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

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FINANCED
$1,263,500

Massachusetts

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Single Family Residence2,008 SF
Financed 05/23/2025
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FINANCED

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

5 Cottage Street

See Similar Deals
Single Family Residence2,008 SF
Financed 05/23/2025
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Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$629
Total Square Footage:2,008 SF
Transaction Type:Loan

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

11 deals$33.5M volume
LENDER

LENDER

Details

FINANCED
IMAGE: Christopher J. Roche DATE: 5/23/2025 ADDRESS: 5 Cottage Street MARKET: Nahant, MA ASSET TYPE: SFR ~ SF: 2,008 LENDER: Christopher J. Roche (@HardMoneyGreaterBoston) - Crowd Lending Inc. LOAN AMOUNT: $1,263,500 LOAN TYPE: Acquisition LOAN TERMS: One Year NOTE FROM LENDER: Crowd Lending Inc. is a Boston based private mortgage lender actively funding the acquisition and renovation of investment properties. We provide ease, speed, and simplicity, closing transactions within 3-5 days.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,263,500.00

Monthly NOI$8,423.33
Monthly Debt Service$7,986.18
Change in Cash Flow$0.00
Refinance Proceeds$0.00