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APffiAISAL
CITY & STATED anbu r y, C onnecticut
B~ ROBERT N . NOCE A SSOCIATEsffiOJECT NAME:Mid-Town E ast u . R . P roject
58 D ivision S treet
ffiOJECT NO • . c onnecticut R - 104
D anbury, C onnecticut
BLOCK
PARCEL NO .
- --
DESCRIPTION OF BUILDINGS
. . . • ' flll-11'1
S PAJIILI DaJ.t,UO
:
y
: DATE BUILT 1891
1l PURCHASE D ATA9/17MoLaiiS PAGE aJ
g PURCHASE HUCE . . .,$00
. ..... 60
2 ll.UROVEMENTS SINCE PURCHASE WITH APffiOXIg MATE COST AND NECESSARY STRUCTURAL REPAmS
~=~~NT
As SE S'SME ~=------- - :
Land
~0
B uildi ngs J1&1j)O
.
~
...
AdMBM
0
H HFS T a nd BEST USE
IG
VALUATION
CERTIFICATION
We h ereby c ertify t hat we h ave no i nterest, p resent o r c ontemplated, i n t he
p roperty a nd t hat n either t he employment t o make t he a ppraisal n or o ur compensation i s c ontingent o n t he v alue o f t he p roperty.. We c ertify t hat we
h ave p ersonally i nspected t he p roper ty a nd t hat, a ccording t o o ur knowledge
a nd b elief, a ll s tatements a nd i nformation i r9d s r eport a re t rue a nd oorTect.
DATE
U /)/67
4 /t· I_ )J))~
R obert
N. N oce, S .R.A.
6
B lock
P arcel No.
12
f lO
TYPE•
I
EXTERIOR - Foundation •
one •
2
O ODDNM
t aoJ.q, aome ooao. blook l n r •••
A ephalt S hlnal•
W alls •
Windows • Wood
S ua
S creens • 110M
G utters a nd L eaders • Cla1 f tlll . .4
R oot • A apbalt
P orches •
l
Shin&l•• • p lat
1 •a• •
open
Dormers •RODe
C ondition •
• hll 4 1rt • c ement b lock r el.Dtoroed t oun4atlon
INTERIOR - Basement
-
Heat
~t.
• !fane • ( 1 h . w. tL11'1l804t • no u aable)- apaoe b eatera-6
H ot W ater S upply ...6
G U b ot w ater u atera
Plumbing -Goppe~ & O aln.n1. .d -Wiring
• J p aa• • 220
R ooms-- lst F loor . . . . . ., _
2nd F loor •
J rd F loor •
n oors
A'''• •
•'Oft • l
• 1 t oilet
&
l av.
6 I • 3 • •ca e pte.
6 • I • l • cxa &pte.
• nll - .,. ....
•BaNwood1 1nl&14 • • - o14 v l4e l:toarda
, ..,. 8•8•
C eilings • I nada-.. • p laatei'M, . . . b leelt•ID4. 8
K itchen • hw O &bl1Wt8
Bathroom
. .... 66•-
I t l nla14 n owa •
• J o caplete • e aoellent • 1 i
•a•
]N. 8 •10•
. ....ti'DOJl
( toll.•t & l aY e ltoN)
a ll . a.et.ook w alla, i nlaid t loora, p laete• o ell.
C losets • Goo4
F ireplace • R. ...
P air • nee4a re4eool'atl.na
l a aoWI4.
O utbuildings ••OM
c ondition •
REBT
•
Bee t noaM ApprM.Oia
'brouaaout.
P laat••
B lock-''--- P arcel N o.
112
. 22
3
TYPE • 1 0 ROOM DWBLLIRG- 2 fAMILY
EXTERIOR - Foundation •
W alls•
atone
& B rlok
A lbeatol l binglea • Wev
Windows • Wood S ub
V lre •
S creens •
DO
. . . . ., .. OJt
atOI'II l aM
G utters a nd L eaders • OlllYAD1 . . 4
R oot
• Aipbalt S biQrlea • Gable
P orches • 'l!wo · O pen P orches
Dormers • Kone
C ondition • P alr
M poOl' - window
8141ns &D4 r oot · new
I Uh•
ba4 1 nee4a t rla p d.nt
INTERIOR - Basement • PUll • D lft
H eat •
lfone • l pUe b ilatel'a
&
k ltoben 1 tovea
H ot Water S upply - 2 Ga.: b ot • ••r b aateN
P lumbing•Ooppel' • M W • o l4 k ltOMD a lnk
W iring • 110 • 2 v lHs
2 nd F loor •
4 • 1 b atb • p oer o ondl \ loa
5 • 1 b ath • p o• o GD4l'l•
J rd F loor •
a tt1o
R ooms-- 1st F loor •
f loors • Hal-4woto14 de l inoleum • k lt;oua _ . b ath
H~l • l arf• b ole
W alls • Plaster • a1 h el•• ucS b ad p laat••
C eilings • p luteN4 • poet!' • b olaa a .eda p atoblna
K itchen •
o 14er
tn»e 1
O"JtbOU'c! • l lnola• t loor, w alnaoota.
