Updated May 12, 2025
RD Advisors Provides Rehabilitation Loan For Multi Family Property In Boston
725 Morton Street, Boston, Massachusetts 02126, United States
$780,000
$184/SF
Building Size
4,237 SF
Asset Type
MultiFamily
Closing
Dec 9, 2021
About this deal
AI
The property asset involved in this transaction is a multifamily asset located at 725 Morton Street, Boston, MA, with a total square footage of 4,237. The rehabilitation loan issued amounts to $780,000, tailored for enhancing the property.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $780,000
- Address: 725 Morton Street
- Market: Boston, MA
- Lender: RD Advisors - Sean Kelly-Rand
- Loan Type: Rehabilitation
Sean Kelly-Rand serves as the representative for RD Advisors in this loan transaction. The lender is currently accepting loan requests for non-owner occupied residential and commercial properties situated in Massachusetts, facilitating a quick submission process through their website.
Players
Boston 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
20.34%
Cash-on-Cash
-5.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93