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50 Alfred St

Updated Oct 28, 2024

RD Advisors Provides $515K Rehabilitation Loan For SFR In Woburn, MA
SOLD

RD Advisors Provides $515K Rehabilitation Loan For SFR In Woburn, MA

50 Alfred St

Building Size

Asset Type

Closing

Sep 15, 2022

About this deal

AI

A single-family home located at 50 Alfred St in Woburn, MA recently underwent a rehabilitation project with the help of a loan from RD Advisors. The loan amount of $515,000 was provided by RD Advisors, a reputable lender specializing in non-owner occupied residential and commercial property financing in Massachusetts.

Summary of transaction details:

  • Property Type: Single-Family Home
  • Transaction Amount: $515,000
  • Address: 50 Alfred St, Woburn, MA
  • Market: Woburn, MA
  • Lender: RD Advisors
  • Lender's Representative: Sean Kelly-Rand
  • Loan Type: Rehabilitation

RD Advisors, represented by Sean Kelly-Rand, is actively accepting loan requests for both non-owner occupied residential and commercial properties in Massachusetts. With a simple and quick submission process on their website, borrowers can reach out to RD Advisors for their financing needs.

Players

Sean Kelly-Rand

RD Advisors

Lender

$114.3M

vol

86 deals

Lender

Somerset West and Taunton CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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