A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
CAMDEN TOWNES
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2024 |
|
3 (ytd) |
| 2023 |
|
2 |
| 2022 |
|
12 |
| 2021 |
|
17 |
| 2020 |
|
13 |
| 2019 |
|
6 |
| 2018 |
|
8 |
| 2017 |
|
7 |
| 2016 |
|
11 |
| 2015 |
|
9 |
| 2014 |
|
13 |
| 2013 |
|
8 |
| 2012 | 0 | |
| 2011 | 0 | |
| 2010 | 0 | |
| 2009 | 0 | |
| 2008 | 0 | |
| 2007 | 0 | |
| 2006 | 1 | |
| 2005 | 0 | |
| 2004 | 0 |
Median Sales Price....
| 2024 |
|
$212,500 |
| 2023 |
|
$219,000 |
| 2022 |
|
$190,000 |
| 2021 |
|
$172,000 |
| 2020 |
|
$149,900 |
| 2019 |
|
$131,000 |
| 2018 |
|
$126,000 |
| 2017 |
|
$110,000 |
| 2016 |
|
$103,753 |
| 2015 |
|
$95,000 |
| 2014 |
|
$80,500 |
| 2013 |
|
$76,750 |
| 2012 | $0 | |
| 2011 | $0 | |
| 2010 | $0 | |
| 2009 | $0 | |
| 2008 | $0 | |
| 2007 | $0 | |
| 2006 |
|
$137,500 |
| 2005 | $0 | |
| 2004 | $0 |
Sample Camden Townes Investment Analysis....
| Property Details | ||
| Purchase Price | $212,500 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,600 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $18,432 | |
| Expense (Annual) | ||
| Real Estate Taxes | $1,913 | estimate based on median sales price |
| Repairs | $1,600 | estimate based on typical property condition |
| Association Dues | $1,920 | estimated to be $160 per month |
| Property Management | $0 | assuming self management |
| Insurance | $765 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $6,298 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $18,432 | |
| - Operating Expenses | - $6,298 | |
| Net Operating Income | $12,135 | |
| - Annual Debt Service | - $14,448 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-2,314 | |
Sales in the Past 36 Months....
| Aug 30, 2024 | 1368 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $209,000 |
| Mar 5, 2024 | 1426 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $225,000 |
| Jan 31, 2024 | 1318 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $212,500 |
| Oct 16, 2023 | 1314 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $222,000 |
| Aug 10, 2023 | 1331 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $216,000 |
| Dec 16, 2022 | 1454 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $195,000 |
| Dec 6, 2022 | 1316 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $180,500 |
| Dec 5, 2022 | 1406 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $195,000 |
| Aug 24, 2022 | 1470 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $198,000 |
| Jul 22, 2022 | 1380 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $180,000 |
| Jul 22, 2022 | 1414 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $190,000 |
| Jun 30, 2022 | 1368 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $180,000 |
| Jun 24, 2022 | 1309 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $192,000 |
| Jun 8, 2022 | 1448 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $195,000 |
| May 31, 2022 | 1392 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 0 SF | $190,000 |
| May 6, 2022 | 1360 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $185,000 |
| Apr 8, 2022 | 1330 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $185,000 |
| Nov 23, 2021 | 1366 Bradley Dr, Harrisonburg, VA 22801 | 4 BR | 2 BA | 1,352 SF | $180,500 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....