40 RIVERPATH DR
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Location
40 RIVERPATH DR
Mblu
041/ 55/ 9239/ /
Acct#
7833
Owner
AVALON FRAMINGHAM, LLC
PBN
Total Market Value
$61,821,500
Appraisal
$61,821,500
PID
7833
Building Count
12
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$50,192,300$28,600$628,100$10,972,500$61,821,500
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$50,192,300$28,600$628,100$10,972,500$61,821,500

Owner of Record
OwnerAVALON FRAMINGHAM, LLC
Co-OwnerC/O AVALON BAY TAX DEPT
Address4040 WILSON BLVD STE 1000
ARLINGTON, VA 22203
Sale Price$4,162,000
Certificate
Book & Page 64438/0227
Sale Date10/30/2014
Instrument1V

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
AVALON FRAMINGHAM, LLC $4,162,000 64438/02271V10/30/2014
DANFORTH GREEN LLC $8,870,000257496257496/00051G08/26/2014
DANFORTH GREEN $11,000,000 52962/00691U06/10/2009
RTM FRAMINGHAM $18,040,000235625235625/00701G12/02/2005

Building Information
Building 1 : Section 1
Year Built: 2015
Living Area: 19,025
Replacement Cost: $3,504,657
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$3,329,400
Building Attributes
FieldDescription
TypeClubhouse
ModelCommercial
GradeVery Good
Stories2
Exterior Wall 1Vinyl
Exterior Wall 2Stone Venr
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2 
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms0
Bedrooms0
Full Baths2
Half Baths0
FrameTypical
PlumbingGood
PartitionTypical
Wall Height10.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler 
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units1
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens1
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASBase Floor 12,650 12,650
FHSHalf Story 12,750 6,375
FOPOpen Porch 800 0
   26,200 19,025
Building 2 : Section 1
Year Built: 2014
Living Area: 16,206
Replacement Cost: $5,467,872
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$5,194,500
Building Attributes : Bldg 2 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories2
Exterior Wall 1Vinyl
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Residential Carpet
Int Floor 2 
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms65
Bedrooms39
Full Baths16
Half Baths0
FrameWood
PlumbingAverage
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units8
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens8
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASBase Floor 8,103 8,103
FUSFinished Upper Story 8,103 8,103
   16,206 16,206
Building 3 : Section 1
Year Built: 2014
Living Area: 15,000
Replacement Cost: $7,043,235
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$6,691,100
Building Attributes : Bldg 3 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories3
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms108
Bedrooms48
Full Baths48
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units30
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens30
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 10,000 10,000
BASBase Floor 5,000 5,000
   15,000 15,000
Building 4 : Section 1
Year Built: 2014
Living Area: 15,000
Replacement Cost: $6,574,360
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$6,245,600
Building Attributes : Bldg 4 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories 
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms90
Bedrooms40
Full Baths38
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units25
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens25
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 10,000 10,000
BASBase Floor 5,000 5,000
   15,000 15,000
Building 5 : Section 1
Year Built: 2014
Living Area: 15,000
Replacement Cost: $6,574,360
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$6,245,600
Building Attributes : Bldg 5 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories3
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Plaster
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms90
Bedrooms40
Full Baths38
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units25
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens25
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 10,000 10,000
BASBase Floor 5,000 5,000
   15,000 15,000
Building 6 : Section 1
Year Built: 1700
Living Area: 15,000
Replacement Cost: $6,976,823
Building Percent Good: 75
Replacement Cost
Less Depreciation:

