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A commercial property is anticipate to generate a net operating income (NOI) of $13,000. The property is currently valued at $198,000. If the property's

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A commercial property is anticipate to generate a net operating income (NOI) of $13,000. The property is currently valued at $198,000. If the property's capitalization rate (cap rate) declines by 0.8 percentage points, what is the revised market value of this property? A rental property is anticipated to produce an annual net operating income (NOI) of $5,970. Given that the current market capitalization rate (Cap Rate) is 6.0%, what would be the estimated market value of this property?

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