Residential Income Property
9 Sand Trap Drive, Maumelle, AR 72113
For Sale
$359,000
Residential, Traditional, Maumelle, AR
Property Size2,768 SF
Lot Size0.10 Acres
Price / SF$129.70
Days on Market51
Property Features for 9 Sand Trap Drive
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking features
Interior features
Fireplace
Appliances
Subdivision
Lot features
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Amenities
balcony
fireplace
skylights
private patio
double garage
Building Details
Year built
Floors in Building
Flooring type
Roof type
Architectural style
Listing Agency:
Anchor & Oak Realty Group
(501) 425-4515
Listed By:
Denise Cunningham
(501) 425-5124
Added: Sep 23
Changed: Nov 2
Last Checked: Nov 12 at 7:06AM
MLS# 26038866
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 2,768-square-foot condo has a main-level primary bedroom, two upstairs bedrooms, and an upstairs room suited to office or playroom use. The living area includes a fireplace and skylights, with a balcony overlooking the room below. A private patio and double garage are also part of the property; the garage door was replaced in 2026.
The condo is situated on the fifth green at Maumelle Country Club. The property has no HOA. Built in 1985, it sits on a 0.1-acre lot.
The condo is situated on the fifth green at Maumelle Country Club. The property has no HOA. Built in 1985, it sits on a 0.1-acre lot.
Key Highlights
- 2,768‑square‑foot condo on a 0.1‑acre lot
- Positioned on the fifth green at Maumelle Country Club
- Primary bedroom on the main level; two additional bedrooms upstairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,823
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,460
$416.5K
Cap Rate 7%
$297,471
$297.5K
Cap Rate 9%
$231,367
$231.4K
Market Conditions
NOI Build-Up for 2,768 SF
Gross rent
$40.2K $14.52/SF
− Vacancy
−$2.3K −$0.84/SF
EGI
$37.9K $13.68/SF
− OpEx
−$17.0K −$6.16/SF
NOI
$20.8K $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 Rate 5%
$416,460
Cap Rate 7%
$297,471
Cap Rate 9%
$231,367
Alternative Uses
Best Use
Apartment 5plus
$297.5K
$260.3K – $347.1K
NOI $20,823 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$528.0K
$462.0K – $616.0K
NOI $36,960 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
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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
$275,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Pulaski County, AR
Properties on Market for Residential income properties in Pulaski County
Frequently Asked Questions
What type of property is this?
Residential income property - Two-level condo features a main-floor primary bedroom, private patio, and attached double garage.
Where is this residential income property located?
The property is located at 9 Sand Trap Drive Maumelle, AR.
What is the asking price?
The asking price for this property is $359,000.
What are key features of this property?
This property features: 2,768‑square‑foot condo on a 0.1‑acre lot; Positioned on the fifth green at Maumelle Country Club; Primary bedroom on the main level; two additional bedrooms upstairs
