1911 Cypress Place, Springdale, AR 72762
MULTI_FAMILY - Springdale, AR
- Added:
- Jul 9, 2024
- Days on Market:
- 728
- Last Refresh:
- Jul 6 at 10:06 am
Property Features for 1911 Cypress Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 2
- Parking features
- Garage
- Exterior features
- ConcreteDriveway
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 815-26075-000
- Size
- 2,400 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- W/2 LOT 19
- Tax Annual Amount
- 954
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Tile
- Building materials
- Brick, Cedar
- Roof type
- Shingle, Asphalt
Listing agent Will Schmidt License #PB00057734 (479) 521-2252
Listing office Arkansas Heritage Realty 36 E Center, AR (479) 521-2252
Listing date Jul 9, 2024
Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex property provides immediate rental income from both sides.
- Convenient location.
- Includes a garage for parking and storage.
- Central heating and central air conditioning.
- Durable exterior with brick and cedar construction.
- Features a concrete driveway.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.1k | $13.80 |
| − Vacancy | −$2.3k | −$0.94 |
| EGI | $30.9k | $12.86 |
| − OpEx | −$9.3k | −$3.86 |
| NOI | $21.6k | $9.00 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Springdale
- County
- Washington
- State
- Arkansas
- Longitude
- -94.155983
- Latitude
- 36.142437
