Norfolk cap rate
The cap rate in Norfolk is 4.3%, ranking #861 of 3,071 U.S. counties. Updated monthly and free to explore.
Cap rate
4.3%
Ranks #861 of 3,071 U.S. counties, in the top 28%.
- vs. national median3.4%Norfolk is higher than the U.S. median
- vs. Virginia median3.9%Norfolk is higher than the Virginia 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.
Norfolk cap rate: common questions
What is the cap rate in Norfolk?
The cap rate in Norfolk is 4.3%, which ranks #861 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 higher than the U.S. median of 3.4%, putting it in the top 28% of U.S. counties.
How does Norfolk compare with the rest of Virginia?
Norfolk is higher than the Virginia median of 3.9%.
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.