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Home Massachusetts Boston Downtown Apartments

Downtown 3 beds 4 baths Boston - $16,500

Available: 09-01-2024
24 Photos
$16,500/mo
3 Beds
4 Baths
Available: 09/01/2024
Downtown, Boston, MA
1 Franklin, Boston, MA 02110
Listing courtesy of Alpha Group, Compass

Amenities & Apartment Information

Building

Pool
Fitness Center

Unit

Pet Friendly
Furnished Apartment
In-Unit Laundry

Property Description

Experience the epitome of luxury living in this magnificent 3-bedroom corner residence situated on the 51st floor of Millennium Tower. With the option to be furnished or unfurnished, this exceptional home offers breathtaking panoramic views of Downtown and Boston Harbor through its floor-to-ceiling windows, providing an awe-inspiring backdrop to your daily life. Features included 10 foot ceilings, Poggenpohl Kitchen and bath cabinets, Wolf and Sub Zero appliances, wide plank oak floors and marble bath with stunning finishes throughout. Luxury residential living includes owner’s lounge with private dining and bar, two-story club with screening room, outdoor terrace, library, indoor Olympic size swimming pool, jacuzzi, private FLX fitness and spa, children’s playroom and a 24/7 concierge, security and 2 valet parking.Located within the prestigious Millennium Tower, this residence offers an unparalleled living experience in the heart of the city.

Price Comparison

This apartment is above the average price of $3,811 for 3 bedroom apartments in Downtown. The unit includes some utilities. If you consider the cost of paying for these utilities separately, you may find that having them included in the rent saves you money. The other amenities this apartment offers, along with its condition, location, and size, can also contribute to the above average rent price. Reach out to our agent to schedule a showing or request a rental application.

Average Rent Prices for 3 Bedroom Apartments in Downtown

Rent Calculator & Affordability

Recommended Annual Gross Income

Household:

$600,000 - $792,000

You + 2 Roommates, Each:

$220,000 - $264,000
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

$23,100

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Mid Range

25% of Gross Income

$16,500

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Low Range

15% of Gross Income

$9,900

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Have You Considered Buying
Your Own Home?

Instead of paying $16,500/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.