Brookline

How Much Apartment Can I Afford?

Budgeting for apartment rent isn’t always easy, especially when it’s your first time renting. For most people, rent or mortgage, food, and transportation take up at least 60% of their budget. The goal of this article is to help give you a baseline knowledge of this topic to establish your own personalized apartment budget.

When adding up your income, be sure to include or subtract the following, if applicable:

·       Salary

·       Bonuses

·       Royalties or rental income

·       Alimony or child support

·       Interest

·       Proceeds from a recent sale of a large item

As you balance your budget, try not to spend much more than 60% percent of your total income on rent, food and transportation. You will still need money for electricity, cable/phone, insurance, medical care, debt repayments, and if you’re lucky savings. Be sure to consider the cost of living in your preferred location when choosing your apartment. In Boston, many people enjoy the conveniences of urban living, such as public transportation and riding or walking to their workplace.

Your Annual Salary Should Be At Least 40 Times Your Monthly Rent

There’s no question that the cost of living is high in Boston. This is why many landlords require tenants to earn an annual salary that is at least 40 times the monthly rental rate. Assume that you and your spouse earn a combined income of $100,000 per year. Divide this figure by 40 to get the maximum you should pay for rent each month. In this case, it’s $2,500.

Consider Your Move-In Costs

Keep in mind that you almost always need to pay a security deposit when you move into your new apartment. It’s common for landlords to require the first and last month’s rent when you sign a lease, too. To offset these costs, look for special deals being offered. For example, a rental property manager may offer a free month’s rent when you sign a lease of at least one year. You also need to account for costs such as new furniture or professional moving assistance. Rest assured, the management at Longwood Residential will assist you in locating money-saving deals whenever possible.

Sign Up for Our First-Time Home Buyer Program

It’s an exciting time when you decide to buy your first house. It can also be overwhelming. When you rented an apartment, you filled out an application, paid a deposit, and moved in. While the owners checked your financial stability and rental history, applying for a mortgage is much more involved.

You probably have numerous questions in addition to how to qualify for a mortgage. Longwood Residential’s first-time home buyer program can start to address your concerns at our free information session, which we hold periodically. In the market for Longwood Condos but not sure where to start? We'll post our next seminar on Facebook, so follow us there!

What to Expect at Our Free Home Buying Seminars

Longwood Residential hosts these events at our office. We are conveniently located at 1404A Beacon Street in Brookline. Here are some of the helpful topics we plan to address:

  • High-level overview of buying a home and the local real estate market Foyer of luxury home

  • Best practices for getting your offer accepted

  • Evaluating your financing options

  • Differences between buying and renting

  • What to expect during your home inspection

  • Expectations for closing

We also leave plenty of time to answer any questions from attendees. We understand that everyone has a unique situation that won’t necessarily fit into the general information we provide. You are welcome to contact a member of our team, if you have any immediate questions for us regarding buying or selling your home.

Education should be the first step on your exciting journey toward home ownership

Anyone interested in the home buying process is welcome to attend our free events! We just ask that you RSVP to info@longwoodresidential.com, or call us at 617-396-3100. Space for our first-time home buyer programs are limited, so reserve your spot today!

Features & Amenities of Luxury Apartments

Just because you choose to live in an apartment doesn’t mean you can’t have the same luxuries as someone who lives in a private home. In fact, your living quarters and amenities are often more luxurious when renting. As the management company for Longwood Condos, we also rent and manage several luxury apartments. You can find luxury apartment complexes managed by Longwood residential in both Boston and Brookline.

What Makes Our Apartments So Luxurious?

Luxury ApartmentsDefining luxury can be subjective. What one person considers a luxury amenity might be a necessity to someone else. At Longwood Residential, it’s our goal to make your life as easy as possible. This includes concierge service and package delivery at one apartment complex, a private pool and workout room at another, and heated underground parking at a third. It’s up to you to decide which amenities you need to live comfortably.

The size of your apartment and the view are additional factors that make it more luxurious than a typical rental situation. Many of our luxury apartment buildings offer high ceilings, floor-to-ceiling windows, and private balconies each unit.

Participate in Onsite Activities as Much or as Little as You Like

You become part of a community the day you become a resident at one of our upscale apartment buildings. You are welcome to choose to participate in building-sponsored events. There’s no obligation, and we have designed our units to provide maximum privacy for the times you wish to be at home, undisturbed by others.

Please contact us to learn more about available apartments at one of our many luxury apartment buildings in Boston or Brookline.

