Updated Mar 11, 2025
Sean Kelly-Rand Secures $2.025M Bridge Loan For Single Family Property In Needham, MA
58 Woodbine Circle
$2,025,000
Building Size
—
Asset Type
Single Family
Closing
Oct 16, 2023
About this deal
AI
The property at 58 Woodbine Circle in Needham, MA has been involved in a loan transaction. The loan was provided by Sean Kelly-Rand of RD Advisors. The loan amount was $2,025,000 and it was a bridge loan.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $2,025,000
Sean Kelly-Rand from RD Advisors served as the lender in this transaction. RD Advisors is currently accepting loan requests for non-owner occupied residential and commercial properties in Massachusetts. They provide an easy and quick submission process through their website.
Players
Needham Heights Single Family Market Snapshot
Boundary boundary · Single Family · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93