Income Summary

Data last updated on: 8/14/2026     Ownership current as of: 8/11/2026     Tax Year: 2026
REID 113204

 PIN # 0831-59-1441
Location Address Property Description
1512 N HYDE PARK AVE PROP-MORGAN THOMAS LAND/L T#05 PL:00005A-000025
   
Property Owner Owner's Mailing Address
J P BUILDERS LLC
5509 TREKWOOD DR
GARNER NC 27529
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Map
Income Modeling
Income Model Type AprtGdn Md 1 Cl C DD
Income Location Good
Economic Year Built 1952
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
1 BEDROOMUNITS 4 $13,176.00 $52,704.00


Total Units 4
Total Sqft 0
Total Potential Gross Income $52,704.00
Total Potential Gross Income Override $32,558.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $1,627.90
     Deductions Total (% of PGI) 5.000%
Misc Income $4,320.00
     Misc Income (% of PGI) 13.269%
Total Effective Gross Income $35,250.10
 
Total Expenses $0.00
Total Expenses Override $12,601.91
NET Income $22,648.19
     Percentage of PGI 69.563%
     Percentage of EGI 64.250%
 
Final Value

Income Method Overall Rate
Rate Used 0.064370


Total Value $351,843.87
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $351,844.00
Final Value Override $0.00
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