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 2-16-2019 Property Owner: ROCK SPRING CLUB 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: Report Date: using default Section 1 A 3072 Overall Depreciation % Stories in Section 1 Physical Depreciation % Stories In Building 1 Functional Depreciation % ‘Shape irregular External Depreciation % Perimeter {auto-calc) Effective Age Occupancy Details Occupancy % Class Height Quality 523 Golf Cart Storage Building 100 c 10 20 Occupancy Total Percentage 100 System : Exterior Walls ‘%lUnits Quality Depr % Other 804 Exterior Walls : Block with Stucco 100 Oce. Total Percent for Exterior Walls: 100 System : TIVAC (Heating) Units Quality Depr % Other 606 HVAC (Healing) : Space Healer 100 Oce 2 Total Percent for HVAC (Heating): 100 Calculation Information (All Sections) Units. Unit Cost Total Cost New Less Total Cost Depreciation Depreciated Basic Structure Base Cost 3.072 $52.42 $161,034 $164,034. Exterior Wails 3.072 $27.87 $85,617 $85,617 Heating & Cooling 3.072 $2.10 $6,451 $6451 Basic Structure Cost 3,072 $82.39 $253,102 so $253,102 - 81 = REAL ESTATE APPRAISALS a & RESEARCH