors plus new light fixtures complete the lofty style of this home. The open-concept kitchen provides a generously sized peninsula with room to accommodate four bar stools creating an ideal space for entertaining. Perhaps the crown jewel of this condo - the OVERSIZED living room with tons of space for formal dining and living. The bonus den creates the ideal space for a home office or guest nook with a treason window to allow light. Spacious bedroom with en-suite bathroom and a full wall of built-in storage. Full-size garage parking is included in the sale. Adjacent storage unit. Gateway Terrace Condominium is professionally managed and includes access to a common courtyard with grill station.

Features

Town: Boston
Parking: Under, Heated Garage, Deeded, Assigned
Heating: Forced Air, Heat Pump
Cooling: Central Air, Heat Pump
Levels: 1
Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station, University
Rooms: 2

Bedrooms: 1
Baths: 1 full
Laundry: In Unit
Complex: Gateway Terrace Condominum
Year Built: 2006
Common Charge: $932 Monthly
Approx Sq. Feet: 938

Acreage: 0.02
Est. Taxes: $8,633
Pet Policy: Yes
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
MLS#: 73265416
Website: https://www.raveis.com
/prop/73265416/40fayst_boston_ma?source=qrflyer

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.
Listing by Brett Derocker courtesy of First Boston Realty International

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NMLS Mortgage Loan Originator ID 81725

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40 Fay St, #604, Boston (South End), MA, 02118

$849,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

	5/6 (30 Yr) Adjustable Rate Jumbo*	30 Year Fixed-Rate Jumbo	15 Year Fixed-Rate Jumbo
Loan Amount	$679,200	$679,200	$679,200
Term	360 months	360 months	180 months
Initial Interest Rate**	5.750%	6.625%	6.125%
Interest Rate based on Index + Margin	8.125%
Annual Percentage Rate	7.004%	6.738%	6.307%
Monthly Tax Payment	$719	$719	$719
H/O Insurance Payment	$92	$92	$92
Initial Principal & Interest Pmt	$3,964	$4,349	$5,777
Total Monthly Payment	$4,775	$5,160	$6,588

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.