Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
HarrisonburgInvestmentProperties.com
 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
STONEWALL HEIGHTS
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
stonewall heights
Sales Per Year....
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  8  (ytd)
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  5
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 $142,000
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $133,000
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $120,000
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $139,500
2013 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $133,000


Sample Stonewall Heights Investment Analysis....
Property Details
Purchase Price $142,000 based on median sales price
 
Income (Annual)
Monthly Rental Rate $900 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $10,368     
 
Expense (Annual)
Real Estate Taxes $1,108 estimate based on median sales price
Repairs $450 estimate based on typical property condition
Association Dues $420 estimated to be $35 per month
Property Management $0 assuming self management
Insurance $511 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $2,589  
 
Cash Flow Before Tax
Gross Operating Income $10,368  
 - Operating Expenses  - $2,589  
Net Operating Income $7,779     
 - Annual Debt Service  - $7,368 financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes    $411     
Sales in the Past 36 Months....
Oct 10, 2017 2370 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,000 SF $139,000 photos
Sep 22, 2017 621 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,214 SF $145,000 photos
Aug 28, 2017 659 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,214 SF $128,000 photos
Aug 22, 2017 639 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,200 SF $143,000 photos
Aug 4, 2017 2394 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,500 SF $146,000 photos
Jul 7, 2017 2360 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,500 SF $142,000 photos
Apr 28, 2017 689 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,680 SF $139,900 photos
Apr 20, 2017 631 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,214 SF $142,000 photos
Oct 27, 2016 2323 Breckenridge Ct, Harrisonburg, VA 22801 4 BR 2.5 BA 1,700 SF $146,000 photos
Oct 14, 2016 2350 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $128,000 photos
Sep 30, 2016 2315 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $139,000 photos
Sep 1, 2016 2355 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $135,000 photos
Aug 15, 2016 2382 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,355 SF $133,000 photos
Jul 12, 2016 2337 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 920 SF $116,000 photos
Mar 3, 2016 697 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,120 SF $119,900 photos
Dec 30, 2015 2311 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,120 SF $114,750 photos
Nov 13, 2015 2355 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $130,000 photos
Oct 13, 2015 2306 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,120 SF $115,000 photos
Aug 21, 2015 2336 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,700 SF $147,600 photos
Jun 29, 2015 2310 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,200 SF $125,000 photos
Jun 23, 2015 2343 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1 BA 1,000 SF $94,000 photos
May 15, 2015 653 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,214 SF $120,000 photos
Mar 30, 2015 2378 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,000 SF $118,000 photos
Mar 10, 2015 2313 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,200 SF $126,750 photos
Current Listings....

583 Stonewall Dr
2 Beds  •  1 Baths  •  1 Half Baths
1,214 livable square feet
$147,500 (For Sale)
Listing By: Matchbox Realty & Management Services Inc.

637 Stonewall Dr
2 Beds  •  1 Baths  •  1 Half Baths
1,214 livable square feet
$147,750 (For Sale)
Listing By: Kline May Realty, LLC
Neighborhood Map....
Learn About Investing   Investment Analysis Tools
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
 
© 2017 Scott P. Rogers, All Rights Reserved  •  IDX Data Managed By Funkhouser Real Estate Group  •  Licensed in the Commonwealth of Virginia
401 University Blvd Harrisonburg, VA 22801

 

Additional Harrisonburg Real Estate Resources....
BuyingAHomeInHarrisonburg.com SellingAHomeInHarrisonburg.com ScottPRogers.com HarrisonburgHousingMarket.com HarrisonburgHousingToday.com NewListingsInHarrisonburg.com HarrisonburgInvestmentProperties.com HarrisonburgAssessments.com HarrisonburgTownhouses.com WalkThroughThisHome.com BestDealsInHarrisonburg.com HarrisonburgPropertyTransfers.com HarrisonburgForeclosures.com

Popular (yet sometimes hard to find) Searches....
HarrisonburgREO.com HarrisonburgShortSales.com NewListingsInHarrisonburg.com

Popular New Home Communities....
Heritage Estates The Glen at Cross Keys The Townes at Bluestone Founders Way The Cottages at Stone Spring