RARE Capital Provides $19.5M Construction Loan For SFR In Boston, MA
100 Lincoln Street, Boston, Massachusetts 02135, United States
$19,525,000
$464/SF
Building Size
42,000 SF
Asset Type
Single Family Residence
Closing
Dec 8, 2021
AI
A Single Family Residential property located at 100 Lincoln St in Boston, MA has recently undergone a closed transaction. The property has a total square footage of approximately 42,000 square feet.
Summary of transaction details:
- Property Type: Single Family Residential (SFR)
- Transaction Date: 12/08/2021
- Market: Boston, MA
- Loan Type: Construction
- Loan Amount: $19,525,000.00
- Loan Terms: 3 Year Term
The lender involved in this transaction is RARE Capital, with Jamie Zambrana as the loan representative. RARE Capital is a fully-integrated advisory firm specializing in tailored real estate investment sales and capital solutions for commercial real estate entrepreneurs. Their team of skilled advisors provides institutional, creative, and high-touch services that set them apart from larger brokerage firms.
Players
Boston Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93