Free Tool

Cap Rate Calculator

Calculate the capitalization rate on any commercial property. Cap rate = NOI ÷ Property Value.

Enter property details

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Gross income minus operating expenses, before debt service.
or calculate NOI from income & expenses
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Property tax, insurance, maintenance, management, utilities.
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Enter a property value and NOI to see your cap rate.

What is cap rate?

Capitalization rate measures a property's annual return as a percentage of its value. A 7% cap rate means the property generates 7 cents of net income for every dollar of value.

Higher cap rate = higher return relative to price, but typically higher risk. Lower cap rate = lower return, but usually in stronger markets or better-quality assets.

Cap rates in Eastern North Carolina typically range from 5% to 10% depending on property type, location, and condition. Class A office in Greenville trades differently than flex industrial in Kinston.

Cap rate is a starting point, not the whole picture. For a complete investment analysis — including rent roll review, expense verification, and market positioning — schedule a conversation.

Numbers are a starting point. Strategy is what closes deals.

Bring your numbers to a 15-minute call. I'll tell you what the market says they're worth.

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