Updated Mar 11, 2025
RD Advisors Provides $475K Acquisition Loan For Multifamily Property In Marlborough, MA
57 West Main Street
$475,000
$201/SF
Building Size
2,358 SF
Asset Type
MultiFamily
Closing
Sep 14, 2022
About this deal
AI
The multifamily property located at 57 W Main St in Marlborough, MA has recently undergone a closed transaction. This property spans approximately 2,358 square feet and consists of 2 units, making it an attractive investment option in the market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $475,000
- Address: 57 W Main St, Marlborough, MA
- Market: Marlborough, MA
- Square Footage: 2,358
- Number of Units: 2
RD Advisors, represented by Sean Kelly-Rand, acted as the lender in this transaction. RD Advisors offers loan services for non-owner occupied residential and commercial properties in Massachusetts. As part of their services, they accept loan requests and provide a convenient submission process through their website at www.rd.loans.
Players
Marlborough 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
33.40%
Cash-on-Cash
-9.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93