Alex Sigman & Sean Kelly-Rand Of RD Advisors Provide $1.4M Loan For Falmouth Condo
FINANCED
$1,400,000
Massachusetts
See Similar DealsCondo1,760 SF
Financed 11/19/2024
FINANCED
Alex Sigman & Sean Kelly-Rand Of RD Advisors Provide $1.4M Loan For Falmouth Condo
286 Grand Avenue
See Similar DealsCondo1,760 SF
Financed 11/19/2024
Summary
MASSACHUSETTS
Asset Type:Condo
Price Per Square Foot:$795
Total Square Footage:1,760 SF
Transaction Type:Loan
The property asset involved in the transaction is a condominium located at 286 Grand Avenue, Falmouth, MA. The condo has a total square footage of 1,760 and is associated with a purchase loan amounting to $1,400,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,400,000
- Address: 286 Grand Avenue
- Market: Falmouth, MA
- Lender: Alex Sigman & Sean Kelly-Rand - RD Advisors
- Loan Type: Purchase
The deal is represented by Alex Sigman and Sean Kelly-Rand from RD Advisors, who are currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. Their lending process allows potential borrowers to submit a deal in under five minutes through their website.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$1,400,000.00
Monthly NOI$9,333.33
Monthly Debt Service$8,848.95
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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