A very strong cap rate on this Maine inn for sale! And WHAT IS A CAP RATE ANYWAY?
Cap rate, (capitalization rate), is a rate that helps us value a real estate investment. Cap rate equals the net operating income (NOI) divided by the purchase price. The cap rate shows the potential rate of return on the investment. So the higher the cap rate, the better. With me so far? Let me take […]
A very strong cap rate on this Maine inn for sale! And WHAT IS A CAP RATE ANYWAY? Read More »