Norfolk cap rate
The cap rate in Norfolk is 2.3%, ranking #2,438 of 3,071 U.S. counties. Updated monthly and free to explore.
Cap rate
2.3%
Ranks #2,438 of 3,071 U.S. counties, in the top 79%.
- vs. national median3.4%Norfolk is lower than the U.S. median
- vs. Massachusetts median2.6%Norfolk is lower than the Massachusetts median
What cap rate means
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.
Norfolk cap rate: common questions
What is the cap rate in Norfolk?
The cap rate in Norfolk is 2.3%, which ranks #2,438 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the cap rate in Norfolk above or below the national average?
Norfolk is lower than the U.S. median of 3.4%, putting it in the top 79% of U.S. counties.
How does Norfolk compare with the rest of Massachusetts?
Norfolk is lower than the Massachusetts median of 2.6%.
What does cap rate mean?
Capitalization rate estimates the annual return on a rental property before financing: gross rent divided by purchase price. Higher cap rates mean stronger cash flow relative to price, which investors weigh against appreciation potential and risk. We estimate it from local rents and home values; verify against an actual listing before underwriting a deal.