2 BOULEVARD
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Location
2 BOULEVARD
M/B/L
27/ 4/ 7/ /
Acct#
00236200
Owner
NEWTOWN OWNER LLC
Total Market Value
$6,578,310
Appraisal
$9,397,610
PID
11445
Building Count
5
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2022$8,962,270$435,340$9,397,610
Assessment
Valuation YearImprovementsLandTotal
2022$6,273,570$304,740$6,578,310

Owner of Record
OwnerNEWTOWN OWNER LLC
Co-Owner
Address201 JONES ROAD
SUITE 300 WEST
WALTHAM, MA 02451
Sale Price$22,500,000
Book & Page 1238/450
Sale Date08/27/2025
Instrument00

Ownership History
Ownership History
OwnerSale PriceBook & PageInstrumentSale Date
NEWTOWN OWNER LLC$22,500,0001238/4500008/27/2025
SHI III NEWTOWN OWNER LLC$1,600,0001112/0245705/25/2018
PEPPER PARTNERS LLC$00653/06740001/26/2001

Building Information
Building 1 : Section 1
Year Built: 2019
Living Area: 11,430
Building Attributes
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeB
Stories:1
Occupancy16.00
Exterior Wall 1Hardy Plank
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Laminated Wood
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseNURSING HM
Total Rooms93
Total Bedrms71
Total Baths81
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 11,430 11,430
PTCPatio - Concrete 272 0
   11,702 11,430
Building 2 : Section 1
Year Built: 2019
Living Area: 11,430
Building Attributes : Bldg 2 of 5
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeB
Stories:1
Occupancy16.00
Exterior Wall 1Hardy Plank
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Laminated Wood
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseNURSING HM
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 11,430 11,430
PTCPatio - Concrete 272 0
SLBSlab 11,430 0
   23,132 11,430
Building 3 : Section 1
Year Built: 2019
Living Area: 12,046
Building Attributes : Bldg 3 of 5
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeB
Stories:1
Occupancy17.00
Exterior Wall 1Hardy Plank
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Laminated Wood
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseNURSING HM
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 12,046 12,046
PTCPatio - Concrete 208 0
SLBSlab 12,046 0
   24,300 12,046
Building 4 : Section 1
Year Built: 2019
Living Area: 13,170
Building Attributes : Bldg 4 of 5
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeB
Stories:1
Occupancy20.00
Exterior Wall 1Hardy Plank
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Laminated Wood
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseNURSING HM
Total Rooms 
Total Bedrms 
Total Baths 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 13,170 13,170
SLBSlab 13,170 0
   26,340 13,170
Building 5 : Section 1
Year Built: 2019
Living Area: 16,160
Building Attributes : Bldg 5 of 5
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeB
Stories:2
Occupancy1.00
Exterior Wall 1Hardy Plank
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverArch Shingles
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Carpet
Interior Floor 2Laminated Wood
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Struct Class 
Bldg UseNURSING HM
Total Rooms93
Total Bedrms71
Total Baths81
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeWOOD FRAME
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height9.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 12,200 12,200
FLLFinished Lower Level 3,960 3,960
BSMBasement 1,008 0
CTHCathedral Ceiling 1,778 0
FEPFinished Enclosed Porch 112 0
FOPOpen Porch 3,206 0
SLBSlab 5,204 0
   27,468 16,160

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1Sprinklers - Wet11430.00 S.F.$16,6301
SPR1Sprinklers - Wet11430.00 S.F.$16,6302
SPR1Sprinklers - Wet11994.00 S.F.$17,4503
SPR1Sprinklers - Wet13170.00 S.F.$19,1604
SPR1Sprinklers - Wet17197.00 S.F.$25,0205
ELV1Elevator1.00 UNITS$77,6005
ELV1Elevator1.00 UNITS$77,6005

Land
Land Use
Use Code3040
DescriptionNURSING HM  
ZoneP-1
NeighborhoodC110
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)3.97
Frontage
Depth
Total Market Land$304,740
Appraised Value$435,340

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
PAV1PavingASAsphalt40075.00 S.F.$42,0801
LT1Lights  24.00 UNITS$16,8001
PTOPatioCNConcrete665.00 S.F.$2,7905
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2024$8,962,270$435,340$9,397,610
2023$8,962,270$435,340$9,397,610
2022$8,962,270$435,340$9,397,610

Assessment
Valuation YearImprovementsLandTotal
2024$6,273,570$304,740$6,578,310
2023$6,273,570$304,740$6,578,310
2022$6,273,570$304,740$6,578,310

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