Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
HarrisonburgInvestmentProperties.com
 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
HARMONY HEIGHTS
Avalon Woods  •  Beacon Hill Townes  •  Harmony Heights  •  Liberty Square
harmony heights
Sales Per Year....
2024 1  (ytd)
2023 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
2022 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2021 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2020 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  9
2019 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11
 
Median Sales Price....
2024 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $287,000
2023 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $240,000
2022 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $295,000
2021 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $213,000
2020 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $188,500
2019 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $193,750
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $159,000


Sample Harmony Heights Investment Analysis....
Property Details
Purchase Price $239,000 based on median sales price
 
Income (Annual)
Monthly Rental Rate $1,300 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $14,976     
 
Expense (Annual)
Real Estate Taxes $2,151 estimate based on median sales price
Repairs $650 estimate based on typical property condition
Association Dues $540 estimated to be $45 per month
Property Management $0 assuming self management
Insurance $860 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $4,301  
 
Cash Flow Before Tax
Gross Operating Income $14,976  
 - Operating Expenses  - $4,301  
Net Operating Income $10,675     
 - Annual Debt Service  - $16,248 financing 80% of the purchase price at 7.75%
Cash Flow Before Taxes    $-5,573     
Sales in the Past 36 Months....
Mar 4, 2024 2291 Lake Terrace Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,302 SF $287,000
Dec 26, 2023 1320 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $235,000
Oct 20, 2023 1242 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $240,000
Jun 9, 2023 1202 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $238,000
May 11, 2023 1318 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $246,000
May 10, 2023 1665 Buttonwood Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,000 SF $192,000
Mar 24, 2023 2291 Lake Terrace Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,302 SF $275,000
Jan 13, 2023 2152 Lake Terrace Dr, Harrisonburg, VA 22801 4 BR 3 BA 2,268 SF $345,000
Oct 3, 2022 1662 Buttonwood Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 864 SF $175,000
Sep 12, 2022 2142 Lake Terrace Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,788 SF $361,560
Aug 19, 2022 1958 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,760 SF $299,500
Jul 28, 2022 1986 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,630 SF $295,000
Jun 30, 2022 2260 Lake Terrace Dr, Harrisonburg, VA 22801 2 BR 2 BA 1,654 SF $340,000
Jun 30, 2022 2339 Virginia Ave, Harrisonburg, VA 22801 3 BR 2.5 BA 1,600 SF $266,000
Jun 27, 2022 1950 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,630 SF $299,900
Jun 24, 2022 1921 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 2,270 SF $291,500
Jun 21, 2022 1242 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,400 SF $222,500
Dec 27, 2021 1663 Buttonwood Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 972 SF $155,000
Nov 30, 2021 2053 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,216 SF $275,000
Sep 17, 2021 1310 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $213,000
Jul 26, 2021 2009 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,104 SF $267,000
Jul 7, 2021 1661 Buttonwood Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 972 SF $155,000
Jul 6, 2021 1316 Old Windmill Cir, Harrisonburg, VA 22801 3 BR 2.5 BA 1,412 SF $201,000
Apr 27, 2021 2061 Buttonwood Ct, Harrisonburg, VA 22801 3 BR 3.5 BA 2,228 SF $250,000
Current Listings....
There are no properties on the market right now!
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.