Updated Mar 11, 2025
RD Advisors Provides $360K Acquisition Loan For SFR In Quincy, MA
6 Priscilla Lane, Quincy, Massachusetts 02169, United States
$360,000
$242/SF
Building Size
1,486 SF
Asset Type
Single Family Residence
Closing
Jan 27, 2022
About this deal
AI
Located at 6 Priscilla Ln in Quincy, MA, this single-family residential property boasts a spacious living area of 1,486 square feet. The property was recently involved in a closed transaction, with the loan provided by RD Advisors.
Summary of transaction details:
- Property Type: Single Family Residential
- Transaction Amount: $360,000
- Market: Quincy, MA
Sean Kelly-Rand from RD Advisors acted as the lender in this acquisition loan. RD Advisors specializes in providing loans for non-owner occupied residential and commercial properties in Massachusetts. They offer a seamless online submission process, allowing deals to be submitted within 5 minutes through their website at www.rd.loans.
Players
Quincy 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
44.06%
Cash-on-Cash
-12.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93