Updated Mar 11, 2025
RD Advisors Provides Loan For Multifamily Property In Newton, MA
26 John Street, Newton, Massachusetts 02459, United States
$1,410,000
Building Size
—
Asset Type
MultiFamily
Closing
Aug 8, 2022
About this deal
AI
A multifamily property located at 26 John Street in Newton, MA recently underwent a closed transaction. The property is situated in the market of Newton, MA, offering a promising investment opportunity.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Date: 08/09/2022
- Address: 26 John Street, Newton, MA
- Lender: RD Advisors
- Loan Representative: Sean Kelly-Rand
RD Advisors, represented by Sean Kelly-Rand, facilitated the loan for this non-owner occupied multifamily property. RD Advisors specializes in providing loans for residential and commercial properties in Massachusetts. They are currently accepting loan requests for similar properties and offer a quick and easy submission process through their website (www.rd.loans).
Players
Newton 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
11.25%
Cash-on-Cash
-3.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93