3) After Robb's unexpected and almost immediate demise, his half brother Jon Snow inherits the building....

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3) After Robb's unexpected and almost immediate demise, his half brother Jon Snow inherits the building. Jon Snow knows nothing about real estate, but he does sense that the economic climate is changing. One indication of this is the valuation the probate court puts on the building. The value is 25% less than the price Ned paid for the building. Assuming rents and expenses are unchanged since the time Ned purchased the building, what is the current cap rate? 3) After Robb's unexpected and almost immediate demise, his half brother Jon Snow inherits the building. Jon Snow knows nothing about real estate, but he does sense that the economic climate is changing. One indication of this is the valuation the probate court puts on the building. The value is 25% less than the price Ned paid for the building. Assuming rents and expenses are unchanged since the time Ned purchased the building, what is the current cap rate?

Answer rating: 100% (QA)

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