Definition
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.
Standard Name: CapRate
Display Name: Cap Rate
Group: Financial
Data Type: Number
Suggested Maximum Length: 5
Suggested Maximum Precision: 2
Synonyms(s): CapitalizationRate
Field (Element) Status: ACTIVE
BEDES: --
Record ID: ba04635
Usage
- 65% of Systems (11/17)
- 20% of Organizations (99/501)
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RESO certifies against the Standard Name.
Display Name represents a recommendation for public display that MLSs and other data producers may use based on local, legal and language-based needs.
Page Revision Date: Nov 08 2023
Form: PropertySimple