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40 William Kelly Sq #502 Boston — Photo 1 of 28

40 William Kelly Sq #502 Boston — Photo 1 of 28

$1,449,000

Investment Analysis — 40 William Kelly Sq #502

Boston, MA 02128 — East Boston

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02128 carries an estimated $3,290/mo in gross rent — about a 0.42% cap rate and $6,017/yr in estimated NOI at the $1,449,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2

SqFt

1,400

Style

Condominium

Built

2023

The WK Residences are a collection of 9 ultra luxury homes in a boutique elevator building across from East Boston's Waterfront. Residence 502 is a half floor through home with floor to ceiling windows, 10 ft ceilings and unobstructed views of Boston Harbor and Boston's Skyline. Enter into the foyer which opens up to the living/kitchen/dining area. Hardwood floors throughout, recessed lighting, Central Air, full size washer/dryer in unit. Kitchen has Bosch appliance package, Quartz waterfall peninsula with seating for 4, 2 tone cabinetry + black fixtures. Dining area with seating for 8+ overlooking the ocean and city. Two large guest bedrooms and meticulously designed guest bath. Oversized primary suite with en suite bath, frameless glass tiled shower + double vanity. Walk to public transportation, grocery shopping, restaurants/bars, East Boston's waterfront. Direct highway access and access to Logan Airport, minutes away. Unprecedented opportunity to own one of the finest homes in East Boston. Ready for immediate occupancy. Off street parking available.

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 MLS and other third-party data may be inaccurate or out of date.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$1,449,000
Annual Taxes--
HOA Fee$550

Parking

Garage0
Off-Street1

Interior Specifications

Total Rooms6
FireplacesNone
FlooringHardwood
BasementN

Climate & Utilities

HeatingForced Air
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningMIXED

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

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

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Bike Path • Highway Access

Geography

Listing Provided By

Listing Agent: Elevated Boston Team

Listing Office: Elevated Realty, LLC

MLS® Number: 73577268