Forecaster 121 Unit 308

121 Portland St. Unit 308

Forecaster 121, BPDA Income Restricted Condo Resale, is a unique combination of historic detail accompanied with modern finishes and loft-style elements. The amenities of the building include 24-hour concierge and valet, fitness room, meeting room, secure bike storage, deeded storage closets and professional management. Forecaster 121 is in one of the most dynamic locations in Downtown Boston being positioned near the Bufinch Triangle, Boston Public Market, Boston’s Waterfront, North End, Government Center, and the West End. Also within a short walking distance to Forecaster 121 is Beacon Hill, Faneuil Hall, the Financial District as well as the up and coming Downtown Crossing neighborhood. Forecaster 121 is extremely accessible to major transportation points in the Downtown Boston area including highways and public transportation. The building is a short walk to North Station. In addition to the MBTA subway, North Station is one of Boston’s Amtrak terminals and a MBTA commuter train hub.

FEATURES

Fitness Center
Elevator
In Unit Washer & Dryer
24-hour concierge

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NEIGHBORHOOD

Residents of North Station enjoy close proximity to cool restaurants and bars on Causeway Street. The community is encompassed by the Massachusetts Bay Transportation Authority’s North Station terminal, which runs the city’s Orange and Green Lines.

The station sits on the first floor of TD Garden, Boston’s multi-purpose arena. Residents of North Station can easily walk to the historic Freedom Trail, Langone Park, and Haymarket – a former town square that now operates as an open-air market.

Residents are close to Interstate 93, which leads to Bunker Hill, Harvard University, the New England Aquarium, and more.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: 1 bedroom

Purchase Price: $271,459

BPDA Maximum Income Limit: 100% AMI Property with a minimum 80% AMI income requirement to qualify of $78,550

Household Size                       Household Income Limit 2022
1                                               $98,150
2                                               $112,200

Maximum Asset Limit: $100,000
Does not include retirement

Exclusions: Entry way mirror and coat hooks are excluded from the sale of this unit.

There will be no open houses. There will only be private showings.  Please complete this form if you would like to schedule a showing:  Showing Request Form

Please Note: We will not be offering cooperating agent compensation.

Current Condo Listings

Property# BedsPriceIncome Limit (AMI)Units AvailableAccessible Units
11 Taft Hill2-Bedroom$252,00080%10
11 Taft Hill2-Bedroom$326,000Minimum 80% - Maximum 100%10

NEXT STEPS

The next step is to request an application.

Free language assistance is available for those whose primary language is not English or have limited English proficiency. For more information or reasonable accommodations for persons with disabilities, please contact us.
 

FAQ / FREQUENTLY ASKED QUESTIONS

Income Questions:

How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.

I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.

I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.

I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.

Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.

I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.

I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.

Condominium Fee: $200.45 per month

Square Feet:  739 SF

Taxes: 2022 Gross Tax $2,841.86

What is the pet policy? Up to 2 pets per unit, breed and additional restrictions apply (full policy available upon request)

Is there parking or storage with the unit? If so, what are the parking / storage #? No parking available  (some available for rent from other units) No storage available

 

If you have questions about this property, please contact us.

Tel: 617-906-8660 – US Relay 711
Email: mzaric@maloneyproperties.com