Updated Oct 28, 2024
RD Advisors Provides $470K Acquisition Loan For SFR At 216 Grove Street In Randolph, MA
216 Grove Street
Building Size
—
Asset Type
—
Closing
Sep 15, 2022
About this deal
AI
The property involved in this transaction is a single-family residence located at 216 Grove Street, Randolph, MA. The transaction took place on 07/07/2022 and the asset type is a SFR. The lender for this transaction is RD Advisors, represented by Sean Kelly-Rand. The loan amount for the acquisition is $470,000.
Summary of transation details
- Property Type: SFR
- Transaction Amount: $470,000
- Lender: RD Advisors
- Representative: Sean Kelly-Rand
RD Advisors, a lending company, facilitated the loan for the acquisition of the property located at 216 Grove Street in Randolph, MA. Sean Kelly-Rand, representing RD Advisors, was involved in the transaction as the lender's representative.
On the Map
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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