$5,232,600
Building Attributes : Bldg 6 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories3
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms107
Bedrooms47
Full Baths45
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units30
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens30
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 10,000 10,000
BASBase Floor 5,000 5,000
   15,000 15,000
Building 7 : Section 1
Year Built: 2014
Living Area: 5,000
Replacement Cost: $2,667,770
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$2,534,400
Building Attributes : Bldg 7 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories2.25
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms32
Bedrooms16
Full Baths16
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units8
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens8
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASBase Floor 2,500 2,500
FUSFinished Upper Story 2,500 2,500
   5,000 5,000
Building 8 : Section 1
Year Built: 2014
Living Area: 15,000
Replacement Cost: $7,043,235
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$6,691,100
Building Attributes : Bldg 8 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories3
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms108
Bedrooms48
Full Baths48
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units30
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens30
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 10,000 10,000
BASBase Floor 5,000 5,000
   15,000 15,000
Building 9 : Section 1
Year Built: 2015
Living Area: 5,000
Replacement Cost: $2,667,770
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$2,534,400
Building Attributes : Bldg 9 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories2.25
Exterior Wall 1Clapboard
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Hardwood
Int Floor 2Residential Carpet
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms32
Bedrooms16
Full Baths16
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units8
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens8
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASBase Floor 2,500 2,500
FUSFinished Upper Story 2,500 2,500
   5,000 5,000
Building 10 : Section 1
Year Built: 2014
Living Area: 5,000
Replacement Cost: $2,471,708
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$2,348,100
Building Attributes : Bldg 10 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories2.25
Exterior Wall 1Vinyl
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Residential Carpet
Int Floor 2Lino/Vinyl
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms24
Bedrooms8
Full Baths8
Half Baths0
FrameWood
PlumbingGood
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units8
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens8
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASBase Floor 2,500 2,500
FUSFinished Upper Story 2,500 2,500
   5,000 5,000
Building 11 : Section 1
Year Built: 2015
Living Area: 5,000
Replacement Cost: $2,611,068
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$2,480,500
Building Attributes : Bldg 11 of 12
FieldDescription
TypeApartment GN
ModelCommercial
GradeVery Good
Stories4
Exterior Wall 1Vinyl
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Residential Carpet
Int Floor 2Lino/Vinyl
Heat FuelGas
Heat TypeForced H/A
AC Percent100
Total Rooms32
Bedrooms16
Full Baths16
Half Baths0
FrameWood
Plumbing 
PartitionTypical
Wall Height8.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingGood
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units8
Total # Units205
InsulationTypical
Full Bath RatingGood
Kitchens8
Extra Kitchens0
Bsmt Garage0
FoundationConcrete
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
BASBase Floor 2,500 2,500
FUSFinished Upper Story 2,500 2,500
   5,000 5,000
Building 12 : Section 1
Year Built: 2014
Living Area: 6,688
Replacement Cost: $700,003
Building Percent Good: 95
Replacement Cost
Less Depreciation:

$665,000
Building Attributes : Bldg 12 of 12
FieldDescription
TypeGarage
ModelCommercial
GradeGood
Stories1
Exterior Wall 1Vinyl
Exterior Wall 2 
Roof StructureGable
Roof CoverAsphalt
Int Wall 1Minimum
Int Wall 2 
Int Floor 1Concrete
Int Floor 2 
Heat Fuel 
Heat Type 
AC Percent0
Total Rooms0
Bedrooms0
Full Baths0
Half Baths0
FrameWood
Plumbing 
PartitionTypical
Wall Height12.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingNone
WS Flue RatingAverage
% Sprinkler 
Electric 
WS Flues0
Heat Type 2 
Half Bath RatingNone
Living Units24
Total # Units205
Insulation 
Full Bath RatingNone
Kitchens0
Extra Kitchens0
Bsmt Garage0
FoundationSlab
Color 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area
Living
Area
PFLPartial Floor Area 6,688 6,688
   6,688 6,688

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MNManual1.00 UNITS$28,6001

Land
Land Use
Use Code113C
DescriptionAPT-100-UNIT-PLUS  
ZoneM
NeighborhoodAC
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)13.42
Frontage
Depth
Total Market Land$10,972,500
Appraised Value$10,972,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
SPL3GUINTE ING POOL  1680.00 S.F$145,2001
FGR1GARAGE AV  1452.00 S.F.$266,6001
FGR1GARAGE AV  1650.00 S.F.$101,0001
SHD1SHED AV  144.00 S.F.$3,3001
LT1Light Single  48.00 UNITS$77,8001
FN3FENCE 6' CHAIN  500.00 L.F.$26,1001
SHD1SHED AV  120.00 S.F.$2,7001
SHD1SHED AV  144.00 S.F.$3,3001
SGN11 SIDED SIGN  38.00 S.F.$2,1001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$49,102,700$28,600$628,100$10,450,000$60,209,400
2024$59,343,600$0$0$0$59,343,600
2023$52,438,900$0$0$0$52,438,900
2022$48,332,200$0$0$0$48,332,200

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$49,102,700$28,600$628,100$10,450,000$60,209,400
2024$59,343,600$0$0$0$59,343,600
2023$52,438,900$0$0$0$52,438,900
2022$48,332,200$0$0$0$48,332,200

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