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Massachusetts

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Single Family Residence

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5 Cottage Street

Christopher J. Roche Of Crowd Lending Inc. Provides $1.26M Loan For Acquisition In Nahant
FINANCEDSingle Family Residence

Christopher J. Roche Of Crowd Lending Inc. Provides $1.26M Loan For Acquisition In Nahant

5 Cottage Street

$1,263,500

$629/SF

Building Size

2,008 SF

Asset Type

Single Family Residence

Closing

May 22, 2025

AI

The property asset involved in the transaction is a single-family residence located at 5 Cottage Street, Nahant, MA, with a total square footage of 2,008. The loan amount for this property acquisition is $1,263,500, and it falls under one-year loan terms.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $1,263,500
  • Loan Type: Acquisition
  • Loan Terms: One Year
  • Lender: Christopher J. Roche - Crowd Lending Inc.

The deal features Christopher J. Roche as the representative from Crowd Lending Inc., a Boston-based private mortgage lender that specializes in funding the acquisition and renovation of investment properties. Crowd Lending Inc. is known for providing ease, speed, and simplicity in closing transactions, typically within 3-5 days.

Players

Christopher J. Roche

Lender

$40.9M

vol

13 deals

Lender
Crowd Lending
Crowd LendingLender

Nahant Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.55%

Cash-on-Cash

-3.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93