A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
LIBERTY SQUARE
Avalon Woods • Beacon Hill Townes • Harmony Heights • Liberty Square
Sales Per Year....
| 2025 |
|
6 (ytd) |
| 2024 |
|
3 |
| 2023 |
|
7 |
| 2022 |
|
11 |
| 2021 |
|
16 |
| 2020 |
|
14 |
| 2019 |
|
14 |
Median Sales Price....
| 2025 |
|
$256,450 |
| 2024 |
|
$255,000 |
| 2023 |
|
$249,000 |
| 2022 |
|
$220,000 |
| 2021 |
|
$211,500 |
| 2020 |
|
$185,000 |
| 2019 |
|
$167,250 |
Sample Liberty Square Investment Analysis....
| Property Details | ||
| Purchase Price | $256,450 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,350 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $15,552 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,308 | estimate based on median sales price |
| Repairs | $675 | estimate based on typical property condition |
| Association Dues | $600 | estimated to be $50 per month |
| Property Management | $0 | assuming self management |
| Insurance | $923 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,606 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $15,552 | |
| - Operating Expenses | - $4,606 | |
| Net Operating Income | $10,946 | |
| - Annual Debt Service | - $17,436 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-6,490 | |
Sales in the Past 36 Months....
Current Listings....
There are no properties on the market right now!
Neighborhood Map....