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Home Massachusetts Boston Back Bay Apartments

Back Bay 4 beds 5 baths Boston - $12,500

Available: 08-01-2024
35 Photos
$12,500/mo
4 Beds
4 Beds
Available: 08/01/2024
Back Bay, Boston, MA
163 Newbury Street, Boston, MA 02116
Listing courtesy of Robert Joaquim, Triangle Realty, LLC

Amenities & Apartment Information

Unit

Pet Friendly
In-Unit Laundry
Quartz Countertops

Property Description

Introducing Columbia on Newbury. Luxury city living in the heart of the Back Bay. Residences are on the top 3 floors. The top 2 floors feature a Luxury Penthouse with 4 Bedrooms, 4.5 Bathrooms, and a Private outdoor patio. Listed at 2092 SF plus a patio. All Bedrooms have En Suite Baths attached. There is a Master Bedroom on both floors. Soaker Tub off top floor master. Common lounge area with large wet bar and a separate laundry room. The upper floor features a sundrenched open floor plan with plenty of space to entertain. The kitchen comes with quartz counters, GE profile and Energy Star appliances, including a 30” Induction and Convection Range. Electrolux Washer/Dryer. Locally forested Hickory Floors. Exposed original brick, restored by a master craftsman. The Patio features Porcelain Pavers and a Weber gas grill. Central A/C. Lower levels consist of a new Japanese Izakaya Bar/Restaurant on the ground level. On the Parlor Level, (the first floor), is the home of Blue Bottle Coffee.

Price Comparison

This apartment is above the average price of $12,000 for 4 bedroom apartments in Back Bay. An above average rent can often be attributed to the amenities an apartment provides, as well as its condition, size, and location. Those are important factors to consider as you are searching for the perfect apartment. Contact Boston Pads now to see this apartment or request a rental application.

Average Rent Prices for 4 Bedroom Apartments in Back Bay

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$454,545 - $600,000

You + 3 Roommates, Each:

$125,000 - $150,000
A range of 25-30% is usually the recommended amount of household or combined gross income to spend on rent. This is also what many landlords are looking for in a prospective tenant, a group of roommates, or their cosigner(s). Remember, this is just a suggestion and does not take into account any other expenses you may have.

Rent Calculator

How much do you (or your cosigner) earn each year before taxes?

High Range

35% of Gross Income

$17,500

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Mid Range

25% of Gross Income

$12,500

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Low Range

15% of Gross Income

$7,500

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Have You Considered Buying
Your Own Home?

Instead of paying $12,500/mo in rent, these homes may have a similar monthly mortgage.

This is an estimate based on a 30-year fixed-rate mortgage at 7.242% interest, 20% down payment, $120/mo homeowners insurance, and the average property tax rate of 10.90 in the Boston area. Actual interest rates, property taxes, and homeowners insurance will vary. Does not include additional expenses or fees such as closing costs, PMI, or HOA fees. Buyers must complete their own due diligence based on current market conditions.