Updated Mar 4, 2025
Christopher J. Roche Of Crowd Lending Provides $3.95M Refinance Loan For Weymouth Multifamily
122 Washington Street
$3,950,000
$130/SF
Building Size
30,392 SF
Asset Type
MultiFamily
Closing
Feb 3, 2025
About this deal
AI
The property asset involved in the transaction is a multifamily building located at 122 Washington Street in Weymouth, MA. The asset comprises 30,392 square feet and consists of 29 units. The loan amount secured for this property is $3,950,000 under a refinance loan type with terms set for 12 months.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,950,000
- Market: Weymouth, MA
- Asset Square Footage: 30,392
- Units: 29
- Lender: Christopher J. Roche - Crowd Lending
- Loan Type: Refinance
- Loan Terms: 12 Months
The transaction is facilitated by Christopher J. Roche, representing Crowd Lending, highlighting a focus on fast and flexible funding options available for investment properties.
Players
Weymouth MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93