Starboard Place

45 1st. Avenue

Starboard Place, city living in the historic Navy yard. Steps from the Boston Harbor waterfront and its restaurants, marinas and water shuttle to downtown. Surrounded by handsome nineteenth-century buildings This Charlestown 1 bedroom unit boosts natural light, cathedral ceilings, and over-sized colonial windows. The building offers, concierge, elevator access as well as conveniently located near local cuisine, Bunker Hill monument, shops and public transit.

 

FEATURES

In Unit Washer & Dryer
Elevator
Bike Storage
Skyline views

https://www.maloneyaffordable.com/wp-content/uploads/2022/08/45-1st-Ave.-Elevator-1.jpg

NEIGHBORHOOD

Established in 1800, the Charlestown Navy Yard was one of the original six yards formed to support the United States Navy and is one of the oldest shipbuilding facilities for the military branch. For 174 years, this location was home to skilled works, naval officers, sailors, and the U.S. Marines. Today, it attracts thousands of tourists and offers lavish apartments, condos, and townhomes with awe-inspiring waterfront views.

The heart of the neighborhood is Charlestown Naval Shipyard Park and is preserved as a historic site open year-round for visitors. Charlestown Navy Yard is also home to two historic ships: USS Constitution and USS Cassin Young. For even more history, visit the Boston National Historical Park.

Locals frequent Paul Revere Park for scenic city views, public art, a dog park, and playground. Sailing is very popular here and you can learn to drive the boat at one of the many sailing schools in the area.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: Studio

Purchase Price: $262,631.00

BPDA Maximum Income Limit: 80%-100% AMI

1 Household – Minimum $78,550 – Maximum $98,150

2 Household – Minimum $89,750 – Maximum $112,200

3 Household – Minimum $100,950 – Maximum $126,200

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

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

 

 

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: $127.54 per month

Square Feet:  500 SF

Taxes: 2022 Gross Tax $2,289

What is the per policy? Pets allowed with restrictions

Is there parking or storage with the unit? No parking or storage available

 

 

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

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