A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
STONEWALL HEIGHTS
Northfield Estates • Parkcrest • Reherd Acres • Stonewall Heights
Sales Per Year....
| 2019 |
|
6 (ytd) |
| 2018 |
|
15 |
| 2017 |
|
9 |
| 2016 |
|
7 |
| 2015 |
|
10 |
Median Sales Price....
| 2019 |
|
$155,250 |
| 2018 |
|
$147,000 |
| 2017 |
|
$142,000 |
| 2016 |
|
$133,000 |
| 2015 |
|
$119,000 |
Sample Stonewall Heights Investment Analysis....
| Property Details | ||
| Purchase Price | $153,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $950 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $10,944 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,301 | estimate based on median sales price |
| Repairs | $475 | estimate based on typical property condition |
| Association Dues | $420 | estimated to be $35 per month |
| Property Management | $0 | assuming self management |
| Insurance | $551 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $2,846 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $10,944 | |
| - Operating Expenses | - $2,846 | |
| Net Operating Income | $8,098 | |
| - Annual Debt Service | - $8,292 | financing 80% of the purchase price at 5.5% |
| Cash Flow Before Taxes | $-194 | |
Sales in the Past 36 Months....
| Sep 26, 2019 | 2346 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,680 SF | $170,000 | |
| Sep 20, 2019 | 2370 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,000 SF | $146,000 | |
| Sep 9, 2019 | 2396 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,680 SF | $163,000 | |
| Jun 19, 2019 | 631 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $157,500 | |
| Feb 28, 2019 | 2386 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $127,000 | |
| Jan 10, 2019 | 2325 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,800 SF | $153,000 | |
| Dec 28, 2018 | 2341 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1 BA | 1,000 SF | $115,000 | |
| Dec 21, 2018 | 581 Stonewall Dr, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,214 SF | $165,000 | |
| Nov 15, 2018 | 2347 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 920 SF | $137,000 | |
| Sep 28, 2018 | 2339 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 920 SF | $125,000 | |
| Sep 28, 2018 | 2381 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $155,000 | |
| Sep 14, 2018 | 2358 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,650 SF | $154,900 | |
| Aug 16, 2018 | 587 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $159,000 | |
| Aug 2, 2018 | 2387 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $149,900 | |
| Jul 9, 2018 | 583 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $142,000 | |
| May 30, 2018 | 2312 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $144,900 | |
| Apr 27, 2018 | 2372 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 920 SF | $125,900 | |
| Apr 24, 2018 | 667 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $169,000 | |
| Apr 2, 2018 | 577 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $147,000 | |
| Mar 22, 2018 | 2342 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,800 SF | $152,000 | |
| Feb 2, 2018 | 2347 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 920 SF | $133,900 | |
| Oct 26, 2017 | 2311 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,120 SF | $120,000 | |
| Oct 10, 2017 | 2370 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,000 SF | $139,000 | |
| Sep 22, 2017 | 621 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $145,000 | |
| Aug 28, 2017 | 659 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $128,000 | |
| Aug 22, 2017 | 639 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,200 SF | $143,000 | |
| Aug 4, 2017 | 2394 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,500 SF | $146,000 | |
| Jul 7, 2017 | 2360 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,500 SF | $142,000 | |
| Apr 28, 2017 | 689 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,680 SF | $139,900 | |
| Apr 20, 2017 | 631 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $142,000 |
Current Listings....
623 Stonewall Dr
2 Beds • 1 Baths • 1 Half Baths
1,214 livable square feet
$144,900 (For Sale)
Listing By: Cottonwood Commercial LLC
2376 Breckenridge Ct
2 Beds • 1 Baths • 1 Half Baths
1,000 livable square feet
$162,500 (For Sale)
Listing By: Harman Realty Inc
Neighborhood Map....