A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
2387 King Arthurs Ct, Harrisonburg, VA 22801 • $294,900
MLS# 664570 • For Sale
| Subdivision: | Avalon Woods |
| Area: | Harrisonburg |
| Heating: | Central Heat, Forced Air, Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 2004 (21 years old) |
| Lot Size: | 0.09 acres |
| Association Fee: | $100 |
| Days on Market: | 34 (since May 14, 2025) |
| Listing By: | Harman Realty Inc |
Welcome to this beautifully maintained end-unit townhouse offering comfort, space, and future potential. Step into the main level featuring luxury vinyl plank flooring in the living and dining areas, creating a sleek and durable finish. The open layout includes a spacious living room and kitchen, with direct access to a private deck—perfect for relaxing or entertaining outdoors. Upstairs, you’ll find two large primary suites, each with its own full bathroom, providing comfort and privacy for all. A convenient half bath is located on the main level for guests. One of the key highlights of this home is the unfinished basement—offering the opportunity to expand your living space and customize it to fit your needs, whether that’s a home gym, office, or additional bedroom. Enjoy low-maintenance living with HOA services that include lawn care, snow removal, and trash pickup. With extra windows and abundant natural light from the end-unit design, this home is truly inviting. Don’t miss your chance to make it yours—schedule a showing today!
| Elementary School: Stone Spring | Middle School: Skyline | High School: Harrisonburg |
Sample Avalon Woods Investment Analysis....
| Property Details | ||
| Purchase Price | $278,125 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,300 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $14,976 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,503 | estimate based on median sales price |
| Repairs | $650 | estimate based on typical property condition |
| Association Dues | $600 | estimated to be $50 per month |
| Property Management | $0 | assuming self management |
| Insurance | $1,001 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $4,854 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $14,976 | |
| - Operating Expenses | - $4,854 | |
| Net Operating Income | $10,122 | |
| - Annual Debt Service | - $18,912 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-8,790 | |