Residential Income Property with Covered
For Sale
$199,500
4701 Antosh Circle, Jonesboro, AR 72401
CONDOS - Jonesboro, AR
Property Size1,253 SF
Price / SF$159.22
Days on Market88
Property Features for 4701 Antosh Circle
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Carport
Patio and Porch features
Patio
Interior features
Washer Connection, Dryer Connection-Electric, Water Heater-Gas, Window Treatments, Ceiling Fan(s), Walk-in Shower
Exterior features
Patio, Guttering, Covered Patio
Appliances
Microwave, Electric Range, Dishwasher, Pantry
Subdivision
Not In List
Lot features
Level, In Subdivision
Directions
South on Stadium Blvd, Turn left on Antosh
Standard status
Active
Size
1,253 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
See Agent Remarks
Tax Annual Amount
1551
HOA Fee
$150 Monthly
Legal Description
See Agent Remarks
Amenities
covered patio
Building Details
Year built
2022
Floors in Building
1
Flooring type
Vinyl
Roof type
Shingle
Architectural style
Other
Listing Agency:
Arkansas Elite Realty · EXIT Realty
(870) 938-0123
Listed By:
Connie Lindemann
(870) 243-5944
Added: May 25
Changed: Aug 18
Last Checked: Aug 20 at 10:06PM
MLS# 26021008
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 residential income property is a 1,253-square-foot condo with three bedrooms and two full bathrooms. Its interior includes an open-concept living area with vaulted ceilings, white cabinetry, granite countertops, a pantry, and luxury vinyl plank flooring. Additional features include window treatments, ceiling fans, a walk-in shower, and washer and electric dryer connections. The kitchen is equipped with a microwave, electric range, and dishwasher.
Built in 2022, the property has an all-brick exterior, shingle roof, gutters, covered patio, wood plank privacy divider, and carport parking. City utilities serve the residence, which is located at 4701 Antosh Circle in Jonesboro, Arkansas. The property also includes a gas water heater and contemporary white interior paint.
Built in 2022, the property has an all-brick exterior, shingle roof, gutters, covered patio, wood plank privacy divider, and carport parking. City utilities serve the residence, which is located at 4701 Antosh Circle in Jonesboro, Arkansas. The property also includes a gas water heater and contemporary white interior paint.
Key Highlights
- 1,253 SF condo with 3 bedrooms and 2 full bathrooms
- Built in 2022 with an all‑brick exterior and shingle roof
- Open‑concept interior with vaulted ceilings and luxury vinyl plank flooring
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
$7,516
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
3.77%
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%
$150,320
$150.3K
Cap Rate 7%
$107,371
$107.4K
Cap Rate 9%
$83,511
$83.5K
Market Conditions
NOI Build-Up for 1,253 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
$14.6K $11.64/SF
− Vacancy
−$919 −$0.73/SF
EGI
$13.7K $10.91/SF
− OpEx
−$6.1K −$4.91/SF
NOI
$7.5K $6.00/SF
Area
Craighead County, AR
Vacancy
6.30%
Lease Rate
$11.64 /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%
$150,320
Cap Rate 7%
$107,371
Cap Rate 9%
$83,511
Alternative Uses
Best Use
Apartment 5plus
$107.4K
$94.0K – $125.3K
NOI $7,516 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.4K
$192.0K – $255.9K
NOI $15,356 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 72401, AR
43,127
Population
19,328
Households
2.2
Avg Household Size
33
Median Age
23%
College-Educated
89%
High-School Grad
88.5 sq mi
ZIP Area
487
Density / Sq Mi
$43,412
Median Household Income
$32,970
Median Earnings
$897
Median Rent
$185,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom condo with an open living area, granite kitchen counters, and low-maintenance vinyl flooring.
Where is this residential income property located?
The property is located at 4701 Antosh Circle Jonesboro, AR.
What is the asking price?
The asking price for this property is $199,500.
What are key features of this property?
This property features: 1,253 SF condo with 3 bedrooms and 2 full bathrooms; Built in 2022 with an all‑brick exterior and shingle roof; Open‑concept interior with vaulted ceilings and luxury vinyl plank flooring
