Income Summary

Data last updated on: 6/4/2025     Ownership current as of: 5/28/2025     Tax Year: 2025
REID 118173

 PIN # 0831-02-1359
Location Address Property Description
508 SIMMONS ST STOKESDALE/BLK:D/LT#1& PT:LT#1&2P20-4& LT#5P8-145 PL:5A-44
   
Property Owner Owner's Mailing Address
GREENE SOLUTIONS LLC
1215 ANTLER POINT DR
DURHAM NC 27713
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Notes
Sales
Photos
Map
Income Modeling
Income Model Type Office Md 1 Cl C DD
Income Location Good
Economic Year Built 1958
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
LEASEABLE AREA - OFFICESQFT 3,522 $26.00 $91,572.00


Total Units 0
Total Sqft 3522
Total Potential Gross Income $91,572.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $9,157.20
     Deductions Total (% of PGI) 10.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $82,414.80
 
Total Expenses $0.00
Total Expenses Override $26,207.91
NET Income $56,206.89
     Percentage of PGI 61.380%
     Percentage of EGI 68.200%
 
Final Value

Income Method Overall Rate
Rate Used 0.093950


Total Value $598,263.86
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $598,264.00
Final Value Override $0.00
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