Eli Rofeim & Sean Kelly-Rand Secure $3.32M Loan For Package Deal In Newton & Dedham MA
99 Crescent Street & 63 Pine Street
$3,320,000
$1,622/SF
Building Size
1,023 SF
Asset Type
Package Deal
Closing
Dec 11, 2024
AI
A package deal involving properties located at 99 Crescent Street and 63 Pine Street in Newton & Dedham, MA includes a total square footage of 1,023. The loan amount secured for this transaction is $3,320,000, and it falls under a portfolio loan type.
Summary of transaction details:
- Property Type: Loan
- Transaction Amount: $3,320,000
- Addresses: 99 Crescent Street & 63 Pine Street
- Market: Newton & Dedham, MA
- Asset Type: Package Deal
- Square Footage: 1,023
- Lender: Eli Rofeim & Sean Kelly-Rand - RD Advisors
The lending team, RD Advisors, is accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts, promoting efficient submissions through their website.
Players
Auburndale Package Deal Market Snapshot
Boundary boundary · Package Deal · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.78%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93