Updated Mar 11, 2025
RD Advisors Provides $520K Acquisition Loan For SFR In Norton, MA
91 Bay Road, Norton, Massachusetts 02766, United States
$520,000
$297/SF
Building Size
1,748 SF
Asset Type
Single Family Residence
Closing
May 15, 2022
About this deal
AI
A single-family home located at 91 Bay Rd in Norton, MA recently underwent a closed transaction. This property spans an area of 1,748 square feet, making it an ideal choice for a small family or couple.
Summary of transaction details
- Property Type: Single-Family Home
- Transaction Amount: $520,000
- Market: Norton, MA
- Lender: RD Advisors - Sean Kelly-Rand
RD Advisors, represented by Sean Kelly-Rand, provided a loan of $520,000 for the acquisition of this property. The loan was specifically designed for the purchase of non-owner occupied residential and commercial properties in Massachusetts. RD Advisors invites interested parties to submit their loan requests through their website, which promises a quick and efficient application process.
Players
Norton 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
30.51%
Cash-on-Cash
-8.72%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93