Shane Carthy's Finance Boston Facilitates $3.25M Refinance In Brighton, MA
FINANCED
$3,250,000
Massachusetts
See Similar DealsMixed-use20,000 SF
Financed 03/31/2022
FINANCED
Shane Carthy's Finance Boston Facilitates $3.25M Refinance In Brighton, MA
571-575 Washington St, Brighton, MA 02135
See Similar DealsMixed-use20,000 SF
Financed 03/31/2022
Summary
MASSACHUSETTS
Asset Type:Mixed-use
Price Per Square Foot:$162
Total Square Footage:20,000 SF
Transaction Type:Loan
A mixed-use property located at 571-575 Washington St in Brighton, MA has recently undergone a loan refinance. The property spans approximately 20,000 square feet in size and is situated in the market of Brighton, MA.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $3,250,000
- Loan Type: Refinance
- Loan Terms: 3%
- Broker: Shane Carthy (Shane.Carthy_Fb) - Finance Boston
Shane Carthy from Finance Boston served as the broker for this transaction, representing the parties involved in the loan refinance deal. The loan amount secured for this mixed-use property was $3,250,000, with favorable terms of 3%.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,250,000.00
Monthly NOI$21,666.67
Monthly Debt Service$20,542.21
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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