Northmarq Arranges $7M Multifamily Refinance Loan For 76 Stonley Rd, Jamaica Plain
76 Stonley Road, Boston, Massachusetts 02130, United States
$7,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Feb 10, 2022
AI
A $7,000,000 loan was recently secured to refinance a multifamily property located at 76 Stonley Rd in Jamaica Plain, MA. The loan transaction was facilitated by Jeff Munoz from Northmarq.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,000,000
- Loan Type: Refinance
- Broker: Jeff Munoz - Northmarq
- Market: Jamaica Plain, MA
Jeff Munoz from Northmarq played a crucial role in arranging the loan refinance for the property at 76 Stonley Rd in Jamaica Plain, MA.
Players
Boston MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93