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 

College Rentals Multi Family Properties Newer Townhouses Upscale Townhouses Slightly Older Townhouses Foreclosures Bank Owned Properties
THE TOWNES AT BLUESTONE
Taylor Spring  •  The Townes at Bluestone
the townes at bluestone
Sales Per Year....
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9  (ytd)
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11
2015 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  12
2014 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  10
2013 Townhouse Sale  Townhouse Sale  Townhouse Sale  4
 
Median Sales Price....
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $210,000
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $207,250
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $193,650
2014 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $198,750
2013 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $201,073


Sample The Townes at Bluestone Investment Analysis....
Property Details
Purchase Price $209,200 based on median sales price
 
Income (Annual)
Monthly Rental Rate $1,400 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $16,128     
 
Expense (Annual)
Real Estate Taxes $1,632 estimate based on median sales price
Repairs $700 estimate based on typical property condition
Association Dues $360 estimated to be $30 per month
Property Management $0 assuming self management
Insurance $753 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,545  
 
Cash Flow Before Tax
Gross Operating Income $16,128  
 - Operating Expenses  - $3,545  
Net Operating Income $12,583     
 - Annual Debt Service  - $10,848 financing 80% of the purchase price at 5.1%
Cash Flow Before Taxes    $1,735     
Sales in the Past 36 Months....
May 23, 2017 2247 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 2,158 SF $196,050 photos
May 19, 2017 2244 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $208,400 photos
May 12, 2017 2236 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $204,900 photos
Mar 31, 2017 2249 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 2,158 SF $216,275 photos
Mar 31, 2017 369 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,840 SF $210,000 photos
Feb 14, 2017 2246 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $218,000 photos
Jan 31, 2017 346 Sapphire Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $194,500 photos
Jan 17, 2017 2242 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $223,900 photos
Jan 12, 2017 2248 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $221,919 photos
Dec 6, 2016 2243 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 2,158 SF $201,305 photos
Sep 1, 2016 2232 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $205,900 photos
Aug 5, 2016 348 Blue Stone Hills Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 1,617 SF $188,000 photos
Aug 1, 2016 2238 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $221,910 photos
Jul 29, 2016 2234 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $220,835 photos
Jul 29, 2016 351 Blue Stone Hills Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 1,768 SF $189,900 photos
Jul 26, 2016 2230 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $212,000 photos
May 26, 2016 371 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 3.5 BA 2,280 SF $199,900 photos
Jan 7, 2016 2224 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $212,250 photos
Jan 7, 2016 2220 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $207,250 photos
Jan 7, 2016 2222 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $207,250 photos
Dec 28, 2015 357 Blue Stone Hills Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 1,652 SF $176,500 photos
Dec 7, 2015 2189 Deyerle Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,616 SF $174,000 photos
Dec 4, 2015 2219 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $194,900 photos
Dec 3, 2015 2218 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $212,250 photos
Aug 21, 2015 2223 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $199,500 photos
Aug 20, 2015 2221 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $192,000 photos
Jul 31, 2015 2215 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $192,400 photos
Jul 30, 2015 361 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,472 SF $182,500 photos
Jun 30, 2015 363 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,768 SF $210,000 photos
May 22, 2015 2211 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $216,225 photos
Feb 26, 2015 2217 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $189,500 photos
Jan 26, 2015 355 Blue Stone Hills Dr, Harrisonburg, VA 22801 3 BR 3.5 BA 2,208 SF $215,000 photos
Dec 30, 2014 2213 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,632 SF $184,900 photos
Dec 18, 2014 2214 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $215,500 photos
Nov 17, 2014 344 Blue Stone Hills Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 1,725 SF $182,500 photos
Nov 14, 2014 2210 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $191,200 photos
Oct 17, 2014 2212 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $198,000 photos
Oct 13, 2014 2208 Lapis Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,760 SF $207,000 photos
Current Listings....

336 Sapphire Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,632 livable square feet
$198,900 (For Sale)
Listing By: Funkhouser Real Estate Group

334 Sapphire Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,632 livable square feet
$198,900 (For Sale)
Listing By: Funkhouser Real Estate Group

332 Sapphire Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,632 livable square feet
$199,900 (For Sale)
Listing By: Funkhouser Real Estate Group

338 Sapphire Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,632 livable square feet
$208,900 (For Sale)
Listing By: Funkhouser Real Estate Group

372 Tanzanite Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,760 livable square feet
$214,900 (For Sale)
Listing By: Funkhouser Real Estate Group

374 Tanzanite Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,744 livable square feet
$215,900 (For Sale)
Listing By: Funkhouser Real Estate Group

376 Tanzanite Dr
3 Beds  •  2 Baths  •  1 Half Baths
1,760 livable square feet
$222,900 (For Sale)
Listing By: Funkhouser Real Estate Group
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401 University Blvd Harrisonburg, VA 22801

 

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