Question: Consider the data in Table A of the appendix to this exam. Assume that the property you wish to value has, over the indefinite (infinite)

 Consider the data in Table A of the appendix to this

Consider the data in Table A of the appendix to this exam. Assume that the property you wish to value has, over the indefinite (infinite) future, an effective annual gross income of $53,000.00 and a stabilized annual NOI of $27,500.00 Using the average cap rate method, your estimate for the market value of the property is approximately $335, 890.00 $322,625.70 $345, 600.60 $312, 600.70 $358, 600.80 Consider the data in Table A of the appendix to this exam. Assume that the property you wish to value has, over the indefinite (infinite) future, an effective annual gross income of $53,000.00 and a stabilized annual NOI of $27,500.00 Using the average cap rate method, your estimate for the market value of the property is approximately $335, 890.00 $322,625.70 $345, 600.60 $312, 600.70 $358, 600.80

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