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Updated over 5 years ago on . Most recent reply

Jonathan Hardy's profile image
Jonathan Hardy's profile image
Jonathan Hardy
  • Rental Property Investor
  • from Chicago, IL
  • Member since Sep 30, 2019
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17
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2
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Jonathan Hardy's profile image
Jonathan Hardy's profile image
Jonathan Hardy
  • Rental Property Investor
  • from Chicago, IL
  • Member since Sep 30, 2019
Connect
Jonathan Hardy
  • Rental Property Investor
  • Chicago, IL
2
Votes |
17
Posts
General Real Estate Investing

Local Capitalization Rates

Jonathan Hardy
  • Rental Property Investor
  • Chicago, IL
Posted

Hi Everyone,

I have a question about capitalization rates. I'm think I'm comfortable with calculating the Cap rate for a single multi-family property:

Cap Rate = Net Operating Income / Value

What is the best ways to determine the Cap rate of a particular market? Do investors typically ask a real estate agent or broker for this information, or is there a way I can get this information on my own? 

Thanks!

Jon

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