Definition

The 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

Lookup Status: --

Lookup: --

Property Types: RINC, COMS, COML

Payloads: --

Spanish Name: Tasa Máxima

French-Canadian Name: Taux de capitalisation

Status Change Date: DEC 26 2018

Revision Date: JUN 17 2021

Added in Version: --

Usage

  • 55% of Systems (11/20)
  • 20% of Organizations (97/480)

For more information on items displayed on this page, see Data Dictionary Terms and Meta Definitions.

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: Apr 16 2024

Form: PropertySimple