Active
2 Days on market
58 Gray St #3 Boston — Photo 1 of 41

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.

View Standard Listing

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 MLS and other third-party data may be inaccurate or out of date.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

Original Price$2,299,000
Annual Taxes$18,767
HOA Fee$232

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms5
Fireplaces1
Flooring--
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Brick
Roof--
Foundation--
ZoningCD

Property & Lot

Acres0.03
SqFt Lot1,349
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Listing Provided By

Listing Agent: Dalton Spingler

Listing Office: Naples Realty Group

MLS® Number: 73576186