Updated Mar 11, 2025
Sean Kelly-Rand Provides $1.61M Rehabilitation Loan For Dover SFR
2 High Rock Road
$1,610,000
$405/SF
Building Size
3,970 SF
Asset Type
Single Family Residence
Closing
Mar 17, 2023
About this deal
AI
A loan transaction has taken place for a single-family residence located at 2 High Rock Road in Dover, MA. The property spans across 3,970 square feet, and the transaction was completed on 03/17/2023.
Summary of transaction details:
- Property Type: Single-Family Residence
- Transaction Amount: $1,610,000
- Market: Dover, MA
The lender for this loan is Sean Kelly-Rand, representing RD Advisors. The loan amount provided for this transaction is $1,610,000, and it falls under the category of rehabilitation loans. The landlord of the property is Quitiana Goff.
RD Advisors, under the guidance of Sean Kelly-Rand, is currently accepting loan requests for non-owner-occupied residential and commercial properties in Massachusetts. Interested parties can submit their deals through the RD Advisors website at www.rd.loans.
Players
Market 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
9.85%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93