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Field Name (Standard Name)?: CapRate

Definition (May contain rules that must be observed)

Cap Rate is equivalent to the return on investment you would receive if you pay cash for a property. The ratio between the net operating income produced by an asset and its capital cost (the original price paid to buy the asset) or alternatively its current market value.

Lookup Status: n/a

Lookup: n/a

Repeating Element?: No

Property Types?: RINC, COMS, COML

Payloads?: Proposed IDX

Status Change Date?: November 9, 2011 00:00 AM

Revised Date?: August 7, 2013 00:00 AM

Page Revision Date: Sun, 03 Jan 2016 

Form: PropFieldNoLookup