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 Created: 2-16-2019 Property Owner: ROCK SPRING CLUB Date Update Property Address: 80 Rack Spring Road Date Calculate: 02-16-2019 West Orange, NJ 07052 Local Multiplier: Cost Data As Of; 01-2019 Architects Fee: Report Date: using default Section 1 Area 3384 Overall Depreciation % Stories In Section 1 Physical Depreciation % Stories in Building 4 Functional Depreciation % Shape irregular External Depreciation % Perimeter {auto-calc) Effective Aga Occupancy Details Occupancy % Class Height Quality 406 Storage Warehouse 100 c 16 20 Occupancy Total Percentage 400 System : Exterior Walls ‘*lUnits ‘Quality Depr% Other 804 Exterior Walls : Block with Stucco 100 Occ. Total Percent for Extertor Walls: 100 System : HVAC (Heating) *iUnits: Quality Depr% Other 606 HVAC (Heating) - Space Healer 100 Occ. 2 Total Percent for HVAC (Heating): 100 Calculation Information (All Sections) Units. Unit Gost Total Cost New Less Total Cost Depreciation Depreciated Basle Structure Base Cost 3,384 $48.64 $164,496 $164,496 Exterior Walls 3,384 $24.34 $82,265 $82,265 Heating & Cooting 3.384 $3.58 $12,115 $12,115 Basic Structure Cost 3,384 $76.50 $258,876 $0 $258,876 REAL ESTATE APPRAISALS - 82 - a & RESEARCH