B athroom•l • . -plete, a ll p laeteN4 w alla & M lllfc
C losets •
P al• t o g oo4
F ireplace • lfone
C ondition • P oor
O utbuildings • Bone
REBT •
8M
trao . .. A pproaob
5
CAPITALIZATION OF INCOME
6
B lock
110
l at. t l.
MOD'Il
UNIT
P arcel N o.
ACTUAL , lnllUal
22
STABILIZED
60.00
7 20.00
720.00
w..o.oo
1416.0.00
1 440.00
720.00
JJa,4o.oo
n ....
uo.oo
uo.oo
60.oo
l at. t 'leor
6 0.00
720.00
720.00
11114.
,...
•
t 1.2•) . .. . ,,.
112 l at.
t
It
GROSS I ~OME AFTER V & R lOSS
EXPENSES~
Taxes
$
$
2 8).00
W ater
$
1 9).20
•
3 02.4.0
$
. J.70
$
ft.tlJt,.OO
( a)
8 91.14
I nsurance
1 26.00
$
~
SQ4o.oo
$
ESTIMATED STABILIZED GROSS INCOME ( annual)
VACAN::Y a nd RENT :WSS
710.00
I J 'l'enant
R eJ?!irs Is
Maint •
M anq-nt
J-
B eat • B leot.
c••
o t o reaa)
$.
$
( b)
CAPITALIZATION CAI.CULATIOl'S:
O apltall. .d • ' 1 0( a)
( b)
( o)
. 30000.00
(o)
P N••n' N ntala a ppear t alr o •pan4 t1e R eal4entla1 & s tan
R en'al D ata.
B&penaea a n
t • b ul14lnsa o t t bla t n-e.
J an4 o a M ortsaa• r ate o t
plu r eoaptun r ate o t 3~
o ena14erlna .~-...lllin& e ooncale l lte o t l l , .ara.
••••aa•
7-
VALUE INDICATED BY INCOME APPROACH
$ 3 0000.00
Block-...;;6---._ P arcel No.
II
MARKET DATA APffiOACH (COMPARABLE DE SCRIPI'ION FOUND I N MARKET DATA BOOK)
ElEMENTS OF COMPARABILITY:
Q uality o f L ocation
Q uality o f C onstruction
P hysical C ondition
No .. o f S tories
S q .. F to A rea E xcl. B aseo
P rice p er S q. F t. G ross
Blctg .. A rea
No. o f Rooms ( Residntl .. )
P rice p er Room
Facilities:
Kitchen
SUBJECT
.
~JPA IR'' col>01# U
~·
0D
PAD
PAtH
PA m
P AD
GOCI>
P
Q,R/PAIR
l •_l
fOOl
P AD
I
_}
tthAA
......-r
4391
lS
11
.$238
-
24
•
ST~~. ~f\JIJA~U..
~~~~n
B ath
~OMP. 14
· nu
oo~
I
..... ...,.
··- 26~
8
$212S
$ 2000
OLD
OLD
OLD
OLD
u
O
LD
SPAOEJ
SPA
OE
B PAO jg
HW IJIU
l hl'.i1
JJ)O
S45Z
10786
. . .0
•
tf400
t7164
N o. F loors o r A pts. O cc ..
a t Time o f S ale U ftl
8
...
6
.
,
G ross I ncome M ultiplier
•
•
s.s
) .61
7/23/6 ~
~/19/65
. 30000 '
$ 260 00
H eat
O thers
L ot S ize . . . . . .
I ncome ( Actual
P ee'
& V ac.
E st.)
D ate o f S ale
S ales P rice
-
l/3/66
$17000
INDICATED COMPARABLE VALUE OF SUBJECT PROPERTY:
CO~LUSIOl\5
S !-4.
_flT•7
f t•ll
t 28Ron
& REASON FOR MARKET APPROACH VALUE:
• •11••• 1 ••• 1 an1, , . .... etm<l1ti •
s maller,
1. .., . ., ,• • ~onat:ru ~t1on • 1 c atl •
smallel"• l ees 1 An tt, batJser l ooatl • • o onetruotlon.
le••
A ne• a nal7eis u 4 a43ue· n . .. W l•te• Y al• , .. . . .
f t e e f h 11tlAfn~ . . . . 1 ~s . so. ~hJ.s l s t he •-··-~~~·.,t b aas..
- oo
t w e cxnpar1aon I a
----
•bl• .....
B lock
6
P arcel N o.
CORRELATION AND FINAL ESTIMATE
JM_..,.__
.................
P laal . ....... e t Y al•
. .a ten
•IP• Ia .awa •• u . t ae- .,,.._.._
. . . ., Data . ,..._... , .. .. .._ • • - • . ,,_.,.
. ,.._. . ....., •Pitlr t • . ..._
f ta
. ,. .
a ut
,....1-.1~ ••·~
R
7
Bloc~---·- Parcel No.
ADDENDA
t M • lalalt•aa..t h . U . .. a ktle wlUl aiMA l aulDe•••
,. .....w . ....,.....w
1
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..-
. .......... . ..... .......... . .. • •• Y e. .. • , • • , . ..
. ...., . ......., . ........ f tl• . , . ..........., .
.....
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)
,... ,,... ........
. .........
,....~
~
U
8