If properties in a certain market are typically selling for prices of $100/SF and they are yielding current annual net income of $8/SF, then the typical "cap rate" prevailing in this market is:
A) $12.50.
B) $8/SF.
C) 8%.
D) Cannot be estimated from the information given.
Correct Answer:
Verified
Q14: Briefly describe about the following terms
-segmented market
Q15: The "real estate system" consists of the
Q16: If the cap rates prevailing in a
Q17: The term "real property" refers to:
A) Financial
Q18: Briefly describe about the following terms
-the 'replacement
Q19: Which statement below is true?
A) The supply
Q20: Which of the following statements is true
Q21: The basic geographic unit in real estate
Q22: Real estate space markets are segmented for
Q24: The "kink point" in the real estate
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