A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
CAMPUS VIEW CONDOS
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2019 |
|
3 (ytd) |
| 2018 |
|
8 |
| 2017 |
|
5 |
| 2016 |
|
5 |
| 2015 |
|
6 |
| 2014 |
|
5 |
| 2013 |
|
2 |
| 2012 |
|
4 |
| 2011 |
|
3 |
| 2010 | 0 | |
| 2009 | 0 | |
| 2008 | 0 | |
| 2007 | 0 | |
| 2006 | 0 | |
| 2005 | 0 |
Median Sales Price....
| 2019 |
|
$175,000 |
| 2018 |
|
$170,450 |
| 2017 |
|
$163,000 |
| 2016 |
|
$156,500 |
| 2015 |
|
$158,700 |
| 2014 |
|
$162,000 |
| 2013 |
|
$158,500 |
| 2012 |
|
$174,250 |
| 2011 |
|
$171,667 |
| 2010 | $0 | |
| 2009 | $0 | |
| 2008 | $0 | |
| 2007 | $0 | |
| 2006 | $0 | |
| 2005 | $0 |
Sample Campus View Investment Analysis....
| Property Details | ||
| Purchase Price | $172,500 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,800 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $20,736 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,466 | estimate based on median sales price |
| Repairs | $1,800 | estimate based on typical property condition |
| Association Dues | $2,352 | estimated to be $196 per month |
| Property Management | $0 | assuming self management |
| Insurance | $621 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $6,339 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $20,736 | |
| - Operating Expenses | - $6,339 | |
| Net Operating Income | $14,397 | |
| - Annual Debt Service | - $9,348 | financing 80% of the purchase price at 5.5% |
| Cash Flow Before Taxes | $5,049 | |
Sales in the Past 36 Months....
| Feb 27, 2019 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $175,000 | |
| Jan 31, 2019 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $173,000 | |
| Jan 31, 2019 | 510 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $175,400 | |
| Dec 3, 2018 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $172,000 | |
| Oct 15, 2018 | 510 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $167,500 | |
| Sep 3, 2018 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $165,000 | |
| Aug 24, 2018 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $168,500 | |
| May 7, 2018 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $173,000 | |
| Mar 13, 2018 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $169,900 | |
| Feb 28, 2018 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $171,000 | |
| Feb 20, 2018 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $172,000 | |
| Dec 21, 2017 | 515 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $170,500 | |
| Dec 21, 2017 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $169,999 | |
| Aug 30, 2017 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $163,000 | |
| May 1, 2017 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $162,000 | |
| Jan 27, 2017 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $162,000 | |
| Jul 28, 2016 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $161,500 | |
| May 16, 2016 | 520 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $156,500 | |
| Apr 29, 2016 | 510 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $145,000 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....