Eli Rofeim & Sean Kelly-Rand Secure $3.32M Loan For Package Deal In Newton & Dedham MA
FINANCED
$3,320,000
Massachusetts
See Similar DealsPackage Deal2,046 SF
Financed 12/11/2024
FINANCED
Eli Rofeim & Sean Kelly-Rand Secure $3.32M Loan For Package Deal In Newton & Dedham MA
99 Crescent Street & 63 Pine Street
See Similar DealsPackage Deal2,046 SF
Financed 12/11/2024
Summary
MASSACHUSETTS
Asset Type:Package Deal
Price Per Square Foot:$1,622
Total Square Footage:2,046 SF
Transaction Type:Loan
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
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,320,000.00
Monthly NOI$22,133.33
Monthly Debt Service$20,984.66
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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