Question: Using the Cap Rate method, estimate the value for the Subject Building based on the following comparable sales. The sales are all very similar to

Using the Cap Rate method, estimate the value for the Subject Building based on the following comparable sales. The sales are all very similar to the building you are considering and around the same time frame.

(Round to the nearest dollar and use no punctuation. For a value of $4,000,000.00 enter 4000000)

Comp Sale	Sale Price	Gross Rents	Operating Expenses
Comp A	$1000000	$120000	$45000
Comp B	$2450000	$340000	$120000
Comp C	$4625000	$610000	$215000
Subject Bldg	Value???	$665000	$350000

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