This is part $2$ of a $4-$part question, so you should save your answer. A property had NOI of $$1,600,000$ in its first year $($Year $0)$ of its existence. Assume that its NOI grows by $5\%$ in Year $1,4\%$ in Year $2,3\%$ in Year $3$ and $2\%$ in Year $4.$ Using the sales of comparables approach and an expected return of $11\%,$ what is the estimated sale price of the property at the end of Year $3?$ Assume that property was $1-$year old at the beginning of Year $1.$ Use three comparables from table of comparables below to calculate your answer. Note that this asks only for the sale price $($not the PV of the sale price$).$

$\backslash$table$[[$Age$,$NOI,Price$],[1,$$$630,000,$$$7,000,000$