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Updated about 8 years ago,
Asking for an average Cap Rate
Hello BP,
I have my eye on a property in Dutchess County NY. I wanted to know the average cap rate for the area, would that be a question I could ask the real estate agent I am working with? Or is what I just said completely unintelligent... Compared to all my other research, comparing Cap rates is the one area which I feel I am lacking.