40 SPEEN ST
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Location
40 SPEEN ST
Mblu
072/ 68/ 0704/ /
Acct#
8142
Owner
RCP, LLC
PBN
Total Market Value
$4,306,600
Appraisal
$4,306,600
PID
8142
Building Count
1
Current Value
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$3,284,100$80,900$108,000$833,600$4,306,600
Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2026$3,284,100$80,900$108,000$833,600$4,306,600

Owner of Record
OwnerRCP, LLC
Co-Owner
Address40 SPEEN ST 4TH FL
FRAMINGHAM, MA 01701
Sale Price$4,000,000
Certificate
Book & Page 81249/0457
Sale Date02/14/2023
Instrument1Y

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RCP, LLC $4,000,000 81249/04571Y02/14/2023
LMF SPEEN CORP $1,650,000 23318/01461Y06/17/1993

Building Information
Building 1 : Section 1
Year Built: 1980
Living Area: 33,438
Replacement Cost: $4,901,612
Building Percent Good: 67
Replacement Cost
Less Depreciation:
$3,284,100
Building Attributes
FieldDescription
TypeOffice Bldg
ModelCommercial
GradeAverage
Stories4
Exterior Wall 1Conc.Panel
Exterior Wall 2Glass
Roof StructureFlat
Roof CoverMembrane
Int Wall 1Drywall
Int Wall 2 
Int Floor 1Commercial Carpet
Int Floor 2Ceramic Tl
Heat FuelGas
Heat TypeForced H/W
AC Percent100
Total Rooms0
Bedrooms0
Full Baths0
Half Baths8
FrameSteel
Plumbing 
PartitionTypical
Wall Height10.00
% Comn Wall0.00
Fireplace(s)0
Add Kit RatingNone
Fireplace RatingAverage
Kitchen RatingNone
WS Flue RatingAverage
% Sprinkler100
ElectricTypical
WS Flues0
Heat Type 2 
Half Bath RatingAverage
Living Units16
Total # Units16
InsulationTypical
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
FUSFinished Upper Story 25,668 25,668
BASBase Floor 7,770 7,770
   33,438 33,438

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
ELVPPassenger Elevator4.00 UNITS$80,9001

Land
Land Use
Use Code340C
DescriptionGEN-OFFICE  
ZoneM
Neighborhood190
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)1.37
Frontage
Depth
Total Market Land$833,600
Appraised Value$833,600

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
LMMercury-Vapor Light  1.00 UNITS$14,4001
PAV1PAVEMENT-ASPHALT  48000.00 S.F.$93,6001
Valuation History
Appraisal
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,243,800$80,900$108,000$793,700$4,226,400
2024$3,209,700$0$113,000$793,700$4,116,400
2023$3,382,900$0$115,400$721,600$4,219,900
2022$3,084,800$0$105,600$656,000$3,846,400

Assessment
Valuation YearBuildingExtra FeaturesOutbuildingsLandTotal
2025$3,243,800$80,900$108,000$793,700$4,226,400
2024$3,209,700$0$113,000$793,700$4,116,400
2023$3,382,900$0$115,400$721,600$4,219,900
2022$3,084,800$0$105,600$656,000$3,846,400

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