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  1. #1
    Eruption msr316's Avatar
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    Default Anyone a Real Estate Agent or broker here??

    I'm studing for my real estate license test and I have a question I need help on. Its a Capitalization Rate question thats driving me crazy!!!!!

    Heres the question :


    An office building is valued at $360,000 and the appraiser used a 9% capitalization rate. What would the value be if the appraiser used an 8% capitalization rate instead?

    I've got the answer from a pre-test but I don't remember how to get the answer. So if you know how to do it can you please explain how!!!

    Thanks
    Sean

  2. #2
    Unchained scherb's Avatar
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    06.12.17 @ 10:40 AM
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    Estimated market value = Net operating Income / Cap rate

  3. #3
    Damage your reputation seenbad's Avatar
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    12.15.17 @ 10:48 AM
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    Why even have school when you have vhlinks.com? You can get an answer to purdy much any ole' thang here.
    sheepa latta peepah dabba looka foh a moopy

    Gunter glieben glauchen globen

  4. #4
    Eruption msr316's Avatar
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    Default

    Quote Originally Posted by scherb
    Estimated market value = Net operating Income / Cap rate
    Thanks!!

  5. #5
    Romeo Delight
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    12.03.11 @ 04:44 PM
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    Default

    Quote Originally Posted by scherb
    Estimated market value = Net operating Income / Cap rate
    Hey scherb, what do you do in NY?
    I'm a mortgage banker here on Long Island.
    "It says one hundred percent guaranteed you moron"
    "Mister if you don't shut up I'm gonna kick one hundred percent of your ass!"

  6. #6
    Unchained scherb's Avatar
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    Quote Originally Posted by IamNOTed,alex,mike,orDave
    Hey scherb, what do you do in NY?
    I'm a mortgage banker here on Long Island.
    Cool. NYC is the best man.
    I actually live in the Albany area (originally from the Finger Lakes).
    I work as an accountant for a division of Sprint. Boring ass work, but its a means to an end.

  7. #7
    Sinner's Swing! chewbaccamonkeylunch's Avatar
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    02.16.16 @ 06:50 AM
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    I didn't pass the math part on the State Real Estate Exam.......fookin hard ass questions!! Multiplication and shit!
    The trashman was my hero.......
    -Seenbad

  8. #8
    Eruption msr316's Avatar
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    Quote Originally Posted by chewbaccamonkeylunch
    I didn't pass the math part on the State Real Estate Exam.......fookin hard ass questions!! Multiplication and shit!

    I take my state test either saturday or next tuesday!! I'm hoping I can remember everything when i get there!!

 

 

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