The item that is LEAST likely to be considered in establishing the value of a property by the sales comparison approach is capitalization rate.
This is usually associated with real estate, which is the returns on investment or properties hence helps in evaluating a real estate investment. it is the percentage rate of return that a property will produce on the owner's investment.
In other words, capitalized interest refers to interest that is added to some kind of debt and that is included in current balance accounts, as opposed to waiting to figure in the cost of interest.
The capitalization rate are measures, used to estimate and compare the rates of return on multiple commercial real estates, which is calculated as the ratio between the annual rental income produced by a real estate asset to its current market value.
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