Corner Two-Bedroom Townhome
For Sale
$199,999
13 Kingsbridge Way, Little Rock, AR 72212
Residential, Traditional, Little Rock, AR
Property Size1,210 SF
Price / SF$165.29
Days on Market96
Property Features for 13 Kingsbridge Way
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
1
Half bathrooms
1
Rooms
Den, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2
Patio and Porch features
Patio, Porch
Interior features
Washer Connection, Dryer Connection-Electric, Window Treatments, Walk-In Closet(s), Built-Ins, Ceiling Fan(s), Walk-in Shower, Breakfast Bar
Exterior features
Patio, Porch, Fully Fenced, Outside Storage Area, Guttering, Wood Fence
Fencing
Wood, Full
Fireplace
1
Appliances
Electric Range, Dishwasher, Disposal, Ice Maker Connection
Subdivision
KINGSBRIDGE TWNHSE
Lot features
Level, Corner Lot, Wooded, Extra Landscaping, In Subdivision
Directions
PLEASANT VALLEY - PLATTE VALLEY DR- KINGSBRIDGE WAY
Standard status
Active
Size
1,210 SF
Taxes and HOA fees
Tax Description
APT/13
Tax Annual Amount
1954
HOA Fee
$350 Monthly
Legal Description
APT/13
Building Details
Year built
1974
Floors in Building
2
Flooring type
Tile, Carpet
Roof type
Composition
Architectural style
Other
Additional Structures
Storage
Listing Agency:
The Property Group
(501) 663-0505
Listed By:
Steele Strauss
(501) 517-4243
Added: Jun 11
Changed: Sep 13
Last Checked: Sep 14 at 6:06PM
MLS# 26023525
Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-bedroom townhome is set on a corner lot and includes iron fencing, a stone porch, French doors, and an overlooking balcony. Inside, the kitchen and dining area feature an island, electric range, refrigerator, and trash compactor. A cozy den with a wood-burning fireplace opens onto an enclosed patio with a storage area.
Upstairs, you’ll find two bedrooms, one bath, walk-in closets, and a dedicated laundry area. Community amenities include a pool, tennis courts, picnic area, and walking paths.
Overall, the layout pairs a fireplace-equipped den with enclosed outdoor space, while the upper level provides two bedrooms with walk-in closet storage and in-home laundry.
Upstairs, you’ll find two bedrooms, one bath, walk-in closets, and a dedicated laundry area. Community amenities include a pool, tennis courts, picnic area, and walking paths.
Overall, the layout pairs a fireplace-equipped den with enclosed outdoor space, while the upper level provides two bedrooms with walk-in closet storage and in-home laundry.
Key Highlights
- Corner lot 2‑bedroom townhome with iron fencing, stone porch, and overlooking balcony
- Kitchen includes island, electric range, refrigerator, dishwasher, disposal, and trash compactor
- Cozy den with wood‑burning fireplace opens to the enclosed patio with outside storage area
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$9,780
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.89%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$195,600
$195.6K
Cap Rate 7%
$139,714
$139.7K
Cap Rate 9%
$108,667
$108.7K
Market Conditions
NOI Build-Up for 1,210 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.9K $15.60/SF
− Vacancy
−$1.1K −$0.90/SF
EGI
$17.8K $14.70/SF
− OpEx
−$8.0K −$6.61/SF
NOI
$9.8K $8.08/SF
Area
Little Rock, AR
Vacancy
5.80%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$195,600
Cap Rate 7%
$139,714
Cap Rate 9%
$108,667
Alternative Uses
Best Use
Apartment 5plus
$139.7K
$122.3K – $163.0K
NOI $9,780 @ 7.0% cap · market cap 4.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.8K
$192.3K – $256.5K
NOI $15,387 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Explore this area
Business Placement
Demographics for 72212, AR
12,612
Population
5,469
Households
2.3
Avg Household Size
43
Median Age
72%
College-Educated
98%
High-School Grad
6.1 sq mi
ZIP Area
2,068
Density / Sq Mi
$116,310
Median Household Income
$66,158
Median Earnings
$1,089
Median Rent
$341,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - Two-bedroom townhome on a corner lot with an enclosed patio, wood-burning fireplace, and an overlooking balcony.
Where is this single family property located?
The property is located at 13 Kingsbridge Way Little Rock, AR.
What is the asking price?
The asking price for this property is $199,999.
What are key features of this property?
This property features: Corner lot 2‑bedroom townhome with iron fencing, stone porch, and overlooking balcony; Kitchen includes island, electric range, refrigerator, dishwasher, disposal, and trash compactor; Cozy den with wood‑burning fireplace opens to the enclosed patio with outside storage area
