A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
AVALON WOODS
Avalon Woods • Beacon Hill Townes • Harmony Heights • Liberty Square
Sales Per Year....
| 2020 |
|
3 (ytd) |
| 2019 |
|
10 |
| 2018 |
|
8 |
| 2017 |
|
15 |
| 2016 |
|
6 |
Median Sales Price....
| 2020 |
|
$187,000 |
| 2019 |
|
$162,750 |
| 2018 |
|
$165,950 |
| 2017 |
|
$153,000 |
| 2016 |
|
$152,450 |
Sample Avalon Woods Investment Analysis....
| Property Details | ||
| Purchase Price | $169,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,000 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $11,520 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,437 | estimate based on median sales price |
| Repairs | $500 | estimate based on typical property condition |
| Association Dues | $600 | estimated to be $50 per month |
| Property Management | $0 | assuming self management |
| Insurance | $608 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $3,245 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $11,520 | |
| - Operating Expenses | - $3,245 | |
| Net Operating Income | $8,275 | |
| - Annual Debt Service | - $9,156 | financing 80% of the purchase price at 5.5% |
| Cash Flow Before Taxes | $-881 | |
Sales in the Past 36 Months....
| Jul 23, 2020 | 2314 Lancelot Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 1,368 SF | $230,000 | |
| Jun 22, 2020 | 2345 Avalon Woods Dr, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,904 SF | $176,000 | |
| Jun 12, 2020 | 872 Camelot Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,464 SF | $187,000 | |
| Nov 27, 2019 | 730 Camelot Ln, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $159,500 | |
| Nov 15, 2019 | 760 Camelot Ln, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,292 SF | $162,000 | |
| Sep 12, 2019 | 730 Merlins Way, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $155,000 | |
| Jul 1, 2019 | 2387 King Arthurs Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,224 SF | $167,000 | |
| Jun 28, 2019 | 904 Camelot Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,410 SF | $197,000 | |
| May 15, 2019 | 2339 Avalon Woods Dr, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,736 SF | $164,000 | |
| May 13, 2019 | 869 Camelot Ln, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 1,836 SF | $175,000 | |
| Apr 15, 2019 | 856 Camelot Ln, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,276 SF | $153,000 | |
| Mar 21, 2019 | 2443 Avalon Woods Dr, Harrisonburg, VA 22801 | 4 BR | 1.5 BA | 1,888 SF | $161,000 | |
| Jan 22, 2019 | 2396 King Arthurs Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,648 SF | $163,500 | |
| Nov 5, 2018 | 822 Camelot Ln, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $157,900 | |
| Oct 29, 2018 | 2388 King Arthurs Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,640 SF | $174,000 | |
| Aug 30, 2018 | 2409 King Arthurs Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,292 SF | $150,000 | |
| Aug 20, 2018 | 2427 Avalon Woods Dr, Harrisonburg, VA 22801 | 4 BR | 2.5 BA | 1,904 SF | $174,900 | |
| Jul 13, 2018 | 710 Merlins Way, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,292 SF | $154,000 | |
| Jun 5, 2018 | 2435 Avalon Woods Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,888 SF | $174,500 | |
| Apr 20, 2018 | 770 Merlins Way, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,276 SF | $147,000 | |
| Mar 8, 2018 | 2318 Lancelot Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,464 SF | $200,000 | |
| Nov 16, 2017 | 761 Merlins Way, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,736 SF | $150,000 | |
| Nov 15, 2017 | 852 Camelot Ln, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,292 SF | $150,000 | |
| Oct 19, 2017 | 2372 King Arthurs Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,640 SF | $160,000 | |
| Sep 29, 2017 | 2445 Avalon Woods Dr, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,276 SF | $149,900 | |
| Sep 29, 2017 | 2320 Avalon Woods Dr, Harrisonburg, VA 22801 | 4 BR | 2.5 BA | 1,658 SF | $164,900 | |
| Aug 15, 2017 | 2403 Avalon Woods Dr, Harrisonburg, VA 22801 | 3 BR | 2 BA | 1,276 SF | $153,000 |
Current Listings....
2324 Avalon Woods Dr
4 Beds • 2 Baths • 1 Half Baths
1,836 livable square feet
$179,000 (For Sale)
Listing By: RE/MAX REALTY SPECIALISTS-CROZET
Neighborhood Map....