Cumberland County
Income Summary

Data last updated on: 7/9/2025     Ownership current as of: 6/24/2025     Tax Year: 2025
REID 9499711765000

 PIN # 9499-71-1765
Location Address Property Description
801 APPLEWOOD LN DOMINION PROP INV II LLC LO:2 SE:01 PL:0122-0053
   
Property Owner Owner's Mailing Address
AQUILA MEADOW POINTE LLC
160 MINE LAKE CT STE 200
RALEIGH NC 27615
Parcel
Buildings
Misc Improvements
Land
Income
Deeds
Documents
Notes
Sales
Photos
Income Modeling
Income Model Type Apt Mod 4 Class C Fa
Income Location Average
Economic Year Built 1982
Potential Gross Income (PGI)
DescriptionMeasurementUnit QuantityAnnual Unit IncomeAnnual PGI
1 BEDROOMUNITS 16 $7,800.00 $124,800.00
2 BEDROOMUNITS 16 $9,360.00 $149,760.00


Total Units 32
Total Sqft 0
Total Potential Gross Income $274,560.00
Total Potential Gross Income Override $0.00
 
Effective Gross Income (EGI)   NET Expenses

Deductions Total $13,728.00
     Deductions Total (% of PGI) 5.000%
Misc Income $0.00
     Misc Income (% of PGI) 0.000%
Total Effective Gross Income $260,832.00
 
Total Expenses $0.00
Total Expenses Override $104,332.80
NET Income $156,499.20
     Percentage of PGI 57.000%
     Percentage of EGI 60.000%
 
Final Value

Income Method Overall Rate
Rate Used 0.096285


Total Value $1,625,374.67
Excess Land $0.00
Furniture, Fixtures, & Equipment $0.00
Additional Buildings $0.00
Supporting Parcels $0.00
Final Value $1,625,400.00
Final Value Override $0.00