Updated Mar 11, 2025
Sean Kelly-Rand Of RD Advisors Provides $1.72M Rehab Loan For SFR In Dedham, MA
392 Mount Vernon Street
$1,720,000
$1,002/SF
Building Size
1,716 SF
Asset Type
Single Family Residence
Closing
Jan 31, 2023
About this deal
AI
The property asset involved in this closed transaction is a single-family home located at 392 Mount Vernon Street in Dedham, MA. The property has a total square footage of 1,716. The loan for this transaction was provided by Sean Kelly-Rand of RD Advisors and the loan amount was $1,720,000. The loan type for this transaction was a rehab loan.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $1,720,000
- Address: 392 Mount Vernon Street, Dedham, MA
- Market: Dedham, MA
Sean Kelly-Rand from RD Advisors served as the lender for this transaction, providing the necessary financing for the deal. This loan will be used for the rehabilitation of the property, ensuring its improvement and potential for future value appreciation.
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
9.22%
Cash-on-Cash
-2.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93