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    Property profile & analytics

    400 Staples Dr Framingham, MA 01702-4482

    • Hotels
    • 84,260 SF
    • 5.23 lot acres
    OFF-MARKET
    Value Estimation
    $14,075,000
    Last Sale
    Nov 07, 2022
    $15,800,000
    Location Intelligence
    Property ID
    US38-0386263
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residence Inn Boston Framingham / Hotel / Extended Stay Hotel
    • 400 Staples Drive Parking / Parking Lot
    • Bright Horizons / School

    Property Details for 400 Staples Dr

    Year built
    2000
    Construction
    STEEL FRAME
    Lot size
    5.23 lot acres
    Property size
    84,260 SF
    Zone code
    M-1
    Property type
    Hotels
    APN
    FRAM M:096 B:02 L:2181 U:000
    APU
    FRAMM096B02L2181U000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $13,545,000

    • CAP approach

      CAP return
      Estimation
      6%
      $16,250,000
      6.5%
      $14,435,000
      7%
      $14,740,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $16,245,000
      Geo Method
      $14,395,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $16,785,000
      Retail
      $14,660,000
      Mixed-Use
      $15,670,000
      Hospitality
      $16,840,000
      Educational
      $15,520,000
      Residential Income
      $17,555,000
      Energy
      $15,520,000
      Income-Based Land
      $16,645,000
      Food Service
      $15,445,000

    Location Insight

    • Map
    • Local Demand
    City
    Framingham
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.4848
    Latitude
    42.294
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $383,470
    $1,664,900
    $13,426,400
    $15,091,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      102,166 SF

      130 Worcester Rd

      HOTEL • 102,166 SF
      130 Worcester Rd, Framingham, MA 01702-5320
      View Details
    • Value Estimation by Request
      11,925 SF

      90 Worcester Rd

      MOTEL • 11,925 SF
      90 Worcester Rd, Framingham, MA 01702-5308
      View Details
    • Value Estimation by Request
      21,515 SF

      1186 Worcester Rd

      Restaurants • 21,515 SF
      1186 Worcester Rd, Framingham, MA 01702
      View Details
    • Value Estimation by Request
      45,117 SF

      1668 Worcester Rd

      MOTEL • 45,117 SF
      1668 Worcester Rd, Framingham, MA 01702-5407
      View Details
    • Value Estimation by Request
      0.06 Acres

      54 Mellen St

      PARKING LOT • 0.06 Acres
      54 Mellen St, Framingham, MA 01702
      View Details
    • Value Estimation by Request
      4.56 Acres

      781st Salem End Rd

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4.56 Acres
      781st Salem End Rd, Framingham, MA 01702-5542
      View Details

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    Similar Nearby for Lease

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      Professional office space with high visibility and convenient location.
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      Endcap retail space in Stop & Shop anchored Framingham center.
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      Framingham Office Space for Rent

      Office space for rent near Metrowest Medical Center.
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    • Contact for pricing

      Retail Space on Route 9

      Retail property with pylon signage and ample parking.
      140-142 Worcester Rd, Framingham, MA 01702
      View Details

    Property Visit Statistics

    • Visits by month
      5.4k
    • Visitors by month
      332
    • Avg Time on site
      614 min
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    400 Staples Dr
    Framingham, MA 01702-4482
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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