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483 Beacon St # 43, Boston MA 02115

Boston, MA 02115 • Back Bay
$480,000
Est. $3,204/month
1
Beds
1
Baths
335
Sq Ft
$1,433
Price/Sq Ft
0.01
Acres
1898
Year Built
107
Days on Market
Closed Listed Jun 5, 2024 • MLS# 73247116 Copied!

About this home

Great Investment Opportunity! With high monthly rent potential and extremely low condo fees (which have barely increased in 20 years), this easy to rent condo offers an ideal cash flow opportunity as a reliable and consistent rental property. Minimal rent restrictions apply as students and pets are allowed, commanding higher monthly rent potential by providing the owner with a larger selection of prospective tenants, including those who normally would face high restrictions in their apartment search. Situated in the highly sought-after Beacon Towers in Back Bay, the location couldn't be better, whether for an owner occupant or an investor. It is currently rented at $2550 until 8/31/25. This condo presents an excellent opportunity for any investor looking to capitalize on Boston's hot rental market.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1898
Bedrooms
1
Full Bathrooms
1
Living Area
335 sq ft
Total Rooms
2
Stories
1
Entry Level
4

Sale Statistics

Sale Overview
Original List Price: $535,000
Final Sale Price: $480,000
Difference: $55,000 (-10.3%)
Performance Metrics
89.7%
List to Sale Ratio
Sold below asking price
107
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $1,597
Sale $/sq ft: $1,433
This property sold for $1,433 per square foot
Sale Summary

This property sold for 10.3% below the original asking price.

At 107 days on market, this property took longer than average to sell.

Nearby Sales Comparison

Based on 12 similar properties sold within 0.5 miles in the last 90 days

This Property
$1,433/sq ft
Area Average
$364/sq ft
Difference
+293.2%

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

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1898
Living Area 335 sq ft
Lot Size 0.01 acres
Bedrooms 1
Full Baths 1
Total Rooms 2

Interior

Heating Baseboard
Cooling Window Unit(s)
Flooring None
Appliances None
Fireplace None
Basement N
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features On Street

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,237
Assessed Value $480,500

Interior Features

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

Construction & Materials

Year Built: 1898
Structure Type: Mid-Rise
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s)
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

Parking Features: On Street

Location

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Neighborhood

Back Bay

483 Beacon St # 43, Boston MA 02115

Boston, MA 02115

Walkability

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Nearby Schools

School District
Boston School District local
C-
🎓 Where Graduates Go Class of 2021
52% attend college
38% 4-Year 14% 2-Year 7% Out of State 7% Working
School Safety 2024-25
3.7% Above Average
3.2% Suspensions 0.3% In-School 0.5% Emergency
1.8% below state avg
E

Elementary Schools

3 schools
Kingsley Montessori School
0.4 mi
Grades PK-06
Kids Are People School
0.4 mi
Grades PK-12
The Learning Project
0.6 mi
Grades K-06
H

High Schools

3 schools
Newman School
0.4 mi
Grades 07-12
Boston Arts Academy
0.4 mi
A
Boston Arts Academy
0.4 mi | #4 of 25 | Score: 51.3
Improved 321 spots from last year
-6.9 below state avg
500 students Diverse
6 sports • 26 athletes
Rising School Career Tech Programs Diverse Student Body
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $436
Homeowners Insurance $200
HOA Fee $140/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

1.8%
Price Range
84
Total Days on Market

Property Timeline

Sold
Dec 11, 2024
$480,000
Property sold
Days on Market: 84
🏠
Listed for Sale
Jun 5, 2024
$489,000
Original listing
Agent: Ricky Barua Office: New Wave Boston Real Estate, LLC

Price & Status History

Date Event Price Change
Jun 5, 2024 New Listing Added $489,000

Market Statistics

Days on Market
107 days
Price per Sq Ft
$1,433

Tax History

Year Taxes Assessment
2024 $5,237 $480,500

Financial Details

Annual Property Tax
$5,237
Tax Year 2024
HOA Fee
$140
Monthly
Assessed Value
$480,500

Listing Information

Listing Agent Ricky Barua
Listing Office New Wave Boston Real Estate, LLC
Agent MLS ID CN213057
Office MLS ID AC0155
Listing Data Updated Dec 17, 2024 5:48 PM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Boston, MA

Real-time market trends and pricing data for this area

483 Beacon St # 43, Boston MA 02115 - Photo 1 483 Beacon St # 43, Boston MA 02115 - Photo 2 483 Beacon St # 43, Boston MA 02115 - Photo 3 483 Beacon St # 43, Boston MA 02115 - Photo 4 483 Beacon St # 43, Boston MA 02115 - Photo 5 483 Beacon St # 43, Boston MA 02115 - Photo 6 483 Beacon St # 43, Boston MA 02115 - Photo 7 483 Beacon St # 43, Boston MA 02115 - Photo 8
Steven Novak

Steven Novak

BMN Boston Real Estate

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