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199 State St #201 Boston — Photo 1 of 39

199 State St #201 Boston — Photo 1 of 39

$2,995,000

Investment Analysis — 199 State St #201

Boston, MA 02109 — Waterfront

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 02109 carries an estimated $5,290/mo in gross rent — about a -0.17% cap rate and $-5,049/yr in estimated NOI at the $2,995,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

3.5

SqFt

2,695

Style

Condominium

Built

1899

Loft style, Brick and Beam residence with unobstructed views of the Greenway and Waterfront. Impressive floor plan spanning the buildings’ width, direct elevator access, two private balconies, 14' ceilings and windows with three exposures. Chefs’ kitchen with white stone countertop, high-end appliances and gas cooking. Dining area with custom lighting, floor-to-ceiling windows, walk-out balcony, and unobstructed views of the City. Living room offers stone wall, Projection TV, polished concrete floors and custom bar area. Master bedroom with hardwood floors, walk-in closet and ensuite bath offering custom glass tile work, Jacuzzi tub, spa shower, and double vanity. Guest bedrooms with ensuite bathrooms. Electronic window treatments and deeded storage. Monthly garage parking and guest parking offered next door, or across the street. Greenway Place is a boutique building with professional management, pet-friendly and high owner occupancy. An iconic location on the Waterfront, between the North End, Seaport District, Downtown Boston and all major transportation points.

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 MLS and other third-party data may be inaccurate or out of date.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$2,995,000
Annual Taxes$26,309.2
HOA Fee$2248.75

Parking

Garage1
Off-Street1

Interior Specifications

Total Rooms8
FireplacesNone
FlooringTile, Concrete, Hardwood
BasementY

Climate & Utilities

HeatingForced Air, Individual, Unit Control
CoolingCentral Air, Individual, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick, Stone
RoofSlate, Rubber, Other
Foundation--
ZoningCD

Property & Lot

Acres0.06
SqFt Lot2,695
Lot Features--

Amenities & Appliances

Oven • Dishwasher • Disposal • Microwave • Range • Refrigerator • Freezer • Washer • Dryer • Wine Refrigerator • Range Hood • Plumbed For Ice Maker

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Property History

Listed
$2,995,000

Sep 16, 2026

MLS® 73577868

Sold
$1,275,000

Jul 22, 2010

MLS® 71005536

Listed
$1,400,000

Nov 29, 2009

MLS® 71005536

Listing Provided By

Listing Agent: Carmela Laurella

Listing Office: CL Properties

MLS® Number: 73577868