Real Estate Math
A seller paid $310,000 for a home and is selling it for $387,500. What is the percentage gain?
A20%
B25%✓ Correct
C30%
D35%
Explanation
Gain = $387,500 − $310,000 = $77,500. Percentage gain = $77,500 ÷ $310,000 = 0.
Related Connecticut Real Estate Math Questions
- A Connecticut property's assessed value is $196,000 at a 70% assessment ratio. What is the market value?
- A Connecticut property sold for $625,000. The seller's attorney charges $1,500, the outstanding mortgage was $310,000, and the real estate commission was 5%. What are the seller's net proceeds?
- A Connecticut buyer qualifies for a $460,000 loan. They want to purchase at 80% LTV. What is the maximum purchase price they can afford based on the loan amount?
- A Connecticut buyer makes an all-cash offer of $445,000 on a home listed at $469,000. What percentage below the list price is the offer?
- A Connecticut salesperson earns a 2.5% buyer's agent commission on a $615,000 sale. The salesperson's broker takes 40%. What does the salesperson net?
- A buyer wants to put down 25% on a $520,000 house. How much is the down payment?
- A Connecticut property is listed at $425,000. The seller agrees to pay a 5.5% commission. What is the total commission paid at closing?
- A property has net operating income of $54,000 and a value of $675,000. What is the capitalization rate?
Practice More Connecticut Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Connecticut Quiz →