Property Value & Appraisal Calculator
Estimate real estate market values using comparative sales (CMA), capitalization of rental income, and replacement cost methods
Finished heated square footage
Average sold price/sq ft
Estimated Market Value (CMA)
$583,000
Confidence Band: $553,850 – $612,150 (±5%)
Adjusted Price per Sq Ft
$265.00 / sq ft
Effective finished rate
Net Feature Adjustments
+$0
Beds, baths, lot & condition
Base Unadjusted Value
$583,000
2,200 sq ft @ $265/sq ft
Suggested List Range
$575k – $595k
Optimized for marketing traction
Expected monthly tenant lease
Parking, laundry, storage
Standard residential reserve
Taxes, insurance, repairs & mgmt
Local asset capitalization rate
Capitalized Asset Value
$433,086
Net Operating Income (NOI): $25,119 / year
Gross Potential Income (PGI)
$42,600 / yr
$3,550 / month gross scheduled
Effective Gross Income (EGI)
$40,470 / yr
After 5.0% vacancy deduction
Gross Rent Multiplier (GRM)
10.17×
Capitalized Value ÷ PGI
Annual Operating Expenses
$15,351 / yr
38.0% of Effective Gross Income
As if vacant and ready for development
Modern material & labor cost
Reflects wear, upkeep & updates
Standard residential is 55–65 yrs
Paving, landscaping, fencing, utility hookups
Indicated Value via Cost Approach
$492,033
Depreciated Structure: $312,033 • Land + Improvements: $180,000
Replacement Cost New (RCN)
$407,000
2,200 sq ft @ $185/sq ft
Accrued Physical Depreciation
-$94,967
23.3% of replacement cost
Site & Land Contribution
$180,000
36.6% of total indicated value
Remaining Economic Life
46 Years
76.7% of structural useful lifespan