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 Updated: Property Address: 90 Rock Spring Road Date Calculated: 02-16-2019 West Orange, NJ 07052 Local Multiptie Cost Data As Of: 01-2019 Architects F Report Date: using default Section 1 Area 1800 Overall Depreciation % Stories In Section 1 Physical Depreciation % Stories in Building 1 Functional Depreciation % Shape irregular External jation % Perimeter (auto-calc) Effective Age Occupancy Details Occupancy % Class Height Quality 406 Storage Warehouse 100 c 16 20 Occupancy Total Percentage 100 System : Exterior Walls %1Units Quality Depr % Other 804 Exterior Walls : Block with Stucco. 100 Occ, Total Percent for Exterior Walls: 100 System : HVAC (Heating) lUnits Quality Depr% Other 606 HVAC (Heating) : Space Heater 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 1,800 $54.28 $97,704 $97,704 Exterior Walls 1,800 $27.14 $48,852 $48,852 Heating & Cooling 1,600 $4.00 $7,200 $7,200 Basic Structure Cost 1,800 $85.42 $453,756 so $153,756 APPRAISALS - 83 - a & RESEARCH