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Please Explain Capped Value To Me

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  • Wednesday, February 02, 2005 @ 01:55 PM EST
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What does capped value mean? The market value on the property is 53,000
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  • mboysen
    mboysen2nd February, 2005
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    Actually, I should clarify. You would take the annual NOI (Net Operating Income) and cap it.

    Correct?
    [addsig]

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