Updated Mar 11, 2025
RD Advisors Provides $345,000 Construction Loan For SFR In Rockland, MA
41 Reed Street, Rockland, Massachusetts, USA
$345,000
$215/SF
Building Size
1,603 SF
Asset Type
Single Family Residence
Closing
Oct 28, 2021
About this deal
AI
The property involved in this transaction is a single-family home located at 141 Reed Street in Rockland, MA. The property has a square footage of 1,603.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $345,000
- Market: Rockland, MA
- Lender: RD Advisors - Sean Kelly-Rand
- Loan Type: Construction
RD Advisors, represented by Sean Kelly-Rand, provided a construction loan in the amount of $345,000 for the property at 141 Reed Street.
The single family residence loan at 41 Reed Street, Rockland, Massachusetts, USA in Rockland, Massachusetts financed for $345K in 2021. The building is 1,603 square feet, implying about 215 per square foot on the published price. Named participants on the 41 Reed Street, Rockland, Massachusetts, USA loan are Sean Kelly-Rand. This page is the Rockland, Massachusetts file for the 41 Reed Street, Rockland, Massachusetts, USA single family residence financed: pricing, party profiles, and other closed single family residence comps from the same Rockland sit in the Market section below. Filter that Rockland single family residence set by closing date to see what else financed near 41 Reed Street, Rockland, Massachusetts, USA around 2021. Published consideration for 41 Reed Street, Rockland, Massachusetts, USA is $345K, dated 2021. Cite this RD Advisors Provides $345,000 Construction Loan For SFR In Rockland, MA loan when underwriting similar single family residence product around Rockland, Massachusetts.
Players
Rockland Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Loan transactions
Loading comparables…
Deal FAQ
Visit Sean Kelly-Rand to view all their deals.
Browse Massachusetts single family residence loans on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
45.98%
Cash-on-Cash
-13.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93