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38 Railroad Street

Benjamin Marshall Secures $1.5M Refinance Loan For Multifamily Property From RD Advisors
FINANCEDMultiFamily

Benjamin Marshall Secures $1.5M Refinance Loan For Multifamily Property From RD Advisors

38 Railroad Street

$1,500,000

$143/SF

Building Size

10,428 SF

Asset Type

MultiFamily

Closing

Aug 18, 2025

AI

The property involved in this transaction is located at 38 Railroad Street in Haverhill, MA. It is a multifamily asset with a total square footage of 10,428. The loan amount for this refinancing transaction is set at $1,500,000.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,500,000
  • Lender: Alex Sigman & Sean Kelly-Rand - RD Advisors
  • Landlord: Benjamin Marshall
  • Loan Type: Refinance

The key individuals in this deal include lenders Alex Sigman and Sean Kelly-Rand, who represent RD Advisors, and landlord Benjamin Marshall. RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts.

Players

Sean Kelly-Rand

RD Advisors

Lender

$114.3M

vol

86 deals

Lender
RA
RD AdvisorsLender

Haverhill 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

10.58%

Cash-on-Cash

-3.02%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93