400 STAPLES DR
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Location
400 STAPLES DR
Mblu
096/ 02/ 2181/ /
Acct#
12223
Owner
JNR FUND I SPE FRAM. MA LLC
PBN
Total Market Value
$16,156,300
Appraisal
$16,156,300
PID
12223
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$13,742,300$227,400$436,200$1,750,400$16,156,300
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$13,742,300$227,400$436,200$1,750,400$16,156,300

Owner of Record
OwnerJNR FUND I SPE FRAM. MA LLC
Co-OwnerTEWKSBURY MA HOTEL LLC
Address275 GROVE ST, SUITE 2-400
NEWTON, MA 02466
Sale Price$15,800,000
Certificate
Book & Page 80918/0167
Sale Date11/07/2022
Instrument1Y

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
JNR FUND I SPE FRAM. MA LLC $15,800,000 80918/01671Y11/07/2022
FRAMINGHAM HOTEL PROPERTY CO, LLC $18,051,600 68355/02121Y11/07/2016
FORTY FOUR FRAMINGHAM ASSOCIATES LLC $15,600,000 42324/04931Y03/26/2004
9/90 CORP CENTER $2,450,000 30981/04491Y12/21/1999

Building Information
Building 1 : Section 1
Year Built: 2000
Living Area: 84,260
Replacement Cost: $16,758,863
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$13,742,300
Building Attributes
FieldDescription
TypeHotel
ModelCommercial
GradeAvg. (+)
Stories5
Exterior Wall 1Brick
Exterior Wall 2Clapboard
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Residential Carpet
Int Floor 2Ceramic Tl
Heat FuelElectric
Heat TypeUnit Htrs
AC Percent100
Total Rooms144
Bedrooms144
Full Baths144
Half Baths2
FrameSteel
Plumbing 
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)1
Add Kit RatingNone
Fireplace RatingGood
Kitchen RatingAverage
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2Forced H/A
Half Bath RatingAverage
Living Units125
Total # Units125
InsulationTypical
Full Bath RatingAverage
Kitchens125
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSFinished Upper Story 65,664 65,664
BASBase Floor 18,596 18,596
CANCanopy 527 0
PTOPatio 850 0
   85,637 84,260

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVPPassenger Elevator5.00 UNITS$227,4001

Land
Land Use
Use Code300C
DescriptionHOTEL  
ZoneM1
Neighborhood100
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)5.22
Frontage
Depth
Total Market Land$1,750,400
Appraised Value$1,750,400

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PAVEMENT-ASPHALT  105000.00 S.F.$341,3001
LT1Light Single  1.00 UNITS$13,5001
LT2Light Double  1.00 UNITS$1,8001
SHD3SHED-METAL  400.00 S.F.$5,8001
BNStg Bunker  256.00 S.F.$1,5001
SGN3SIGN W/INT LIGHTS  30.00 S.F.$3,2001
SPL1CONC ING POOL  800.00 S.F.$69,1001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$13,419,100$227,400$436,200$1,666,600$15,749,300
2024$13,085,200$0$341,200$1,664,900$15,091,300
2023$14,589,600$0$346,800$1,513,600$16,450,000
2022$12,608,600$0$315,200$1,375,400$14,299,200

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$13,419,100$227,400$436,200$1,666,600$15,749,300
2024$13,085,200$0$341,200$1,664,900$15,091,300
2023$14,589,600$0$346,800$1,513,600$16,450,000
2022$12,608,600$0$315,200$1,375,400$14,299,200

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