Updated Mar 11, 2025
RD Advisors Grants $1.47M Acquisition Loan For Chestnut Hill Multifamily
755 Boylston Street
$1,470,000
$312/SF
Building Size
4,698 SF
Asset Type
MultiFamily
Closing
Mar 13, 2023
About this deal
AI
The multifamily property located at 755 Boylston Street in Chestnut Hill, MA has been involved in a recent transaction. The property has a total square footage of 4,698 and consists of 3 units. The transaction involved a loan for the acquisition of the property.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,470,000
- Address: 755 Boylston Street, Chestnut Hill, MA
- Market: Chestnut Hill, MA
- Loan Type: Acquisition
Sean Kelly-Rand from RD Advisors served as the lender for this transaction. RD Advisors specializes in providing loans for non-owner occupied residential and commercial properties in Massachusetts. For those interested in applying for a loan, they can do so by submitting a deal through RD Advisors' website: 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
10.79%
Cash-on-Cash
-3.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93