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A percentage that shows the potential annual return on a real estate investment based on the property's income.
The cap rate helps investors quickly assess and compare the profitability of different property investments.
A higher cap rate suggests a potentially more profitable investment, though it should be considered alongside other financial metrics.
| Median | Mean | Mode |
|---|---|---|
5.5% | 6.1% | - |
| Location | Median | Mean | Mode |
|---|---|---|---|
| Parker Cove | 9.3% | 9.0% | - |
| Unknown | 5.4% | 6.0% | - |