Lakefront Residential Income
208 Daffodil Street, Hot Springs, AR 71913
For Sale
New
$324,900
Residential, Traditional, Hot Springs, AR
Property Size1,512 SF
Price / SF$214.88
Days on Market4
Property Features for 208 Daffodil Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Interior features
Exterior features
Fireplace
Appliances
Subdivision
Lot features
Elementary school
Middle school
High school
Directions
Standard status
Size
Taxes and HOA fees
Tax Description
Tax Annual Amount
HOA Fee
Legal Description
Utilities
Water front
Amenities
swimming pool
boardwalk
common areas
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
ESQ. Realty Group - Hot Springs
(501) 255-0509
Listed By:
Beau Durbin · License #PB00055248
(501) 609-6493
Added: Nov 6
Last Checked: Nov 9 at 9:06AM
MLS# 26044793
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.
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Investment Insights
Based on property information with market context.
This 1,512-square-foot Lake Hamilton condo has three bedrooms, two bathrooms, a dedicated dining room and a balcony with water views. The primary suite includes double vanities, a walk-in shower and a walk-in closet. The unit was built in 1984 and includes a fireplace, washer, dryer and kitchen appliances.
Community features include an inground pool, boardwalk and shared outdoor areas. New decks and roofs were installed throughout the complex. Located in Hot Springs, the property also offers access to shared lakeside amenities.
Community features include an inground pool, boardwalk and shared outdoor areas. New decks and roofs were installed throughout the complex. Located in Hot Springs, the property also offers access to shared lakeside amenities.
Key Highlights
- 1,512‑square‑foot condo with 3 bedrooms and 2 bathrooms
- Balcony with views of Lake Hamilton
- Primary suite features double vanities, a walk‑in shower and a walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,331
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,620
$186.6K
Cap Rate 7%
$133,300
$133.3K
Cap Rate 9%
$103,678
$103.7K
Market Conditions
NOI Build-Up for 1,512 SF
Gross rent
$18.1K $12.00/SF
− Vacancy
−$1.2K −$0.78/SF
EGI
$17.0K $11.22/SF
− OpEx
−$7.6K −$5.05/SF
NOI
$9.3K $6.17/SF
Area
Garland County, AR
Vacancy
6.50%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,620
Cap Rate 7%
$133,300
Cap Rate 9%
$103,678
Alternative Uses
Best Use
Apartment 5plus
$133.3K
$116.6K – $155.5K
NOI $9,331 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$276.5K
$242.0K – $322.6K
NOI $19,356 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
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Business Placement
Demographics for 71913, AR
46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Hot Springs, AR
Properties on Market for Residential income properties in Hot Springs
Frequently Asked Questions
What type of property is this?
Residential income property - A 3-bedroom, 2-bath residence pairs lake views with shared pool and boardwalk access.
Where is this residential income property located?
The property is located at 208 Daffodil Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 1,512‑square‑foot condo with 3 bedrooms and 2 bathrooms; Balcony with views of Lake Hamilton; Primary suite features double vanities, a walk‑in shower and a walk‑in closet
