Crowd Lending Inc Provides $329.5K Construction Loan For SFR On Marion Street, Brockton, MA
FINANCED
$329,500
Massachusetts
See Similar DealsSingle Family Residence1,551 SF
Financed 10/18/2022
FINANCED
Crowd Lending Inc Provides $329.5K Construction Loan For SFR On Marion Street, Brockton, MA
24 Marion Street, Brockton, Massachusetts 02302, United States
See Similar DealsSingle Family Residence1,551 SF
Financed 10/18/2022
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$212
Total Square Footage:1,551 SF
Transaction Type:Loan
The property involved in this closed transaction is a single-family home located at 24 Marion Street in Brockton, MA. The property has a total area of 1,551 square feet. The transaction took place on October 18, 2022.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $329,500
- Market: Brockton, MA
- Lender: Crowd Lending Inc
- Broker: Robert Nichols - MIG
- Loan Amount: $329,500
- Loan Type: Construction
Robert Nichols of MIG represented the buyer in this transaction. Crowd Lending Inc served as the lender for the construction loan.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$329,500.00
Monthly NOI$2,196.67
Monthly Debt Service$2,082.66
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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