Awesome Longwood Condos for Sale

Before you pursue Longwood condos for sale, it’s helpful to review some basic information about condominium living. When you buy a condo, you own the entire inside of your unit. The condo association owns the exterior, common areas, and the land where the building sits.

You are not responsible for exterior maintenance as a condo owner. However, it’s important to budget for association fees in addition to your monthly mortgage payment. The money collected from all residents covers the cost of maintenance and repair in common areas such as hallways and meeting rooms.

Which Boston Neighborhood is Right for You?

One of the major benefits of Longwood condos for sale is that we have units available in multiple Boston neighborhoods. These include:

Of course, you need to consider several personal factors when deciding where you want to purchase a condo. Proximity to your work, quality of the school district, and access to public transportation are just three of the most important things to people looking to make one of these Boston neighborhoods their new home. You can search by neighborhood, price, MLS listing number, and other categories when trying to locate an available unit sold and managed by Longwood Residential.

Average Cost of Boston Condos by Square Foot

Our prices fall in line with those listed on a report released by Curbed Boston on January 5, 2017. With the new year just weeks old, prices range from $263 per square foot in the Hyde Park neighborhood to $1,467 per square foot for a condo in Back Bay. These figures include condos ranging in size from 812 to 3,247 square feet.

The analysis posted by Curbed Boston includes data from 10 distinct Boston neighborhoods. This is to give buyers an accurate idea of the average monthly payment for a Boston condo in place of using a mortgage calculator.

Featured Longwood Condos for Sale

With a presence in all 14 of the Boston neighborhoods listed above, Longwood Residential is sure to have a condo available to suit your needs. Below are just three of our luxury properties that could be your new home:

  • Ritz-Carlton Condos: Named for the hotel chain that offers such personalized service, the Ritz-Carlton Condos give you more of the same. Whether you’re interested in valet parking, room service, or wake-up calls, you can receive these services and more as a resident here. A picturesque view of the harbor completes the experience of condo living at its finest.

  • Mosaic on the Riverway: Want to live in a building with top floor club space? Then Mosaic on the Riverway is the place for you. Besides the serene view from high above the city, this building is conveniently located in the Longwood Medical Area.

  • Washington on the Square: When you want the convenience of a condo but don’t want or need a lot of space, consider a studio-sized unit at Washington on the Square. One and two-bedroom condo units are available as well. You don’t even have to leave home to exercise since the building comes equipped with a 24-hour fitness center.

Please contact us at your convenience to learn more about Longwood condos for sale.

Longwood Residential Condo CTA

Free Home Buying Seminar Thursday, February 23rd!

Join us at 6:00 PM on Thursday, February 23rd for a fun, informative and FREE Home Buying Seminar.  This short presentation - perfect for first-time homebuyers or anyone looking for a refresher on the process - will feature info and tips from real estate agents, lenders, home inspectors and real estate attorneys.  

 

Topics will include:

  • Overview of the home buying process
  • Snapshot of the local market
  • Secrets to get an accepted offer
  • Comparing financing options
  • Preparing for home ownership
  • Buying vs. renting
  • Home inspection process
  • What to expect at the closing table
  • Q&A

 

WHEN:  6:00 to 7:30 PM on Thursday, February 23rd 2017

WHERE:  Longwood Residential office @ 1404A Beacon Street in Brookline

WHO:  Anyone interested in the home buying process!

RSVP:  info@longwoodresidential.com (limited space!)

 

Food and refreshments will be served!

February 23 Home Buying Seminar - Flyer

RSVP:  info@longwoodresidential.com

Longwood Apartments: Luxury Properties for Rent in Brookline

As part of the Greater Boston area that is close to five other upscale neighborhoods, Brookline has much to offer renters. From the Coolidge Corner retail district to the active nightlife, you won’t be at a loss for things to do in this community. Fortunately for you, several luxury Longwood Apartments are currently available to rent.

Exclusive Longwood Apartments in Washington Square

Washington on the Square, which also goes by the name 1600 Beacon Street Condominiums, offers the upscale living you desire. It has studio as well as one and two-bedroom units. Some of the features you will enjoy inside of your apartment include granite countertops and stainless steel appliances. All bathrooms have been recently renovated. Some of the building’s features include concierge service and underground parking. You can also workout in its private 24-hour facility.

Just down the road from Washington on the Square is the 1440 Beacon Street Apartments. As a renter at this building, you will be close to Coolidge Corner. 1440 Beacon Street Apartments are within walking distance to the Green Line. With in-unit dishwashers, package receipt service, and wall to wall windows among its many amenities, you won’t want to miss these Longwood Apartments.

