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 Create 2-16-2019 Property Owner: ROCK SPRING CLUB Date Updated: Property Address: 90 Rock Spring Road Date Calculated: 02-16-2019 West Orange, NJ 07052 Local Multiplier: Cost Data As Of; 01-2019 Architects Fee: Section 1 Area 2916 Stories in Section 1 Storles In Building 1 Shape irregular Perimeter {auto-cale) Effective Age Report Date: using default Overall Depraciation % Physical Depreciation % Functional Depreciation % External Depreciation % Occupancy Details Occupancy Ye Class Height Quality 629 Snack Bar 100 Cc 10 20 Occupancy Total Percentage 100 System : Exterior Walls WlUnits Quality Depr % Other 804 Exterior Walls : Block with Stucco 100 Occ. Total Percent for Exterior Walls: 100 System : HVAC (Heating) %IUnits Quality Depr% Other 611 HVAC (Heating): Package Unil 100 Oce, 2 Total Percent for HVAC (Heating): 400 Calculation Information (All Sections) Units Unit Cast Total Cost New Less Total Cost Depreciation Depreciated Basic Structure Base Cost 2,916 $94.72 $276,204 $276,204 Exterior Walls 2.916 $27.81 $81,094 ga1,n94 Heating & Cooling 2.916 $1203 $35,079 $35,079 Basic Structure Cost 2,916 $134.56 $392,377 so $392,377 80 REAL ESTATE = = | APPRAISALS & RESEARCH