Updated Mar 11, 2025
RD Advisors Provides $570K Construction Loan For SFR In Revere, MA
50 Alden Ave, Revere, Massachusetts, USA
$570,000
$232/SF
Building Size
2,450 SF
Asset Type
Single Family Residence
Closing
Sep 8, 2021
About this deal
AI
Located at 50 Alden Ave in Revere, MA, this single-family residence spans 2,450 square feet. The property was recently involved in a closed transaction, details of which are as follows:
Summary of transaction details
- Property Type: SFR
- Transaction Date: 09/08/2021
- Market: Revere, MA
- Lender: RD Advisors - Sean Kelly-Rand
- Loan Amount: $570,000
- Loan Type: Construction
Represented by Sean Kelly-Rand from RD Advisors, the loan provided for this transaction amounted to $570,000 and had a construction loan type. RD Advisors specializes in accepting loan requests for non-owner-occupied residential and commercial properties in Massachusetts. To submit a deal, visit their Instagram page where the process takes under 5 minutes.
Players
Revere 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
27.83%
Cash-on-Cash
-7.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93