A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
2881 Taylor Spring Ln, Rockingham, VA 22801 • $309,900
MLS# 666566 • For Sale
| Subdivision: | Taylor Spring |
| Area: | Rockingham |
| Heating: | Electric, Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 2003 (22 years old) |
| Lot Size: | 0.11 acres |
| Association Fee: | $65 |
| Days on Market: | 4 (since Jul 8, 2025) |
| Listing By: | Connexa Real Estate |
Upgraded and move in ready! This 3-bedroom, 2.5-bath end-unit townhome features a classic brick front and a remodeled kitchen with granite counters, a deep basin sink, stainless steel appliances, and a sunny eat-in area that opens to the rear deck—perfect for grilling or relaxing with a view. The main level includes a tiled foyer, convenient half bath, and a spacious living room with updated flooring. Upstairs, enjoy 3 generously sized bedrooms, including a primary suite with vaulted ceilings, a walk-in closet, and a private bath with tile flooring. The walkout basement is a major bonus—partially finished with extra living space for a home office, gym or rec room, and plenty of storage! New HVAC (2023). Located in the sought-after Taylor Springs community with easy access to JMU, Sentara RMH and Coffman Corner shopping. A great value with thoughtful upgrades! Schedule your showing today.
| Elementary School: Cub Run (Rockingham) | Middle School: Montevideo | High School: Spotswood |
Sample Taylor Spring Investment Analysis....
| Property Details | ||
| Purchase Price | $296,500 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,700 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $19,584 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,669 | estimate based on median sales price |
| Repairs | $850 | estimate based on typical property condition |
| Association Dues | $660 | estimated to be $55 per month |
| Property Management | $0 | assuming self management |
| Insurance | $1,067 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $5,346 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $19,584 | |
| - Operating Expenses | - $5,346 | |
| Net Operating Income | $14,238 | |
| - Annual Debt Service | - $20,160 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-5,922 | |