RENTED AUG 1, 2025

40 Fay St Unit 505 Boston, MA 02118

South End Neighborhood

Estimated Value: $685,000 - $692,754

1 Bed
1 Bath
691 Sq Ft
22.96 Acres

Last Sold June 20, 2025

Last sale price $680,000 $984 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,246/month

Highlights

  • 999,999 Sq Ft lot
  • Park
  • 3-minute walk to The Underground Dog Park
  • Property is near public transit
  • Central Heating

About This Home

As of August 2025

Bright and stylish loft at Gateway Terrace, an elevator building, steps from the Ink Block, Whole Foods, top restaurants, gyms, dog parks, and more. This sunlit home features an open layout with floor-to-ceiling east-facing windows, polished concrete floors, and a sleek Siematic kitchen with Fisher & Paykel and Bosch appliances. Enjoy granite counters, gas cooking, in-unit laundry, and generous closet space. Located in a secure, professionally managed elevator building with a beautifully renovated lobby (2024) and a landscaped courtyard with BBQ.

Last Agent to Rent the Property

Jacquelyn O'Connor

Keller Williams Realty Boston-Metro | Back Bay Listed on: 07/21/2025

Keller Williams Realty Boston-Metro | Back Bay

Co-Listed By

Sydney O'Keefe

Keller Williams Realty Boston-Metro | Back Bay

Last Renter's Agent

Sabrina Silva

Columbus and Over Group, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,587

Year Built

  • 2006

Lot Details

  • 22.96

Home Design

  • 691 Sq Ft Home
  • Entry on the 4th floor

Kitchen

  • Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Property is near public transit

Utilities

  • No Cooling
  • Central Heating

Listing and Financial Details

  • Security Deposit $3,500
  • Property Available on 9/1/25
  • Rent includes water, sewer, snow removal, gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4705808

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Park

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,587

Year Built

2006

Lot Details

0

Rental Info

  • Pets Allowed: Yes w/ Restrictions
  • Available Date: 2025-09-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • INSURANCE REQD: Yes
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 3500

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Fireplace YN: No
  • Appliances: Range, Oven, Dishwasher, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Laundry Features: In Unit
  • Above Grade Finished Sq Ft: 691
  • Living Area: 691
  • Spa YN: No
  • MAIN LO: BB5522
  • MAIN SO: BB5522

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Utilities

  • Heating: Central
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: Yes
  • Community Features: Public Transportation, Park
  • Rent Includes: Water, Sewer, Snow Removal, Gardener
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4705808
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 999999
  • Lot Size Units: Acres

Multi Family

  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2025
Closed on
Jun 13, 2025
Sold by
Ricker Andrea M and Cordova Andrea
Bought by
Faystreet505 Llc
Seller's Agent
Jacquelyn O'Connor
Keller Williams Realty Boston-Metro | Back Bay
Buyer's Agent
Sabrina Silva
Columbus and Over Group, LLC
Sold Price
$3,500
Views
2
Current Estimated Value
$689,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,689
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
May 5, 2014
Sold by
Ricker Andrea M
Bought by
Ricker Andrea M and Cordova Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Faystreet505 Llc $680,000 None Available
Faystreet505 Llc $680,000 None Available
Ricker Andrea M -- --
Ricker Andrea M -- --
Ricker Andrea M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ricker Andrea M $246,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2025 08/01/25 Rented $3,500 0.0% --
07/29/2025 07/29/25 Under Contract -- -- --
07/21/2025 07/21/25 For Rent $3,500 0.0% --
06/20/2025 06/20/25 Sold $680,000 -1.3% $984 / Sq Ft View Prior Sale
06/12/2025 06/12/25 Pending -- -- --
05/13/2025 05/13/25 For Sale $689,000 0.0% $997 / Sq Ft
12/03/2019 12/03/19 Rented $2,850 -3.4% --
11/07/2019 11/07/19 For Rent $2,950 +31.1% --
02/16/2017 02/16/17 Rented $2,250 0.0% --
02/12/2017 02/12/17 Under Contract -- -- --
02/04/2017 02/04/17 For Rent $2,250 0.0% --
09/14/2015 09/14/15 Rented $2,250 0.0% --
09/12/2015 09/12/15 Under Contract -- -- --
09/08/2015 09/08/15 Off Market $2,250 -- --
08/13/2015 08/13/15 For Rent $2,590 -- --
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,587 $655,200 $0 $655,200
2024 $6,971 $639,500 $0 $639,500
2023 $6,731 $626,700 $0 $626,700
2022 $6,752 $620,600 $0 $620,600
2021 $6,492 $608,400 $0 $608,400
2020 $5,624 $532,600 $0 $532,600
2019 $5,449 $517,000 $0 $517,000
2018 $5,109 $487,500 $0 $487,500
2017 $4,917 $464,300 $0 $464,300
2016 $4,912 $446,500 $0 $446,500
2015 $4,538 $374,700 $0 $374,700
2014 $4,278 $340,100 $0 $340,100
Source: Public Records

Agents Affiliated with this Home

  • Jacquelyn O'Connor

    Landlord's Agent in 2025

    Jacquelyn O'Connor

    Keller Williams Realty Boston-Metro | Back Bay

    (857) 294-9994

    16 in this area

    126 Total Sales

    Jacquelyn O'Connor
    Section Image
  • Alan Duggan

    Seller's Agent in 2025

    Alan Duggan

    Compass

    (617) 206-3333

    8 in this area

    15 Total Sales

    Alan Duggan
    Section Image

  • S

    Landlord's Co-Listing Agent in 2025

    Sydney O'Keefe

    Keller Williams Realty Boston-Metro | Back Bay

    (413) 575-1194

    2 in this area

    22 Total Sales

    Sydney O'Keefe
    Section Image

  • S

    Tenant's Agent in 2025

    Sabrina Silva

    Columbus and Over Group, LLC

  • Christina DiNardi

    Buyer's Agent in 2019

    Christina DiNardi

    Keller Williams Realty Boston-Metro | Back Bay

    (860) 705-1772

    2 in this area

    129 Total Sales

    Christina DiNardi
    Section Image
  • Christine Mcconville

    Seller's Agent in 2017

    Christine Mcconville

    Coldwell Banker Realty - Boston

    (617) 834-0538

    5 in this area

    36 Total Sales

    Christine Mcconville
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73407245

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000003-006390-000068

Massachusetts Suffolk County Boston 02118 South End

40 Fay St Unit 505, Boston, MA

Not Listed for Sale

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