1443 Beacon Street Apartments are literally a stone’s throw from the 1440 building. Like its neighbor, the 1443 building is on the bus line. Additionally, it has a walkscore of 92%. That means you can walk to nearby shopping centers, medical facilities, grocery stores, and other businesses you visit on a regular basis. You will enjoy a life of luxury using the sundeck, pool, valet dry cleaning service, 24-hour concierge service, and other exclusive services for our renters.

Ready to make Brookline your new home? Just contact a representative of Longwood Residential today.

Retro Furniture Ideas for Your Brookline Apartment

Although you would love to decorate your living room with retro furniture, you’re not sure that you have room for it in your small Brookline apartment. Fortunately, this style of decorating has more to do with patterns and color than with size. For example, brown and creamy colors combined provide an understated throw-back look. Solid wooden furniture can be reupholstered with classic prints and make a fashion statement that will become the envy of your friends and family.

Other Popular Color Schemes for Retro Furniture

Both understated and bold are popular when it comes to choosing colors for retro furniture and household decorations. Purple and violet were the top color choices last year. Gold and silver accents were popular as well, and will always remain in style when used correctly. While bold checkered designs are all the rage, you don’t have to choose any style in particular just to achieve a retro look if you don’t care for it. The ideas are limitless.

A Unique Twist on Modern Design

A retro style can still work for you if you prefer your furniture and décor to look modern yet funky. When it comes to the shape of your eccentric furniture, be sure to think outside the box. A cube bookshelf with curved corners, or a magazine rack that has a letter cutout is different enough that you won’t get bored by the design. A tall skinny lamp with a brightly colored lampshade is another fun idea. You don’t have to select a lamp with a straight pole either; twists and curves give your space that retro look you’re after without blowing through your decorating budget.

Sometimes, all it takes is putting up a poster or painting of people from an earlier era to give a room that classic throw-back look. The “Camelot Era” is an especially appropriate time, since President John F. Kennedy originally hails from Brookline. Alternatively, you can’t go wrong with an oversized Warhol of Marilyn!

Condos in Brookline, MA

Brookline is an upscale, historic city best known as being the birthplace of President John F. Kennedy. Brookline MA condos don’t disappoint in their luxury, convenience, and number of amenities. If you’re looking to settle down in this community, here are some housing options to consider.

Brookline MA Condos and Apartments

The following condo community is available in Brookline:

Washington on the Square: This building has 11 stories and 125 units. They include a mix of studio, one-bedroom, and two-bedroom units. Each has hardwood flooring, granite countertops, stainless steel appliances, and other luxury amenities. The building is located within a five-minute walk of grocery stores, restaurants, and entertainment. Concierge service, a fitness center, and an on-site laundry facility are just three of its many amenities.

These luxury apartment buildings are also located in Brookline:

1440 Beacon Street Apartments: This newly renovated building has 136 studio and one-bedroom units. It is conveniently located next to the Green Line if you need to take public transportation into the city. Some of the unique amenities include package receipt, a fitness center, heated underground parking, and wall to wall windows.

1443 Beacon Street Apartments: With a walk score of 92 percent, nearly everything you could need in the Brookline area is accessible by foot. The building offers a sundeck and pool, 24-hour concierge service, valet dry cleaning, and much more. 1443 Beacon Street Apartments has one, two, and three-bedroom units. Availability for the three-bedroom apartments is currently limited.

If you’re considering living in Boston proper, several condo buildings are available there. Please see our Hot Boston Condos blog for more details.

Boston and Brookline Area News and Events thru September

If it comes as a shock to you that August is already here, take heart. There are still plenty of activities to participate in while it is still warm enough to leave your home without a jacket. Summer may be winding down, but events in Boston and Brookline (or some nearby cities) are not. Here is what’s on tap for late August and the whole month of September:

Find Your Park

July 22 to August 30

Brookline Public Library, First Floor, 361 Washington Street

To honor the 100th anniversary of the National Park Service this month, staff from the John Fitzgerald Kennedy and Frederick Law Olmstead historical sites are jointly hosting a public event. Some of the exhibits show the strong connection each site has with the federal national park system. A book truck will also be available with literature on each of the historic sites.

Restaurant Month in Brookline

The Fireplace Restaurant, 1634 Beacon Street, Brookline

While many nearby restaurants are celebrating Restaurant Week in mid-August, The Fireplace Restaurant is participating for the whole month. During August, diners can enjoy a three-course meal at $20 for lunch and $38 for dinner. This offer is available seven days a week.

