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Updated almost 3 years ago, 02/09/2022

User Stats

170
Posts
55
Votes
Jon Fletcher
55
Votes |
170
Posts

Newburgh, NY Cap Rates

Jon Fletcher
Posted

What kind of cap rates are people seeing in Newburgh, NY today? Back in 2019 it was about 9% or 10%. Now it seems seriously compressed to as low as 6%. I'm not sure if this is what things are actually trading at, or just what Sellers are looking for. What are your thoughts?

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