Updated Dec 21, 2023
FinanceBoston Secures $3M Construction Loan For SFR In Concord, MA
67 Nut Meadow Crossing, Concord, Massachusetts 01742, United States
$3,000,000
Building Size
—
Asset Type
Single Family Residence
Closing
Sep 18, 2022
About this deal
AI
An SFR located at 67 Nut Meadow Crossing in Concord, MA has been involved in a recent transaction. The deal was facilitated by brokers Fergal Woods and Jake Cremmen from FinanceBoston. The transaction occurred on 09/19/2022.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $3,000,000
- Market: Concord, MA
- Loan Type: Construction
- Brokers: Fergal Woods & Jake Cremmen - FinanceBoston
The loan amount for the transaction was $3,000,000, and it was a construction loan. No additional information about the property or the transaction is available.
Players
Concord 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93