RockSpringCluB-Hendricks Appraisal.pdf

THE COST APPROACH — AS A VALUATION INDICATOR Cost Printout CoreLogic - SwiftEstimator Commercial Estimator - Summary Report General Information Estimate ID: 2019-02-14 Date Cr 2-16-2019 Property Owner: ROCK SPRING CLUB Date Update Property Address: 90 Rock Spring Raad Date Calculated: 02-16-2019 West Orange, NJ 07052 Local Multiplier: Cost Data As Of: 01-2019 Architects Fe Report Date: using default Section 1 Area 22281 Ove reciation % Storles In Section 2 Physical Depreciation % Storles in Building 2 Functlonal Depreciation % Shape irregular External Depreciation % Perimeter {auto-cale) Effective Age Occupancy Details Occupancy % Class Height Quality 314 Country Club 100 12 20 Occupancy Total Percentage 100 System : Exterior Walls elUnits Quality Depr % Other 887 Exterior Walls - Stud -Hardboard Siding 100 Occ. Total Percent for Exterior Walls: 100 System : HVAC (Heating) %lUnits Quality Depr % Other 811 HVAC (Heating) : Package Unit 100 Oce 2 Total Percent for HVAC (Heating): 400 System : Sprinklers YlUnits Quality Depr % Other 683 Sprinklers - Wet Sprinklers 100 Ove Total Percent for Sprinklers: 100 Calculation Information (All Sections) Units Unit Cost Total Cost New Less Total Cost Depreciation Deprecated Basic Structure Base Cost 22,291 $144.94 $3,230,858 $3,230,858 Exterior Walls 22.294 $15.81 $352,421 $352,421 Heating & Cooling 22,291 $12.64 $261,758 $281,758 Sprinklers 22.291 $3.91 $87,158 $87,158 Basic Structure Cost 22,291 $177.30 $3,952,195 so $3,952,195 Cost data by CoreLogic, Inc *-Except for ilams and costs listed under “Addition Details“ this SwiftEstimator ropott has been produced utillzng current coat dats and Is in compliance with the Marshal & Swift Licensed User Certificate. This roport authonticates he user as a current Marshay & Swiff user "** | CoreLogic’ 79 REAL ESTATE APPRAIBALS & RESEARCH