A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
CAMPUS VIEW CONDOS
Hunters Ridge • Camden Townes • Fox Hill • Madison Manor • Pheasant Run • Campus View Condos
Sales Per Year....
| 2024 |
|
3 (ytd) |
| 2023 |
|
3 |
| 2022 |
|
3 |
| 2021 |
|
14 |
| 2020 |
|
8 |
| 2019 |
|
7 |
| 2018 |
|
8 |
| 2017 |
|
5 |
| 2016 |
|
5 |
| 2015 |
|
6 |
| 2014 |
|
5 |
| 2013 |
|
2 |
| 2012 |
|
4 |
| 2011 |
|
3 |
| 2010 | 0 | |
| 2009 | 0 | |
| 2008 | 0 | |
| 2007 | 0 | |
| 2006 | 0 | |
| 2005 | 0 | |
| 2004 | 0 |
Median Sales Price....
| 2024 |
|
$250,000 |
| 2023 |
|
$231,500 |
| 2022 |
|
$210,000 |
| 2021 |
|
$197,250 |
| 2020 |
|
$189,500 |
| 2019 |
|
$176,000 |
| 2018 |
|
$170,450 |
| 2017 |
|
$163,000 |
| 2016 |
|
$156,500 |
| 2015 |
|
$158,700 |
| 2014 |
|
$162,000 |
| 2013 |
|
$158,500 |
| 2012 |
|
$174,250 |
| 2011 |
|
$171,667 |
| 2010 | $0 | |
| 2009 | $0 | |
| 2008 | $0 | |
| 2007 | $0 | |
| 2006 | $0 | |
| 2005 | $0 | |
| 2004 | $0 |
Sample Campus View Investment Analysis....
| Property Details | ||
| Purchase Price | $250,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $2,200 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $25,344 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,250 | estimate based on median sales price |
| Repairs | $2,200 | estimate based on typical property condition |
| Association Dues | $2,352 | estimated to be $196 per month |
| Property Management | $0 | assuming self management |
| Insurance | $900 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $7,802 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $25,344 | |
| - Operating Expenses | - $7,802 | |
| Net Operating Income | $17,542 | |
| - Annual Debt Service | - $16,992 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $550 | |
Sales in the Past 36 Months....
Current Listings....
There are no properties on the market right now!
Neighborhood Map....