March 5, 2012

How Much House Does A Million Dollars Buy You?

Filed under: Boston Luxury Condos,Boston Real Estate Market,Boston Waterfront Real Estate Market,CL Waterfront Properties NEWS,FEATURED FOR SALE,Prince,Uncategorized,Waterfront Boston — Tags: , , — wpboston @ 8:46 pm

63 Atlantic Ave. #11-E

MSN Real Estate recently posed this question, along with a slideshow of some million dollar properties nationwide – you can read the article here. Carmela Laurella was featured along with her exclusive penthouse listing in the Prince building, listed at $979,000. “(With) the combination of realistically priced homes, all-time-low interest rates and improving unemployment, consumers once again have confidence and feel that it is a good time to invest in property,” Laurella said. “Additionally, we have limited inventory on the waterfront and tremendous buyer demand.”

A million dollars buys you a lot of Prince Building condo in this case. A corner penthouse with a large private balcony facing the Harbor, this is a real value among Boston waterfront properties. Inside, cathedral ceilings and maple floors await, along with floor to ceiling windows, a large kitchen with skylight, and a master bedroom with en-suite bath and breathtaking views of the Zakim bridge and historic North End.

To find out more about this amazing penthouse or any of our other fine Boston luxury condos, contact CL waterfront today.

Carmela Laurella on Zillow

July 7, 2011

“Old Ironsides” Annual Fourth of July Turnaround

Filed under: Battery Wharf,Boston Harbor Hotel,Boston Waterfront Amenities,Burroughs Wharf,CL Waterfront Properties NEWS,Commercial Wharf East,Constellation Wharf,E. India Row,Harbor Towers,Lewis Wharf,Lincoln Wharf,Mariner,Marriott Long Wharf,North End Amenities,Prince,Rowes Wharf,The Intercontinental,Union Wharf,Waterfront Boston — Tags: , , , , , , , — wpboston @ 4:42 pm

In part of a 4th of July tradition, the U.S.S. Constitution raised its colors, hoisted its sails and left port from the Charlestown Navy Yard for its annual turnaround.  ”Old Ironsides” is the oldest vessel still commissioned in the United States Naval fleet.

In the Boston Harbor last Monday, the warship sailed along the Boston Waterfront until it reached Castle Island where its crew conducted a 21-gun salute from its battery of canons before turning around and returning to its home for another year.  Here’s a video of this year’s event.  Doesn’t get any more patriotic than this… Happy Birthday, America.

USS Constitution sets sail along the Boston Waterfront during the Fourth of July Celebrations

 

 

Carmela Laurella on Zillow

May 31, 2011

Boston Waterfront Sales Report for May

Filed under: Battery Wharf,Boston Real Estate Market,Boston Waterfront Luxury Buildings,Burroughs Wharf,Carmela Laurella,CL Waterfront Properties NEWS,Commercial Wharf East,Constellation Wharf,E. India Row,Featured Sold Properties,Harbor Towers,Luxury Real Estate,Prince,The Intercontinental,Union Wharf,Waterfront Boston — Tags: , , , — wpboston @ 4:45 pm

 

Real estate sales on the Boston Waterfront and in the North End were hot, hot, hot, throughout the month of May.  Luxury homes and condos are becoming more desirable than ever. Now that summer is in full swing with plenty of barbecues, beach days and Red Sox games ahead, there’s no better time than to find that perfect dream home in Boston.  Here are the latest success stories sold along the Boston Waterfront and North End.

50 Battery St. #PH5
A Glamorous waterfront penthouse in the Burroughs Wharf with 3 bedrooms and 3.5 bathroom at 2,322 sq/ft, was sold by Carmela Laurella, CL Waterfront Properties’ President, at a whopping $2,595,000.

3 Battery Wharf #3506
A spacious south facing duplex home located at the Battery Wharf with 2 bedrooms and 2.5 bath at 1,916 sq/ft, was sold by Carmela Laurella, CL Waterfront Properties’ President, at a generous price tag of $1,662,500.

2 Battery Wharf #2308
Another spacious luxury home located at the Battery Wharf with a huge open floor plan, 2 bedrooms and 2.5 bath at 2,162 sq/ft, was sold by Carmela Laurella, CL Waterfront Properties’ President, at $1,575,000.

85 E. India Row #12H
Also sold along the waterfront by CL Waterfront Properties’ President, Carmela Laurella, is a lovely 1 bedroom, 1 bathroom luxury condo with 876 sq/ft of space at an easy $410,000.

Other luxury homes sold in the last month along the Boston Waterfront are 90 Salem St. #9 luxury condo with 1 bedroom, 1 bath at 635 sq/ft for $318,000.

The luxury studio located in the Intercontinental Wharf at 500 Atlantic #14T with 1 bath at 426 sq/ft for $312,500.

Located in the Commercial Wharf at 328 Commercial St. #3 sold a beautiful 1 bedroom, 1 bath home at 631 sq/ft for $372,500.

At 136 Prince St. #6 a lovely 2 bedroom, 1 bath home at 630 sq/ft went off the market for $370,650.

Located in the Harbor Towers at 65 E. India Row #14D was a gorgeous 1 bed, 1 bath condo at 747 sq/ft for $425,000.

Also not to far from the last home is 85 E. India Row #29H, a 1 bedroom, 1 bath, 881 sq/ft condo sold for $505,000.

19 Cooper St. #4.  A wonderful 816 sq/ft home with 2 bedroom, 1 bath at $522,000.

And last, but not least, located on the Union Wharf at 343 Commercial St. #101, is the 2,552 sq/ft residential/commercial space at $706,000.

 

Carmela Laurella on Zillow

November 15, 2010

When is the Right Time to Invest?

Filed under: Advice for Home Buyers,Battery Wharf,Boston Luxury Condos,Boston Luxury Real Estate Market,Boston Real Estate Market,Boston Waterfront Condos,Boston Waterfront Luxury Buildings,Boston Waterfront Real Estate Market,Burroughs Wharf,Carmela Laurella,Commercial Wharf East,Harbor Towers,Lewis Wharf,Lincoln Wharf,Luxury Real Estate,Mariner,North End Waterfront Condos,Prince,Rowes Wharf,The Intercontinental,Union Wharf,Waterfront Boston — Tags: , , , , , , , , , , , , , , , , , , , , , , , , — admin @ 11:47 am

Posted By:  Carmela Laurella

Real estate tends to run inverse to both interest rates and availability of credit.

With today’s mortgage rates at historic lows and following a correction of historical magnitude, at this point in time, I would suggest that real estate represents a fair value.

Time & Money Balance

I would further suggest that with both mortgage rates and prices down, that investing in a new home is as affordable as it’s ever been in the U.S.

One final thought would be that the primary footpath of Boston’s Waterfront is basically built.  They won’t be making any more and there is scarcity value in that alone…

CL Waterfront Properties has the market expertise to help you find the perfect new luxury home in Boston; whether you want to live in one of the full service Boston Waterfront buildings, or a luxury home in Back Bay or Bay Village, we can help find a home to fit your lifestyle.

Carmela Laurella on Zillow