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NORTHFIELD ESTATES

Northfield Estates • Parkcrest • Reherd Acres • Stonewall Heights

Sales Per Year....

2017		4 (ytd)
2016		6
2015		6
2014		9
2013		9

Median Sales Price....

2017		$132,200
2016		$119,500
2015		$112,250
2014		$116,000
2013		$124,900

Sample Northfield Estates Investment Analysis....

Property Details
Purchase Price	$132,500	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	$1,034	estimate based on median sales price
Repairs	$388	estimate based on typical property condition
Association Dues	$336	estimated to be $28 per month
Property Management	$0	assuming self management
Insurance	$477	estimate based on recent trends
Utilities	$0	assumes tenant pays all utilities
Advertising	$100	estimate
Total Operating Expenses	$2,334

Cash Flow Before Tax
Gross Operating Income	$8,928
- Operating Expenses	- $2,334
Net Operating Income	$6,594
- Annual Debt Service	- $6,876	financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes	$-282

Sales in the Past 36 Months....

Jun 27, 2017	869 Northfield Ct, Harrisonburg, VA 22801	3 BR	2.5 BA	1,360 SF	$132,500	photos hide

May 18, 2017	412 Glenfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,360 SF	$149,900	photos hide

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	photos hide

Dec 16, 2016	891 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,224 SF	$124,000	photos hide

Nov 18, 2016	651 Northfield Ct, Harrisonburg, VA 22801	3 BR	2.5 BA	1,320 SF	$135,500	photos hide

Oct 28, 2016	855 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	2,303 SF	$141,500	photos hide

Jun 15, 2016	922 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,080 SF	$115,000	photos hide

Apr 25, 2016	920 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,080 SF	$112,500	photos hide

Apr 7, 2016	721 Northfield Ct, Harrisonburg, VA 22801	3 BR	2 BA	1,508 SF	$102,750	photos hide

Dec 22, 2015	408 Washington St, Harrisonburg, VA 22801	3 BR	2.5 BA	1,810 SF	$134,000	photos hide

Nov 4, 2015	655 Northfield Ct, Harrisonburg, VA 22801	3 BR	2.5 BA	1,320 SF	$105,000	photos hide

Oct 22, 2015	408 Northfield Ct, Harrisonburg, VA 22801	2 BR	1.5 BA	1,154 SF	$96,000	photos hide

Jul 28, 2015	865 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,836 SF	$136,700	photos hide

May 14, 2015	875 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,224 SF	$119,500	photos hide

Apr 1, 2015	400 Glenfield Ct, Harrisonburg, VA 22801	2 BR	1.5 BA	1,146 SF	$85,000	photos hide

Nov 21, 2014	414 Glenfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,360 SF	$130,000	photos hide

Nov 14, 2014	761 Northfield Ct, Harrisonburg, VA 22801	3 BR	2.5 BA	1,801 SF	$105,000	photos hide

Oct 23, 2014	765 Northfield Ct, Harrisonburg, VA 22801	2 BR	2 BA	1,836 SF	$116,000	photos hide

Aug 18, 2014	737 Northfield Ct, Harrisonburg, VA 22801	3 BR	1.5 BA	1,486 SF	$120,000	photos hide

Current Listings....

There are no properties on the market right now!

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