Updated Oct 28, 2024
Boston Realty Funding LLC Provides $1.1M Construction Loan For Single Family Home In Burlington, MA
41 Peach Orchard Road, Burlington, MA 01803
$1,114,188
$44/SF
Building Size
25,200 SF
Asset Type
Single Family Residence
Closing
Sep 13, 2021
About this deal
AI
The single-family property located at 41 Peach Orchard Rd in Burlington, MA, was involved in a closed transaction. The property spans approximately 25,200 square feet and was valued at an undisclosed amount. The transaction took place on September 13, 2021.
Summary of transation details
- Property Type: Single Family
- Transaction Amount: Undisclosed
- Market: Burlington, MA
- Lender: Boston Realty Funding LLC
- Brokers: Robert Nichols - Boston Trust Realty Group
- Loan Amount: $1,114,188
- Loan Type: Construction
Robert Nichols, from the Boston Trust Realty Group, represented the buyer in the deal. Boston Realty Funding LLC was the lender. The transaction involved a construction loan, providing financial support for the property.
Players
Burlington 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
14.24%
Cash-on-Cash
-4.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93