Updated Residential Income
New
For Sale
$264,900
113 Mountain Terrace Circle, Maumelle, AR 72113
Residential, Traditional, Contemporary, Maumelle, AR
Property Size1,428 SF
Lot Size0.09 Acres
Price / SF$185.50
Days on Market2
Property Features for 113 Mountain Terrace Circle
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Laundry Room, Bathroom 2, Bedroom 1, Bathroom 1
Parking features
Garage
Patio and Porch features
Patio
Interior features
Washer Connection, Washer-Stays, Dryer Connection-Electric, Dryer-Stays, Water Heater-Electric, Smoke Detector(s), Window Treatments, Walk-In Closet(s), Ceiling Fan(s), Walk-in Shower, Breakfast Bar, Kit Counter- Granite Slab
Exterior features
Patio
Fireplace
1
Appliances
Free-Standing Stove, Microwave, Electric Range, Dishwasher, Disposal, Pantry, Refrigerator-Stays, Ice Maker Connection
Subdivision
MOUNTAIN TERRACE ESTATES TOWNHOM
Lot features
Level, Extra Landscaping, In Subdivision
Directions
Maumelle Blvd to S Odom. Go approximately one mile and Turn into Mountain Terrace Estates. Go past roundabout. First townhome units at the corner of Mountain Terrace Circle. Turn right and make a left by the mailboxes. Parking is at the rear.
Standard status
Active
APN
42M0251000166
Size
1,428 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Lot 19A, Block 0
Tax Annual Amount
2433
HOA Fee
$310 Monthly
Legal Description
Lot 19A, Block 0
Amenities
pool
community room
washer/dryer
Building Details
Year built
2006
Floors in Building
1
Flooring type
Wood, Tile
Roof type
Shingle
Architectural style
Contemporary, Other
Listing Agency:
CBRPM Group · Coldwell Banker Real Estate
(501) 664-1775
Listed By:
Stephanie Hurst
(501) 413-0253
Added: Sep 2
Last Checked: Sep 3 at 5:06AM
MLS# 26035911
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 1428-square-foot contemporary residential income property at 113 Mountain Terrace Circle features wood and tile flooring, a neutral interior palette, granite countertops, recessed lighting, and under-cabinet lighting. The residence includes two bedrooms, two bathrooms, a laundry room, walk-in storage, a full walk-in pantry, breakfast bar, and a fireplace. A two-car garage adds vehicle and storage capacity, while the oversized front patio provides outdoor space. The electric water heater was installed in 2024.
Washer, dryer, and refrigerator convey with the property, along with a free-standing stove, microwave, dishwasher, disposal, and electric range. HOA-covered exterior maintenance includes the roof, lawn care, and siding. Residents also have access to a neighborhood pool and community room. The property is located in Maumelle, Arkansas, within Pulaski County.
Washer, dryer, and refrigerator convey with the property, along with a free-standing stove, microwave, dishwasher, disposal, and electric range. HOA-covered exterior maintenance includes the roof, lawn care, and siding. Residents also have access to a neighborhood pool and community room. The property is located in Maumelle, Arkansas, within Pulaski County.
Key Highlights
- 1428 square feet with a contemporary architectural style
- Two bedrooms, two bathrooms, laundry room, pantry, and walk‑in closets
- Two‑car garage plus oversized front patio
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
$10,743
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
4.06%
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%
$214,860
$214.9K
Cap Rate 7%
$153,471
$153.5K
Cap Rate 9%
$119,367
$119.4K
Market Conditions
NOI Build-Up for 1,428 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
$20.7K $14.52/SF
− Vacancy
−$1.2K −$0.84/SF
EGI
$19.5K $13.68/SF
− OpEx
−$8.8K −$6.16/SF
NOI
$10.7K $7.52/SF
Area
Pulaski County, AR
Vacancy
5.80%
Lease Rate
$14.52 /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%
$214,860
Cap Rate 7%
$153,471
Cap Rate 9%
$119,367
Alternative Uses
Best Use
Apartment 5plus
$153.5K
$134.3K – $179.1K
NOI $10,743 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.4K
$238.3K – $317.8K
NOI $19,067 @ 7.0% cap · market cap 7.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 72113, AR
25,930
Population
12,260
Households
2.1
Avg Household Size
38
Median Age
46%
College-Educated
96%
High-School Grad
26.3 sq mi
ZIP Area
986
Density / Sq Mi
$72,054
Median Household Income
$46,212
Median Earnings
$1,084
Median Rent
$275,800
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Contemporary residence with granite counters, HOA-maintained exterior, and community pool access.
Where is this residential income property located?
The property is located at 113 Mountain Terrace Circle Maumelle, AR.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: 1428 square feet with a contemporary architectural style; Two bedrooms, two bathrooms, laundry room, pantry, and walk‑in closets; Two‑car garage plus oversized front patio
