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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NORTHFIELD ESTATES
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
northfield estates
Sales Per Year....
2019 0  (ytd)
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  10
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
 
Median Sales Price....
2019 $0
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $139,750
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $132,200
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $119,500
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $112,000


Sample Northfield Estates Investment Analysis....
Property Details
Purchase Price $139,750 based on median sales price
 
Income (Annual)
Monthly Rental Rate $800 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $9,216     
 
Expense (Annual)
Real Estate Taxes $1,188 estimate based on median sales price
Repairs $400 estimate based on typical property condition
Association Dues $432 estimated to be $36 per month
Property Management $0 assuming self management
Insurance $503 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $2,623  
 
Cash Flow Before Tax
Gross Operating Income $9,216  
 - Operating Expenses  - $2,623  
Net Operating Income $6,593     
 - Annual Debt Service  - $7,572 financing 80% of the purchase price at 5.5%
Cash Flow Before Taxes    $-979     
Sales in the Past 36 Months....
Dec 21, 2018 763 Northfield Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 1,836 SF $150,000  
Dec 18, 2018 408 Glenfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,146 SF $133,000  
Oct 15, 2018 448 E Washington St, Harrisonburg, VA 22801 3 BR 2 BA 1,644 SF $160,000  
Sep 19, 2018 940 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,300 SF $123,000  
Sep 17, 2018 401 Glenfield Dr, Harrisonburg, VA 22801 3 BR 1.5 BA 1,120 SF $133,000  
Jun 28, 2018 661 Northfield Ct, Harrisonburg, VA 22801 2 BR 2.5 BA 1,980 SF $158,000  
Jun 22, 2018 909 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,146 SF $139,000  
Apr 30, 2018 841 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $140,000  
Apr 16, 2018 463 Northglen Ln, Harrisonburg, VA 22801 3 BR 3.5 BA 1,830 SF $155,000  
Mar 28, 2018 837 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $139,500  
Aug 31, 2017 667 Northfield Ct, Harrisonburg, VA 22801 2 BR 2.5 BA 1,857 SF $143,000  
Jun 30, 2017 420 Washington St, Harrisonburg, VA 22801 3 BR 2.5 BA 1,620 SF $112,000  
Jun 27, 2017 869 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,360 SF $132,500  
May 18, 2017 412 Glenfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,360 SF $149,900  
Feb 14, 2017 405 Glenfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 560 SF $126,000  
Jan 11, 2017 813 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $131,900  
Dec 16, 2016 891 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $124,000  
Nov 18, 2016 651 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,320 SF $135,500  
Oct 28, 2016 855 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 2,303 SF $141,500  
Jun 15, 2016 922 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,080 SF $115,000  
Apr 25, 2016 920 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,080 SF $112,500  
Apr 7, 2016 721 Northfield Ct, Harrisonburg, VA 22801 3 BR 2 BA 1,508 SF $102,750  
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.