property record · Multifamily
1-27 Independence Drive
Commercial property in Methuen, Essex County, Massachusetts. Income, occupancy and loan, each figure linked to the filing it comes from.
Operating income
As reported to the trustee. DSCR below 1.0 means the property does not cover its debt service.
| As of | NOI | Revenue | Expenses | DSCR | Source |
|---|---|---|---|---|---|
| 2025-12-31 | 2,244,630 | 2,679,064 | 434,434 | 2.03 | evidence → |
| 2025-09-30 | 2,111,706 | 2,686,051 | 574,345 | 1.91 | evidence → |
| 2025-06-30 | 2,024,049 | 2,687,449 | 663,400 | 1.83 | evidence → |
| 2023-12-31 | 2,388,606 | 2,827,765 | 439,159 | 2.16 | evidence → |
| 2023-09-30 | 2,285,945 | 2,761,884 | 475,939 | 2.07 | evidence → |
| 2023-06-30 | 2,352,043 | 2,829,634 | 477,591 | 2.13 | evidence → |
| 2022-12-31 | 2,433,951 | 2,917,469 | 483,517 | 2.20 | evidence → |
| 2021-12-31 | 3,825,190 | 4,246,139 | 420,948 | 3.46 | evidence → |
| 2021-06-30 | 3,934,150 | 4,426,186 | 492,035 | 3.56 | evidence → |
| 2020-12-31 | 3,563,492 | 3,943,730 | 380,237 | 3.23 | evidence → |
| 2020-09-30 | 3,641,819 | 3,917,731 | 275,912 | 3.30 | evidence → |
| 2020-06-30 | 3,476,335 | 3,897,885 | 421,550 | 3.15 | evidence → |
| 2019-09-30 | 2,315,412 | 2,561,660 | 246,248 | 2.10 | evidence → |
| 2019-06-30 | 1,682,876 | 2,707,491 | 1,024,615 | 2.01 | evidence → |
| 2017-07-31 | 1,509,311 | 2,450,324 | 941,014 | 1.80 | evidence → |
Property record
| Field | Value | Source |
|---|---|---|
| collateral of | {"trust_cik": "0001775756", "entity_ref": "c39d23c3-40ea-4f93-aa67-5e4319067395", "originator": "Rialto Mortga | evidence → |
| loan payment status | {"label": "Payment Not Received But Still in Grace Period", "value": "A", "loan_id": "23"} | evidence → |
| address | {"zip": "01844", "city": "Methuen", "state": "MA", "county": "Essex", "address": "1-27 Independence Drive"} | evidence → |
| occupancy | {"basis": "most_recent", "value": 0.9518} | evidence → |
| sqft | {"basis": "securitization", "value": 133300} | evidence → |
| status | {"label": "Same as at Securitization", "value": "6", "defeased_label": "No Defeasance Occurred", "defeased_sta | evidence → |
| type | {"label": "Multifamily", "value": "MF"} | evidence → |
| units | {"basis": "most_recent", "value": 148} | evidence → |
| valuation | {"basis": "securitization", "amount": 28850000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| valuation | {"basis": "most_recent", "amount": 28000000, "source": "MAI", "currency": "USD", "source_label": "Appraisal (M | evidence → |
| valuation | {"basis": "securitization", "amount": 24600000, "source": "MAI", "currency": "USD", "source_label": "Appraisal | evidence → |
| year built | {"value": 1970, "renovated": 2017} | evidence → |