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All Blog Entries by Tyler Gracey

 

 

 

 

 

 

 

 

 

 

 

Found 4 blog entries published by Tyler Gracey.

 

| What is a Cap Rate? | 

A metric used to gauge the approximate risk and rate of return on an income-producing asset, assuming the investor paid cash.  A cap rate is expressed as a percentage and derived by dividing the Net Operating Income (NOI) by the sales price or current market value.

Formula: Capitalization Rate = Net Operating Income / Current Market Value

Example:

Net Operating Income: $150,000

Current Market Value: $2,000,000 

Net Operating Income ($150,000) / Sales Price ($2,000,000) = 7.5% Cap Rate

 

In short, this means that you would have an approximate return of 7.5% if you paid cash for the property.

You may ask, is this an effective way to value a property? 

There are a handful of variables that are

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It is 2020, and we live in a world that thrives on the desire for instant gratification. Over the years, technological advancements have shaped the landscape in which we live and operate on a daily basis. For many of us, these changes in technology have improved our way of life by allowing us to become more efficient in ways that are constantly changing and improving. We can order nearly anything under the sun and it’s delivered to our doorstep within hours. We can FaceTime with our family and friends on the opposite end of the world within seconds. Need a ride? An Uber or Lyft driver is there within minutes. Don’t want to wait in line at Starbucks?  Cool, place a mobile order through their app and skip the line. As quickly as we can think of what we

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Mahatma Gandhi once said, “In the midst of darkness, light persists”.  I have taken these words to heart over the last couple of days, while observing the reactions to COVID-19 and how this global pandemic has impacted our world. Whether talking about the virus directly in terms of our health, our global economy, stock markets and retirement accounts, local business and municipality closures or the flash flood of mass hysteria relating to these events; we can all agree that a sense of darkness has set into many of our lives over the last couple of weeks.

Uncertainty can cultivate an influx of emotion and different states of being. It can often feel as if we are caught in the undertow of life, unable to decipher which direction is up. During that

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A Boater’s Sanctuary

As a lifelong resident of the Connecticut Shoreline, it comes with great pleasure to shine light on a hidden gem within our local community.  Growing up in and around the boating & fishing world, I have always been drawn to marinas and all that comes with that space.   The distinct sights, sounds and smells are truly part of the lifestyle that is enjoyed by many, including myself. As a commercial real estate professional, it comes as no surprise that a large area of focus and specialization in my business is the acquisition and disposition of marina properties.  With that in mind, I’d like to share with you Riverside Basin Marina located at 41-49 Riverside Drive in Clinton, Connecticut.

Riverside Basin Marina (RBM) is a 9.7

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