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....
| 2025 | 0 (ytd) | |
| 2024 |
|
3 |
| 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 |
Median Sales Price....
| 2025 | $0 | |
| 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 |
Sample Campus View Investment Analysis....
| Property Details | ||
| Purchase Price | $265,000 | 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 | $2,385 | 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 | $954 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $7,991 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $25,344 | |
| - Operating Expenses | - $7,991 | |
| Net Operating Income | $17,353 | |
| - Annual Debt Service | - $18,012 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-659 | |
Sales in the Past 36 Months....
| May 24, 2024 | 510 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,444 SF | $265,000 |
| May 15, 2024 | 520 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $250,000 |
| Feb 1, 2024 | 520 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $239,900 |
| Oct 19, 2023 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $249,500 |
| Mar 17, 2023 | 520 Davis Mills Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $231,500 |
| Jan 17, 2023 | 2455 Campus View Cir, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $221,000 |
| Aug 19, 2022 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $210,000 |
| May 31, 2022 | 515 Davis Mill Dr, Harrisonburg, VA 22801 | 4 BR | 4 BA | 1,396 SF | $216,000 |
Current Listings....
510 Davis Mills Dr
4 Beds • 4 Baths
1,396 livable square feet
$269,000 (For Sale)
Listing By: Funkhouser Real Estate Group
Neighborhood Map....