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 

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NORTHFIELD ESTATES
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
northfield estates
Sales Per Year....
2024 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  4  (ytd)
2023 Townhouse Sale  Townhouse Sale  2
2022 Townhouse Sale  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  8
2020 Townhouse Sale  Townhouse Sale  2
2019 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  4
2018 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  10
 
Median Sales Price....
2024 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $245,000
2023 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $197,500
2022 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $183,500
2021 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $166,000
2020 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $139,250
2019 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $146,500
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $139,750


Sample Northfield Estates Investment Analysis....
Property Details
Purchase Price $230,000 based on median sales price
 
Income (Annual)
Monthly Rental Rate $1,050 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $12,096     
 
Expense (Annual)
Real Estate Taxes $2,070 estimate based on median sales price
Repairs $525 estimate based on typical property condition
Association Dues $432 estimated to be $36 per month
Property Management $0 assuming self management
Insurance $828 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,955  
 
Cash Flow Before Tax
Gross Operating Income $12,096  
 - Operating Expenses  - $3,955  
Net Operating Income $8,141     
 - Annual Debt Service  - $15,636 financing 80% of the purchase price at 7.75%
Cash Flow Before Taxes    $-7,495     
Sales in the Past 36 Months....
Jul 3, 2024 713 Northfield Ct, Harrisonburg, VA 22801 3 BR 2 BA 1,804 SF $265,000
Apr 30, 2024 802 Northfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,352 SF $230,000
Mar 7, 2024 737 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,817 SF $260,000
Feb 20, 2024 663 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,820 SF $181,000
Sep 28, 2023 909 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,120 SF $210,000
Mar 3, 2023 879 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $185,000
Oct 31, 2022 919 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,080 SF $178,500
Oct 17, 2022 463 Northglen Ln, Harrisonburg, VA 22801 3 BR 3.5 BA 1,920 SF $230,000
Sep 21, 2022 729 Northfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,166 SF $169,500
Aug 31, 2022 833 Northfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,224 SF $183,500
May 16, 2022 667 Northfield Ct, Harrisonburg, VA 22801 2 BR 2.5 BA 1,860 SF $216,000
May 11, 2022 731 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,144 SF $175,000
May 6, 2022 745 Northfield Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,644 SF $200,000
Apr 14, 2022 839 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,224 SF $190,000
Mar 25, 2022 956 Northfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,372 SF $175,000
Dec 15, 2021 802 Northfield Ct, Harrisonburg, VA 22801 2 BR 1.5 BA 1,374 SF $169,000
Nov 5, 2021 713 Northfield Ct, Harrisonburg, VA 22801 3 BR 2 BA 1,804 SF $210,200
Nov 5, 2021 406 Glenfield Ct, Harrisonburg, VA 22801 3 BR 1.5 BA 1,146 SF $181,500
Oct 29, 2021 751 Northfield Ct, Harrisonburg, VA 22801 2 BR 2 BA 1,224 SF $191,000
Current Listings....
There are no properties on the market right now!
Neighborhood Map....
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Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.