Industrial / Loft home in 118 South St #4AB Boston, MA
This 2,974-square-foot Industrial condo in Boston, MA includes 3 bedrooms and 3 bathrooms. The listing highlights deck / patio, hardwood floors, and open floor plan.
| Price | $1,500,000 |
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| Beds | 3 |
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| Baths | 3 |
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| Sqft | 2974 |
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| Architectural style | Industrial / Loft (55% match) |
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| Address | 118 South St #4AB Boston, MA 02111 |
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Why buy this home
- Confirmed Industrial / Loft architecture, matched from the listing photos by Enzo's vision model.
- Features: deck / patio, hardwood floors, open floor plan.
- Links directly to the original source listing on Movoto.
Is this a good buy?
Priced below comparable homes.
- At $1.5M, this home is 69% above the $887K median for 130 similar Industrial / Loft homes in Boston, MA.
- That works out to $504 per square foot, 39% below the $829 comparable rate.
| This home | $1,500,000 |
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| Industrial / Loft median in Boston, MA | $887,000 (130 homes) |
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| Price per sq ft | $504 vs. $829 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $10,198/month with 20% down at a 7.28% 30-year fixed rate. You would need about $437,059 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $8,211/mo |
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| Property tax (new-buyer reassessed rate) | $1,425/mo |
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| Homeowners insurance | $562/mo |
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| Total monthly | $10,198/mo |
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| Down payment (20%) | $300,000 |
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| Income needed | $437,059/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home D (41 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | D (41/100) |
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| Beats renting in | 2% of modeled paths |
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| Modeled 5-yr equity (median) | $509,940 |
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| Range (10th to 90th pct) | $248,378 to $822,601 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Boston, MA where local data is thin.
Local home values
Typical home values in Boston, MA have risen about 23% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Movoto