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
TAYLOR SPRING
Taylor Spring  •  The Townes at Bluestone
taylor spring
Sales Per Year....
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6  (ytd)
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  14
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  8
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
2013 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  13
 
Median Sales Price....
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $189,250
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $180,500
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $175,250
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $173,500
2013 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $171,500


Sample Taylor Spring Investment Analysis....
Property Details
Purchase Price $186,500 based on median sales price
 
Income (Annual)
Monthly Rental Rate $1,200 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $13,824     
 
Expense (Annual)
Real Estate Taxes $1,455 estimate based on median sales price
Repairs $600 estimate based on typical property condition
Association Dues $660 estimated to be $55 per month
Property Management $0 assuming self management
Insurance $671 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,486  
 
Cash Flow Before Tax
Gross Operating Income $13,824  
 - Operating Expenses  - $3,486  
Net Operating Income $10,338     
 - Annual Debt Service  - $9,672 financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes    $666     
Sales in the Past 36 Months....
Jun 26, 2017 3035 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 2,264 SF $196,000 photos
May 8, 2017 3053 Taylor Spring Ln, Harrisonburg, VA 22801 3 BR 3 BA 1,890 SF $186,500 photos
May 2, 2017 2882 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,786 SF $195,000 photos
Mar 24, 2017 3005 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,524 SF $181,000 photos
Feb 10, 2017 1417 Flowing Spring Rd, Harrisonburg, VA 22801 3 BR 2.5 BA 2,142 SF $192,000 photos
Jan 20, 2017 1458 Miller Spring Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $180,000 photos
Dec 15, 2016 1413 Flowing Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,701 SF $187,000 photos
Nov 30, 2016 2931 Taylor Spring Ln, Harrisonburg, VA 22801 2 BR 2.5 BA 1,382 SF $162,500 photos
Nov 16, 2016 3013 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,878 SF $186,500 photos
Sep 30, 2016 3035 Taylor Spring Ln, Harrisonburg, VA 22801 3 BR 3.5 BA 1,974 SF $192,900 photos
Sep 23, 2016 3038 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,950 SF $193,500 photos
Sep 16, 2016 3077 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,778 SF $174,200 photos
Sep 12, 2016 2935 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,521 SF $176,000 photos
Aug 25, 2016 2974 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 3 BA 2,142 SF $185,000 photos
Jun 24, 2016 1450 Miller Spring Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,386 SF $166,900 photos
Jun 3, 2016 2947 Taylor Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,327 SF $155,000 photos
May 31, 2016 3078 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,827 SF $198,900 photos
May 16, 2016 2972 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,428 SF $185,000 photos
Apr 6, 2016 1410 Verdant Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,502 SF $169,000 photos
Mar 22, 2016 2902 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,436 SF $166,000 photos
Oct 21, 2015 2967 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,698 SF $182,000 photos
Aug 14, 2015 3009 Diamond Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,428 SF $172,000 photos
Aug 7, 2015 1428 Verdant Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,428 SF $178,500 photos
Jul 16, 2015 2952 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,502 SF $170,000 photos
Jun 30, 2015 2886 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,662 SF $161,500 photos
May 14, 2015 1435 Flowing Spring Rd, Harrisonburg, VA 22801 3 BR 2.5 BA 1,775 SF $195,000 photos
Mar 13, 2015 1424 Verdant Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,662 SF $161,500 photos
Feb 26, 2015 1429 Flowing Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,907 SF $200,000 photos
Dec 8, 2014 3081 Taylor Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,832 SF $174,000 photos
Dec 7, 2014 1421 Flowing Spring Ln, Harrisonburg, VA 22801 4 BR 3.5 BA 1,983 SF $192,000 photos
Nov 25, 2014 2960 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,436 SF $173,000 photos
Aug 29, 2014 2971 Crystal Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,583 SF $174,900 photos
Aug 27, 2014 2987 Taylor Spring Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,382 SF $165,000 photos
Current Listings....

1394 Verdant Spring Ln
3 Beds  •  2 Baths  •  1 Half Baths
1,502 livable square feet
$179,900 (For Sale)
Listing By: Hometown Realty Group, Inc

1390 Verdant Spring Ln
3 Beds  •  2 Baths  •  1 Half Baths
1,229 livable square feet
$182,500 (For Sale)
Listing By: Hometown Realty Group, Inc

2911 Diamond Spring Ln
3 Beds  •  2 Baths  •  1 Half Baths
1,872 livable square feet
$209,900 (For Sale)
Listing By: Old Dominion Realty, Inc.
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