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HUNTERS RIDGE

Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos

Sales Per Year....

2020		9 (ytd)
2019		18
2018		16
2017		31
2016		19
2015		17
2014		6
2013		13
2012		7
2011		8
2010		18
2009		4
2008		26
2007		40
2006		32

Median Sales Price....

2020		$88,000
2019		$80,300
2018		$74,400
2017		$62,500
2016		$53,000
2015		$46,000
2014		$42,000
2013		$56,250
2012		$70,000
2011		$49,200
2010		$65,000
2009		$94,000
2008		$101,000
2007		$100,000
2006		$99,950

Sample Hunters Ridge Investment Analysis....

Property Details
Purchase Price	$87,500	based on median sales price

Income (Annual)
Monthly Rental Rate	$775	estimate based on currently available rental data
Projected Vacancy	4%	half a month per year
Gross Operating Income	$8,928

Expense (Annual)
Real Estate Taxes	$744	estimate based on median sales price
Repairs	$775	estimate based on typical property condition
Association Dues	$3,000	estimated to be $250 per month
Property Management	$0	assuming self management
Insurance	$315	estimate based on recent trends
Utilities	$0	assumes tenant pays all utilities
Advertising	$100	estimate
Total Operating Expenses	$4,934

Cash Flow Before Tax
Gross Operating Income	$8,928
- Operating Expenses	- $4,934
Net Operating Income	$3,994
- Annual Debt Service	- $4,740	financing 80% of the purchase price at 5.5%
Cash Flow Before Taxes	$-746

Sales in the Past 36 Months....

May 15, 2020	1366 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	837 SF	$90,000

May 4, 2020	1360 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	982 SF	$80,000

May 4, 2020	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$80,000

Apr 10, 2020	1384 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$90,000

Mar 18, 2020	1360 Hunters Rd, Harrisonburg, VA 22801	3 BR	2 BA	982 SF	$90,000

Mar 16, 2020	1340 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	982 SF	$88,000

Mar 16, 2020	1348 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	1,012 SF	$90,000

Mar 6, 2020	1336 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$88,000

Feb 28, 2020	1340 Hunters Rd, Harrisonburg, VA 22801	3 BR	2 BA	982 SF	$87,500

Nov 30, 2019	1380 Hunters Rd, Harrisonburg, VA 22801	3 BR	2 BA	953 SF	$79,000

Nov 15, 2019	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$80,000

Oct 31, 2019	1340 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	982 SF	$84,000

Sep 18, 2019	1380 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$80,600

Sep 10, 2019	1360 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	982 SF	$89,900

Aug 30, 2019	1384 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$80,000

Aug 30, 2019	1372 Hunters Rd, Harrisonburg, VA 22801	2 BR	1 BA	837 SF	$73,500

Jul 19, 2019	1346 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	982 SF	$92,000

May 22, 2019	1384 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$84,000

May 19, 2019	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$85,000

May 17, 2019	1396 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$80,000

May 1, 2019	1380 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$81,500

Apr 30, 2019	1366 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	837 SF	$78,000

Apr 30, 2019	1384 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	953 SF	$88,000

Apr 19, 2019	1380 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	953 SF	$70,000

Apr 16, 2019	1348 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$71,800

Apr 16, 2019	1346 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	982 SF	$71,800

Jan 25, 2019	1348 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$82,380

Oct 31, 2018	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$82,000

Sep 12, 2018	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$80,000

Jul 31, 2018	1346 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	982 SF	$75,000

Jul 16, 2018	1342 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$80,000

Jun 15, 2018	1396 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	953 SF	$87,500

May 31, 2018	1340 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	982 SF	$77,000

Apr 9, 2018	1336 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$75,000

Apr 3, 2018	1372 Hunters Rd, Harrisonburg, VA 22801	2 BR	1 BA	837 SF	$70,000

Mar 30, 2018	1348 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$69,610

Mar 15, 2018	1330 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$73,800

Feb 28, 2018	1372 Hunters Rd, Harrisonburg, VA 22801	2 BR	1 BA	837 SF	$64,100

Feb 28, 2018	1330 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	1,012 SF	$71,500

Feb 28, 2018	1342 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	1,012 SF	$71,500

Feb 28, 2018	1346 Hunters Rd, Harrisonburg, VA 22801	4 BR	2 BA	982 SF	$71,500

Feb 16, 2018	1330 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$75,000

Jan 19, 2018	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$73,000

Dec 18, 2017	1342 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$64,000

Nov 20, 2017	1380 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	986 SF	$69,000

Oct 3, 2017	1396 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$62,500

Aug 25, 2017	1396 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$65,000

Aug 21, 2017	1390 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	953 SF	$72,000

Jul 21, 2017	1372 Hunters Rd, Harrisonburg, VA 22801	2 BR	1 BA	837 SF	$54,000

Jul 17, 2017	1372 Hunters Rd, Harrisonburg, VA 22801	2 BR	1 BA	837 SF	$50,000

Jul 17, 2017	1366 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	837 SF	$57,000

Jun 12, 2017	1330 Hunters Rd, Harrisonburg, VA 22801	2 BR	2 BA	1,012 SF	$69,000

Current Listings....

1396 Hunters Rd
4 Beds • 2 Baths
953 livable square feet
$90,000 (For Sale)
Listing By: Funkhouser Real Estate Group

Neighborhood Map....

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Have Questions? Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.