Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

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STONEWALL HEIGHTS
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
stonewall heights
Sales Per Year....
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  5  (ytd)
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  5
 
Median Sales Price....
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $147,000
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $142,000
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $133,000
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $120,000
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $139,500


Sample Stonewall Heights Investment Analysis....
Property Details
Purchase Price $142,500 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 $1,211 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 $513 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $2,719  
 
Cash Flow Before Tax
Gross Operating Income $10,944  
 - Operating Expenses  - $2,719  
Net Operating Income $8,225     
 - Annual Debt Service  - $7,632 financing 80% of the purchase price at 5.4%
Cash Flow Before Taxes    $593     
Sales in the Past 36 Months....
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  
Oct 27, 2016 2323 Breckenridge Ct, Harrisonburg, VA 22801 4 BR 2.5 BA 1,700 SF $146,000  
Oct 14, 2016 2350 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $128,000  
Sep 30, 2016 2315 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $139,000  
Sep 1, 2016 2355 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $135,000  
Aug 15, 2016 2382 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,355 SF $133,000  
Jul 12, 2016 2337 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 920 SF $116,000  
Mar 3, 2016 697 Stonewall Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,120 SF $119,900  
Dec 30, 2015 2311 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,120 SF $114,750  
Nov 13, 2015 2355 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,200 SF $130,000  
Oct 13, 2015 2306 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,120 SF $115,000  
Aug 21, 2015 2336 Breckenridge Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,700 SF $147,600  
Jun 29, 2015 2310 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,200 SF $125,000  
Jun 23, 2015 2343 Breckenridge Ct, Harrisonburg, VA 22801 2 BR 1 BA 1,000 SF $94,000  
Current Listings....

583 Stonewall Dr
2 Beds  •  1 Baths  •  1 Half Baths
1,214 livable square feet
$147,500 (For Sale)
Listing By: Matchbox Realty & Management Services Inc

587 Stonewall Dr
2 Beds  •  1 Baths  •  1 Half Baths
1,214 livable square feet
$168,000 (For Sale)
Listing By: Kline May Realty - Broadway
Neighborhood Map....
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.