Updated Mar 11, 2025
Sean Kelly-Rand Provides $1.57M Acquisition Loan For Multifamily Property In Boston
129 North Washington Street
$1,570,000
$448/SF
Building Size
3,500 SF
Asset Type
MultiFamily
Closing
Mar 6, 2023
About this deal
AI
Located at 129 North Washington Street in Boston, MA, this multifamily property spans across 3,500 square feet. The property was recently involved in a transaction.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $1,570,000
- Lender: Sean Kelly-Rand - RD Advisors
- Landlord: Tyler Winder
The lender for this transaction was Sean Kelly-Rand from RD Advisors. The loan amount for this acquisition was $1,570,000. As the landlord, Tyler Winder was involved in the deal.
RD Advisors is currently accepting loan requests for non-owner-occupied residential and commercial properties in Massachusetts. They invite interested parties to submit a deal through their website at www.rd.loans.
Players
Market 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
10.10%
Cash-on-Cash
-2.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93