Your property, priced as an asset
Your capitalization rate is net operating income divided by what the property is worth — before any mortgage. It is how the market prices income property, so it is the one number that compares directly to what other property types are trading at.
Source: CBRE Q2 2026 net-lease survey and CBRE H1 2026 Cap Rate Survey. National averages for stabilized, institutional-quality assets; individual properties and markets vary widely.
Owned, not run
Multifamily, net lease and industrial are institutional asset classes. Individual owners generally hold them through professionally managed structures rather than by buying and operating them directly — the tenants, the repairs, the leasing and the reporting are somebody else’s job. Which of these is available to you, and on what terms, depends on your situation and is a conversation rather than a calculator.
What this is and is not. A cap rate measures what a property yields at its price. It is a market pricing benchmark, not a projection, not a forecast, and not a representation of what any particular investment would pay you. Your own figure above is calculated from the numbers you entered.