Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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196 Blue Stone Hills Dr, Harrisonburg, VA 22801     $309,950
MLS# 612384    For Sale
Subdivision: Blue Stone Hills
Area: Harrisonburg
Garage: 2-Car Garage
Heating: Heat Pump
Cooling: Heat Pump
Circa: 1989 (32 years old)
Lot Size: 0.57 acres
Days on Market:   14 (since Jan 11, 2021)
Listing By: RE/MAX Performance Realty
Come see this home that sits high on Blue Stone Hill in Harrisonburg! Beautiful panoramic view of the Valley. Lovely landscaped lawn. 3 bedroom home with finished basement providing another bedroom, game room or man cave. Stone fireplaces in den and master bedroom. Ideal location allows accessibility to city amenities. Ready to be made into a show place. Don’t miss out!
Elementary School:  Stone Spring Middle School:  Skyline High School:  Harrisonburg
Sample Blue Stone Hills Investment Analysis....
Property Details
Purchase Price $543,002 based on median sales price
Income (Annual)
Monthly Rental Rate $0 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $0     
Expense (Annual)
Real Estate Taxes $4,670 estimate based on median sales price
Repairs $0 estimate based on typical property condition
Association Dues $0 estimated to be $0 per month
Property Management $0 assuming self management
Insurance $1,955 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $6,725  
Cash Flow Before Tax
Gross Operating Income $0  
 - Operating Expenses  - $6,725  
Net Operating Income $-6,725     
 - Annual Debt Service  - $24,060 financing 80% of the purchase price at 3.75%
Cash Flow Before Taxes    $-30,785     

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