See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

48 Fayette St, Boston, MA, 02116

4beds
4baths
2,658sqft
$3,200,000
$1,204price/sqft
$20,349/moest. monthly cost
$813,960/yrincome needed

About This Home

Exquisite Bay Village single-family, four-level townhouse with 4 beds and 3.5 baths. Currently undergoing a full gut renovation to the studs, with completion expected in approximately 2 months. Professionally designed with refined, modern finishes throughout. Sun-filled open layout with a chef’s kitchen featuring granite counters and Thermador appliances. Second level offers a serene primary suite with walk-in closet, spa-like bath, in-unit laundry, and bonus room (nursery/office). Top floor includes a bright bedroom with ensuite bath, skylights, and flex lounge/office space. Lower level features 2 spacious bedrooms, full bath, and kitchenette with direct patio access. Private backyard oasis with bluestone patio. Rare, turnkey offering in the heart of Boston. Private showings only.

Getting Around

99
WalkingWalker's Paradise
100
TransitRider's Paradise
78
BikeVery Bikeable

Schools

7/10
3/10
Quincy Upper SchoolGrades 6-120.0 mi
--
Boston Adult AcademyGrades 11-120.0 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Concrete Perimeter,Brick/Mortar
  • Roof: Shingle
  • Construction materials: Frame,Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Federal
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Water Heater,Oven,Dishwasher,Disposal,Microwave,Range,Refrigerator,Freezer,Washer,Dryer,Wine Refrigerator
  • Laundry features: Second Floor,Electric Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Interior Entry

Bathroom1

  • Level: Basement

Bathroom2

  • Level: Second

Bathroom3

  • Level: Third

Bedroom2

  • Level: Third

Bedroom3

  • Level: Basement

Bedroom4

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Family Room

  • Level: Third

Features

  • 3/4 Bath,Bonus Room
  • Door features: Insulated Doors
  • Window features: Insulated Windows
  • Flooring: Wood,Tile,Hardwood
  • Finished area below ground: 685
  • Finished area above ground: 1,973

Heating & Cooling

  • Heating features: Central,Forced Air,Heat Pump,Electric
  • Cooling features: Central Air,Wall Unit(s),Heat Pump

Interior Area

  • Total structure area: 2,658
  • Total interior livable area: 2,658 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: W:05 P:00737 S:000,3358040
  • Attached to another structure: Yes
  • Zoning: 0

Features

  • Patio & porch: Patio
  • Exterior features: Patio,Fenced Yard
  • Fencing: Fenced/Enclosed,Fenced

Lot

  • Lot size: 1,334 sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $16,180$194,160
Home Insurance *$573$6,876
Property Taxes $3,072$36,864
Electricity $524$6,289
Total$20,349$244,188
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$697,680/yr
40% on housing$610,470/yr
45% on housing$542,640/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.3%
7.3%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,204This listing

vs Other Active Listings

Avg $/sqft

ZIP 02116$1,189
Suffolk County$574

vs Homes Sold Last Month

Median $/sqft

ZIP 02116$1,479
Suffolk County$453

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-30Listed for sale$3,200,000
2025-01-31Sold$1,850,000
2024-11-07Contingent$1,950,000
2024-11-01Listed for sale$1,950,000
2024-08-14Listing removed$1,995,000
2022-11-09Listing removed$1,725,000
2022-11-07Listed for sale$1,725,000
2001-12-12Sold$820,000

For Sale by Agent

AgentMarina Papanova
BrokerageNew Neighbors, Inc.

Similar Homes