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 

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HARMONY HEIGHTS
Avalon Woods  •  Beacon Hill Townes  •  Harmony Heights  •  Liberty Square
harmony heights
Sales Per Year....
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11  (ytd)
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  10
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  8
 
Median Sales Price....
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $159,000
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $189,900
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $195,500
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $195,000
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $196,000


Sample Harmony Heights Investment Analysis....
Property Details
Purchase Price $183,000 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 $1,556 estimate based on median sales price
Repairs $500 estimate based on typical property condition
Association Dues $540 estimated to be $45 per month
Property Management $0 assuming self management
Insurance $659 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,354  
 
Cash Flow Before Tax
Gross Operating Income $11,520  
 - Operating Expenses  - $3,354  
Net Operating Income $8,166     
 - Annual Debt Service  - $10,188 financing 80% of the purchase price at 5.75%
Cash Flow Before Taxes    $-2,022     
Sales in the Past 36 Months....
Sep 24, 2018 1851 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3 BA 2,816 SF $228,000  
Aug 15, 2018 2049 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,128 SF $208,500  
Jun 18, 2018 1967 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,270 SF $212,000  
Jun 12, 2018 1925 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,182 SF $207,000  
May 24, 2018 1661 Buttonwood Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 972 SF $124,000  
May 15, 2018 2273 Lake Terrace Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,785 SF $240,239  
May 4, 2018 1338 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $159,000  
Mar 30, 2018 1232 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $158,000  
Mar 10, 2018 1657 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,240 SF $129,900  
Mar 8, 2018 1318 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $155,000  
Feb 9, 2018 1302 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $157,000  
Dec 29, 2017 2061 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,228 SF $207,500  
Oct 13, 2017 1228 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,414 SF $145,000  
Oct 11, 2017 2341 Virginia Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,874 SF $189,900  
Aug 25, 2017 1402 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $170,000  
Aug 10, 2017 1963 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,182 SF $210,000  
Jun 21, 2017 1272 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $149,900  
May 5, 2017 1987 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,182 SF $205,000  
Dec 22, 2016 2009 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,580 SF $199,000  
Aug 26, 2016 1240 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $150,000  
Jun 21, 2016 2005 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,236 SF $199,500  
Jun 17, 2016 1262 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $147,500  
May 13, 2016 2013 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,090 SF $197,000  
May 12, 2016 2131 Lake Terrace Dr, Harrisonburg, VA 22801 4 BR 4 BA 2,600 SF $350,000  
Apr 29, 2016 1260 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $145,000  
Apr 28, 2016 1246 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $140,750  
Apr 27, 2016 2017 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,104 SF $198,000  
Jan 15, 2016 1974 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,628 SF $194,000  
Dec 23, 2015 1312 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,414 SF $129,275  
Current Listings....
There are no properties on the market right now!
Neighborhood Map....
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.