Updated Mar 11, 2025
RD Advisors Provides $3.9M Construction Loan For Multifamily Property In Brookline, MA
84 Winthrop Road
$3,875,000
$701/SF
Building Size
5,527 SF
Asset Type
MultiFamily
Closing
Sep 7, 2023
About this deal
AI
Located at 84 Winthrop Road in Brookline, MA, this multifamily property spans across 5,527 square feet. The property is currently undergoing construction and has secured a loan from RD Advisors, with a loan amount of $3,875,000. The loan is specifically for the construction of the property.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,875,000
- Lender: RD Advisors - Sean Kelly-Rand
- Loan Type: Construction
RD Advisors, represented by Sean Kelly-Rand, is accepting loan requests for non-owner-occupied residential and commercial properties in Massachusetts. They provide financing options for properties like the one at 84 Winthrop Road. More information can be found on their website at www.rd.loans.
Players
Brookline 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
4.09%
Cash-on-Cash
-1.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93