295 LAFAYETTE ROAD
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Location
295 LAFAYETTE ROAD
Mblu
010/ 003/ / /
Acct#
000189
Owner
RYE LAFAYETTE OWNER LLC
PBN
Total Market Value
$16,325,300
Appraisal
$16,325,300
PID
189
Building Count
2
Utility
Street/Road
Paved
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$13,167,800$3,157,500$16,325,300
Assessment
Valuation YearImprovementsLandTotal
2023$13,167,800$3,157,500$16,325,300

Owner of Record
OwnerRYE LAFAYETTE OWNER LLC
Co-OwnerC/O BENCHMARK SENIOR LIVING LLC
Address201 JONES RD 3RD FL WEST

WALTHAM, MA 02451
Sale Price$17,500,000
Certificate
Book & Page 6572/552
Sale Date09/10/2024
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
RYE LAFAYETTE OWNER LLC$17,500,000 6572/5520009/10/2024
BSL RYE INVESTORS LLC$13,728,750 6194/13436711/09/2020
EVOLVE AT RYE LLC$11,000,000 5843/03536608/03/2017
SANCTUARY CARE LLC$1,200,000 5302/05880003/30/2012
SMITH III MALCOLM E$0 5077/11423811/10/2009

Building Information
Building 1 : Section 1
Year Built: 2013
Living Area: 34,359
Replacement Cost: $6,038,705
Building Percent Good: 82
Replacement Cost
Less Depreciation:
$4,951,700
Building Attributes
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeGood
Stories:1
Occupancy56.00
Exterior Wall 1Clapboard
Exterior Wall 2VinylClapboard
Roof StructureFlat
Roof CoverT&G/Rubber
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl/Asphalt
Interior Floor 2Carpet
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseNURSING HM
Total Rooms56
Total Bedrms56
Total Baths47
1st Floor Use: 
Heat/ACHEAT/AC SPLIT
Frame TypeSTEEL
Baths/PlumbingAVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsAVERAGE
Wall Height14.00
% Comn Wall100.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 34,359 34,359
CANCanopy 120 0
FCPCarport 676 0
FEPPorch, Enclosed, Finished 420 0
PTOPatio 800 0
SLBSlab 29,714 0
   66,089 34,359
Building 2 : Section 1
Year Built: 2025
Living Area: 66,922
Replacement Cost: $15,227,030
Building Percent Good: 50
Replacement Cost
Less Depreciation:
$7,613,500
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Nursing Home
ModelComm/Ind
GradeGood
Stories:2
Occupancy100.00
Exterior Wall 1VinylClapboard
Exterior Wall 2 
Roof StructureGable/Hip
Roof CoverAsph/F Gls/Cmp
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Vinyl Plank
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseNURSING HM
Total Rooms120
Total Bedrms60
Total Baths60
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeFIREPRF STEEL
Baths/PlumbingABOVE AVERAGE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsABOVE AVERAGE
Wall Height12.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 33,461 33,461
FUSUpper Story, Finished 33,461 33,461
SLBSlab 33,461 0
   100,383 66,922

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
SPR1SPRINKLERS-WET65000.00 S.F.$69,3001
CLR2FREEZER TEMPS128.00 S.F.$12,6001
ACDDuctless AC Unit5.00 Units$6,2001

Land
Land Use
Use Code3040
DescriptionNURSING HM  
ZoneCOM
NeighborhoodC1
Alt Land ApprNo
Category
Land Line Valuation
Size (Acres)10.15
Frontage
Depth
Total Market Land$3,157,500
Appraised Value$3,157,500

Outbuildings
Outbuildings
CodeDescriptionSub CodeSub DescriptionSizeValueBldg #
GAZGAZEBO  256.00 S.F$3,5001
PAV1PAVING-ASPHALT  65750.00 S.F.$98,6001
LT1LIGHTS-IN W/PL  12.00 UNITS$18,0001
SGN31 SIDE W/LIGHTS  18.00 S.F.+HGT$7001
GENCGENERATOR COMM  100.00 UNITS$90,0001
SHD1SHED AVG  140.00 S.F.$1,9001
TRLTRAILER STGE  2.00 UNITS$1,8001
FNDFOUNDATION  1.00 UNITS$300,0001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$5,554,300$3,157,500$8,711,800
2024$5,254,300$3,157,500$8,411,800
2023$5,254,300$2,148,000$7,402,300

Assessment
Valuation YearImprovementsLandTotal
2025$5,554,300$3,157,500$8,711,800
2024$5,254,300$3,157,500$8,411,800
2023$5,254,300$2,148,000$7,402,300

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