
58 Gray St #3 Boston — Photo 1 of 41
$2,299,000
Investment Analysis — 58 Gray St #3
Boston, MA 02116
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 02116 carries an estimated $4,170/mo in gross rent — about a 0.72% cap rate and $16,479/yr in estimated NOI at the $2,299,000 list price. Adjust every assumption in the calculator below.
Beds
2
Baths
2
SqFt
1,349
Style
Condominium
Built
1899
Newly and extensively renovated, this sun-filled penthouse on picturesque Gray Street offers sophisticated finishes, exceptional natural light, and private outdoor space in one of Boston’s most desirable neighborhoods. The thoughtfully redesigned interior features gleaming hardwood floors, custom millwork and built-ins, designer lighting, and a bright, open layout connecting the living, dining, and kitchen areas. Two generously sized bedrooms provide comfortable, well-proportioned living spaces, while the primary suite features a beautifully appointed en-suite bath. A separate home office provides valuable flexibility as a guest room, nursery, or den. Additional conveniences include in-unit laundry and abundant storage throughout. A full interior staircase leads to an expansive private roof deck showcasing sweeping views of Back Bay and the downtown Boston skyline, an exceptional setting for entertaining or relaxing above the city. Ideally situated just moments from Back Bay, the South End, public transportation, shopping, the Theater District, and some of Boston’s best restaurants. Numerous rental parking options are available nearby. A truly turnkey penthouse, extensively renovated and ready for its next owner.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path
Geography
Listing Agent: Dalton Spingler
Listing Office: Naples Realty Group
MLS® Number: 73576186


