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Real Estate Deal Analysis & Advice

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Lori Marra
  • Landlord
  • Rochester, NY
3
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9
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How can I find the cap rate for an area?

Lori Marra
  • Landlord
  • Rochester, NY
Posted Oct 2 2015, 06:14

I'm thinking about selling one of my properties on my own and I'm not a real estate agent. How can I find the cap rate for my area? Is there a way for me to get comps and figure it out for myself? I'm finding it impossible to find the area cap rate without being a real estate agent. I know my NOI and have set a price with a cap rate, but I'd really like to know what the cap rate for my zip code/area is on this rental. Thanks in advance for any help.

Lori

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