The Beacon

1114 Beacon Street
Newton, MA 02461
United States

Price:
$257—462k
Bedrooms:
1—3
Accessible:
No
Main Listing Image

 

Property Overview

Property Facts:

Property Type:
Condominium Building
Condo Fees
111-201
Year Built:
2025

The Beacon is a 34-unit, four-story condominium complex. 6 of the units are designated as income-restricted, and will be sold to households earning at or below 80% AMI or 110% AMI (Area Median Income) for the Boston-Cambridge-Quincy MSA (“BCQ”).

 

Property Details

Amenities:

  • Elevator
  • Included Garage Parking
  • Fitness Center
  • Package & Mail Room
  • Bike Storage
  • Common Lobby
  • Common Rooftop Terrace
  • Common Outdoor Patio

Unit Details

Basement:
No
Appliances:
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Stove/Oven
Washer/Dryer
Listing Garage Parking
Garage Parking:
Yes, there is 1 space available.
Off Street Parking:
There is no off street parking.
Heating type:
Gas
Air Conditioning:
Yes
Pets allowed:
Yes
Pet Restrictions:
Pets are allowed. Breed restrictions apply. Service animals are permitted for no additional fees with proper documentation.
 

Eligibility Information

Income limits:
80% AMI & 110% AMI
Asset limits:
$75,000 (80% AMI); $150,000 (110% AMI)
Must be first time homebuyer:
Yes
Age Restrictions:
No restriction
 
 

Application Information

Application Type:
Lottery
Application Deadline:
April 20, 2025
 
Application Process:

When is the lottery? The lottery date will not be scheduled until after the application deadline. The lottery is scheduled and the lottery date is typically held 4-5 weeks after the application deadline. All applicants will receive notification of the date, time, and location of the lottery, as well as their application number. The lottery will be open to the public.

Do I have to attend the lottery? No. All applicants will be notified of their lottery number after the lottery.

When will I be contacted? We will begin contacting only the top applicants following the lottery drawing.

What is my Application Number and Lottery Number? We will mail a letter to all Applicants entered in the Lottery Drawing providing their unique application Number. We will mail out a second notification letter after the lottery has taken place. The lottery number is assigned by the person who conducts the Lottery Drawing. Per the Fair Housing Commission guidelines, applications will be sorted by bedroom size and income level, then for preferences, followed by the lottery number. An Applicant’s “rank position” is determined by a combination of all the sorting factor.

Application link https://maloneyproperties.jotform.com/243396514433963
Brochure Website: https://www.maloneyaffordable.com/condominiums/the-beacon/
Monitoring/Lottery Agent or Property Manager
Maloney Properties
Contact
Maloney Properties
Phone
+1 617-531-7123
TTY
(617) 531-7123 Ext 781 – US Relay 711