501 Hudson Ave #304
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
30% of that payment is not the mortgage. The HOA fee alone is $39,300 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,745.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($27,900). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
2 recorded pointsReconstructed from 2 units of recorded sales at 501 Hudson Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- 22% below model fair value
- Upper floor (fl 3)
- In-unit W/D
- Garage parking
⚠️ Cons
- HOA $655/mo
- Only 1 bath
🚩 Red flags
Photos
Price history (this unit)
- Sep 11, 2026 — Listed $558,000
- Sep 10, 2026 — Listed $558,000
Description
Why rent when you can own for less? Don't miss this rare opportunity to own a boutique [Top-Floor] [Corner] residence at SF Shipyard with [Water Views]. This light-filled home features [windows on three sides], creating a bright, airy ambiance throughout the day. The open-concept living and dining areas flow seamlessly into a modern chef's kitchen with premium Bosch appliances, sleek Barbosa cabinetry, and Caesarstone® quartz countertops. Designed for comfortable everyday living, the home offers abundant storage, including a [floor-to-ceiling bedroom closet] and an additional hallway closet. Additional highlights include [deeded garage parking], secure bike storage, a common patio garden…