Providence cap rate
The cap rate in Providence is 3.0%, ranking #1,895 of 3,071 U.S. counties. Updated monthly and free to explore.
Cap rate
3.0%
Ranks #1,895 of 3,071 U.S. counties, in the top 62%.
- vs. national median3.4%Providence is lower than the U.S. median
- vs. Rhode Island median2.8%Providence is higher than the Rhode Island 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.
Providence cap rate: common questions
What is the cap rate in Providence?
The cap rate in Providence is 3.0%, which ranks #1,895 of 3,071 U.S. counties. Curb Report updates this monthly and it is free to view.
Is the cap rate in Providence above or below the national average?
Providence is lower than the U.S. median of 3.4%, putting it in the top 62% of U.S. counties.
How does Providence compare with the rest of Rhode Island?
Providence is higher than the Rhode Island median of 2.8%.
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.