Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

College Rentals Multi Family Properties Newer Townhouses Upscale Townhouses Slightly Older Townhouses Foreclosures Bank Owned Properties
NORTHFIELD ESTATES
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
northfield estates
Sales Per Year....
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  3  (ytd)
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2013 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
 
Median Sales Price....
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $131,900
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $119,500
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $112,250
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $116,000
2013 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $124,900


Sample Northfield Estates Investment Analysis....
Property Details
Purchase Price $133,700 based on median sales price
 
Income (Annual)
Monthly Rental Rate $775 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $8,928     
 
Expense (Annual)
Real Estate Taxes $1,043 estimate based on median sales price
Repairs $388 estimate based on typical property condition
Association Dues $336 estimated to be $28 per month
Property Management $0 assuming self management
Insurance $481 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $2,348  
 
Cash Flow Before Tax
Gross Operating Income $8,928  
 - Operating Expenses  - $2,348  
Net Operating Income $6,580     
 - Annual Debt Service  - $6,936 financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes    $-356     
Sales in the Past 36 Months....
May 18, 2017 412 Glenfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,360 SF $149,900 photos
Feb 14, 2017 405 Glenfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 560 SF $126,000  
Jan 11, 2017 813 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $131,900 photos
Dec 16, 2016 891 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $124,000 photos
Nov 18, 2016 651 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,320 SF $135,500 photos
Oct 28, 2016 855 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 2,303 SF $141,500 photos
Jun 15, 2016 922 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,080 SF $115,000 photos
Apr 25, 2016 920 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,080 SF $112,500 photos
Apr 7, 2016 721 Northfield Ct, Harrisonburg, VA 22801 3 BR 2 BA 1,508 SF $102,750 photos
Dec 22, 2015 408 Washington St, Harrisonburg, VA 22801 3 BR 2.5 BA 1,810 SF $134,000 photos
Nov 4, 2015 655 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,320 SF $105,000 photos
Oct 22, 2015 408 Northfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,154 SF $96,000 photos
Jul 28, 2015 865 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,836 SF $136,700 photos
May 14, 2015 875 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $119,500 photos
Apr 1, 2015 400 Glenfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,146 SF $85,000 photos
Nov 21, 2014 414 Glenfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,360 SF $130,000 photos
Nov 14, 2014 761 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,801 SF $105,000 photos
Oct 23, 2014 765 Northfield Ct, Harrisonburg, VA 22801 2 BR 2 BA 1,836 SF $116,000 photos
Aug 18, 2014 737 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,486 SF $120,000 photos
Jul 15, 2014 669 Northfield Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 1,980 SF $135,000 photos
Current Listings....

667 Northfield Ct
2 Beds  •  2 Baths  •  1 Half Baths
1,857 livable square feet
$149,900 (For Sale)
Listing By: Williams & Associates
Neighborhood Map....
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.

 
Site Content and Analysis provided by Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
 
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401 University Blvd Harrisonburg, VA 22801

 

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