Tompkins cap rate
The cap rate in Tompkins is 3.4%, ranking #1,592 of 3,071 U.S. counties. Updated monthly and free to explore.
Cap rate
3.4%
Ranks #1,592 of 3,071 U.S. counties, in the top 52%.
- vs. national median3.4%Tompkins is lower than the U.S. median
- vs. New York median3.3%Tompkins is higher than the New York median
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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.
Tompkins cap rate: common questions
What is the cap rate in Tompkins?
The cap rate in Tompkins is 3.4%, which ranks #1,592 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the cap rate in Tompkins above or below the national average?
Tompkins is lower than the U.S. median of 3.4%, putting it in the top 52% of U.S. counties.
How does Tompkins compare with the rest of New York?
Tompkins is higher than the New York median of 3.3%.
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.