FinanceBoston Secures $3M Construction Loan For SFR In Concord, MA
FINANCED
$3,000,000
Massachusetts
See Similar DealsSingle Family Residence
Financed 09/19/2022
FINANCED
FinanceBoston Secures $3M Construction Loan For SFR In Concord, MA
67 Nut Meadow Crossing, Concord, Massachusetts 01742, United States
See Similar DealsSingle Family Residence
Financed 09/19/2022
Summary
MASSACHUSETTS
Asset Type:Single Family Residence
Transaction Type:Loan
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.
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$3,000,000.00
Monthly NOI$20,000.00
Monthly Debt Service$18,962.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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