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41 Reed Street, Rockland, M...

Updated Mar 11, 2025

RD Advisors Provides $345,000 Construction Loan For SFR In Rockland, MA
FINANCEDSingle Family Residence

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

Sean Kelly-Rand

RD Advisors

Lender

$114.3M

vol

86 deals

Lender
RD Advisors
RD AdvisorsLender

Rockland Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

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Deal FAQ

About $215 per square foot on a published $345K for 1,603 square feet (2021).

Visit Sean Kelly-Rand to view all their deals.

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

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