Indignation

Opens Friday, August 5

Coolidge Corner Theater, 290 Harvard Street in Brookline

Based on a novel of the same name, the play Indignation is set in 1951 around the time of the Korean War. Marcus, a brilliant young Jewish man from a working-class family in Newark, heads to a conservative Christian college in Ohio to avoid being drafted. Once he gets there, love complicates everything. Tickets are just $11.25 for adults and $9.25 for seniors and children.

Arts on the Arcade

Fridays, August 5, 12, 19 & 26

Samuel Adams Park, 30 Germaina Street Jamaica Plain in Boston

Every Friday through the end of the month, Brookline residents can trek to nearby Jamaica Plain to leisurely look at works of art while enjoying live music from area bands.

Mamadou Diop Concert

Saturday, August 20, 3:30 p.m. to 5:30 p.m.

City Hall Plaza, Boston, 1 City Hall Square

If you enjoy Mamadou’s popular songs I Am Me, Senegal, IBOU, or Sweet Susan, you won’t want to miss this event. He is well-known for West African music and his master rhythm guitar playing.

Dedham Square Coffeehouse Open Mic

Thursday, September 1, 7:00 p.m. to 9:00 p.m.

565 High Street, Dedham

Have people always told you that you’re funny? Now is your chance to prove it. Dedham Square Coffeehouse, located about 8 miles from Brookline, is hosting an open mic night. Get your best comedy routine ready and give it a shot.

Central Square Art Share

Wednesday, September 14, 10:00 p.m. to Midnight

The Middle East, 472 Massachusetts Avenue, Cambridge

This free event is open to anyone age 21 and up. You can enjoy live DJs, drinks, dancing, and viewing the work of many local artists. Contact abby@mideastclub.com if you are interested in setting up an artist’s booth at this event.

Copenhagen Beer Celebration

Friday, September 23 and Saturday, September 24, Noon to 11:00 p.m.

City Hall Plaza, Boston, 1 City Hall Square

Beer enthusiasts will love this one. Dozens of the top names in the brewing industry will have their beers represented at this festival. You will appreciate the food and music as well.

Our Five Favorite Restaurants in Brookline

When you want to go out for a delicious meal and leave the cooking and clean-up to someone else, choosing a restaurant is often the hardest part. These five restaurants in the Brookline area have something for every palate, from American staples like pizza to Japanese food and everything in between.

Cutty’s
284 Washington St. 
617-505-1844
Monday to Saturday, 8:00 a.m. to 3:00 p.m.
Cutty’s is a small, 18-seat sandwich shop serving breakfast and lunch. The all-natural meats are slowly roasted on-site and the owners use New England produce for the veggies. Breakfast sandwiches include eggs with a variety of sauces and meats. Lunch offers everything from roast beef and ham to eggplant.

Osaka Japanese Sushi & Steakhouse
14 Green St.
617-732-0088
Sunday to Saturday, 4:30 p.m. to 11:00 p.m.
When you’re in the mood for some authentic Japanese food, head to Osaka. The restaurant offers appetizers, soup, salad, sushi a la carte, and main meals of steak, shrimp, lobster, and other meats mixed with rice, spices, and vegetables. Delivery and pick-up are also available.

Pizzeria Dante
415 Harvard St.
617-232-5353
Monday to Saturday, 11:30 a.m. to 10:00 p.m.; Sunday 12:00 p.m. to 9:00 p.m.
Pick-up and delivery available
This popular restaurant offers gourmet pizza, sub sandwiches, salads, appetizers, calzones, and entrees like steak and chicken. If that isn’t enough, there’s always a caramel cheesecake brownie for desert. The pizzas are like nothing you have ever tasted and unique to the East Coast.

The Publick House
1648 Beacon St. in Washington Square
617-277-2880
Monday to Friday, 5:00 p.m. to 2:00 a.m.; Saturday & Sunday, 12:00 p.m. to 2:00 a.m.
This Belgian American restaurant and beer bar has the largest selection of imported beers in the region. The menu allows you to order according to your current appetite, from light fare and salads to sandwiches and full dinners. 

Washington Square Tavern
714 Washington St.
617-232-8989
Dinner: Sunday to Thursday, 5:00 p.m. to 10:00 p.m.; Sunday brunch: 10:00 a.m. to 2:30 p.m., September to May; Bar: 5:00 p.m. to 2:00 a.m. with late night menu until 1:30 a.m.
As a benchmark restaurant in Brookline, Washington Square Tavern offers locally sourced homemade food and fine wine in a relaxed, casual environment. Starters, entrees, and appetizers are available offering everything from fried clams to seared duck.

Comments

  1. No comments. Be the first to comment.