Updated Mar 11, 2025
Sean Kelly-Rand Secures $3.5M Acquisition Loan For SFR In Lexington, MA
75 Outlook Drive, Lexington, MA 02421
$3,500,000
$648/SF
Building Size
5,400 SF
Asset Type
Single Family Residence
Closing
May 21, 2020
About this deal
AI
Located at 75 Outlook Drive in Lexington, MA, this single-family residential property recently underwent a closed transaction. The property features a spacious layout and is situated in the desirable market of Lexington. The transaction took place on May 21, 2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $3,500,000
- Lender: Sean Kelly-Rand - RD Advisors
- Loan Type: Acquisition
Representing the lender in this transaction is Sean Kelly-Rand from RD Advisors. RD Advisors provided a loan of $3,500,000 for the acquisition of the property. The loan enabled the successful completion of the transaction, showcasing the expertise of Sean Kelly-Rand and the solid partnership between the lender and the buyer.
Players
Lexington 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93