Remodeled Golf Course
For Sale
$379,000
26 Algonquin Drive, Cabot, AR 72023
Residential, Traditional, Townhouse, Cabot, AR
Property Size2,332 SF
Price / SF$162.52
Days on Market128
Property Features for 26 Algonquin Drive
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Great Room, Bathroom 1, Bedroom 2, Laundry Room
Parking features
Garage
Patio and Porch features
Deck
Exterior features
Deck, Fully Fenced, Iron Fence
Fencing
Full, Fenced
Fireplace
1
Appliances
Microwave, Gas Range, Dishwasher, Disposal, Refrigerator-Stays
Subdivision
ALGONQUIN WOODS
Lot features
Sloped, Cul-de-sac, Golf View
Directions
From Hwy 5, take Greystone Blvd. At the round a bout, take the 2nd exit. Turn left onto Algonquin Drive. 26 Algonquin Drive is on the left in the Cul-de-sac.
Standard status
Active
Size
2,332 SF
Taxes and HOA fees
Tax Description
Lot: W 1/2 Of 3 Lonoke Co
Tax Annual Amount
1625
HOA Fee
$175 Monthly
Legal Description
Lot: W 1/2 Of 3 Lonoke Co
Amenities
beautifully remodeled kitchen
primary bathroom with Taj Mahal Quartzite countertops and high-end finishes
spacious back deck
Building Details
Year built
2002
Floors in Building
1
Flooring type
Wood, Tile
Roof type
Shingle
Architectural style
Other
Listing Agency:
Back Porch Realty
(501) 600-7653
Listed By:
Lynn Longing
(501) 288-0543
Added: May 4
Changed: Sep 6
Last Checked: Sep 8 at 2:06PM
MLS# 26017869
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 duplex property offers 2,332 square feet of residential space with a 2002 construction date and a layout that includes three bedrooms, two bathrooms, a great room, and a laundry room. Interior features include wood and tile flooring, a fireplace, and a remodeled kitchen and primary bathroom with Taj Mahal Quartzite countertops. The kitchen includes a gas range, dishwasher, disposal, microwave, and refrigerator that stays.
Outdoor features include a spacious deck, full fencing, and an iron fence. The property is positioned along the 7th green on a quiet cul-de-sac at 26 Algonquin Drive in Cabot, with golf course views and no through traffic. A garage provides on-site parking.
Outdoor features include a spacious deck, full fencing, and an iron fence. The property is positioned along the 7th green on a quiet cul-de-sac at 26 Algonquin Drive in Cabot, with golf course views and no through traffic. A garage provides on-site parking.
Key Highlights
- 2,332‑square‑foot duplex property built in 2002
- Three bedrooms, two bathrooms, great room, and laundry room
- Remodeled kitchen and primary bathroom with Taj Mahal Quartzite countertops
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
$21,286
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
5.62%
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%
$425,720
$425.7K
Cap Rate 7%
$304,086
$304.1K
Cap Rate 9%
$236,511
$236.5K
Market Conditions
NOI Build-Up for 2,332 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
$32.2K $13.80/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$30.4K $13.04/SF
− OpEx
−$9.1K −$3.91/SF
NOI
$21.3K $9.13/SF
Area
Lonoke County, AR
Vacancy
5.51%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
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%
$425,720
Cap Rate 7%
$304,086
Cap Rate 9%
$236,511
Alternative Uses
Best Use
Multifamily LT 5
$304.1K
$266.1K – $354.8K
NOI $21,286 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$269.3K
$235.6K – $314.1K
NOI $18,848 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$474.8K
$415.5K – $554.0K
NOI $33,237 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
21
Businesses Nearby
Explore this area
Business Placement
Demographics for 72023, AR
37,321
Population
14,901
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
94%
High-School Grad
98.2 sq mi
ZIP Area
380
Density / Sq Mi
$76,157
Median Household Income
$45,363
Median Earnings
$978
Median Rent
$202,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated interiors, outdoor entertaining space, and a fully fenced setting support comfortable residential income use.
Where is this duplex located?
The property is located at 26 Algonquin Drive Cabot, AR.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 2,332‑square‑foot duplex property built in 2002; Three bedrooms, two bathrooms, great room, and laundry room; Remodeled kitchen and primary bathroom with Taj Mahal Quartzite countertops
