1616 MalcolmNewport, AR 72112

  • Residential income homes
  • 6,247 SF
Off market
$4,067,550 Estimated

Property Details for 1616 Malcolm

Year built
1950
Lot size
0.41 AC
Property size (Sq ft)
6,247 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
013-01875-001
APU
1301875001

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,979,300
    6.5%
    $1,827,040
    7%
    $1,696,540
  • Comparable approach

    Method
    Valuation
    Relative Method
    $569,809
    Geo Method
    $569,809
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,934,890
    Retail / Commercial
    $1,506,200
    Mixed-Use / Specialty
    $1,501,770
    Hospitality / Lodging
    $1,103,030
    Office
    $1,493,840
    Institutional / Educational
    $1,561,580
    Multifamily
    $2,186,020
    Automotive / Energy
    $1,338,490
    Parking / Income-Based Land
    $460,964
    Restaurant / Food Service
    $783,102
    Healthcare / Senior Housing
    $1,539,070

Location Insight

City
Newport
County
Jackson
State
Arkansas
Latitude
35.6055
Longitude
-91.2591

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,299
$6,130
$18,850
$24,980
-
$30,650
$94,250
$124,900

FAQs

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