A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
1336 Hunters Rd, Harrisonburg, VA 22801 • $209,000
MLS# 675532 • For Sale
| Subdivision: | Hunters Ridge |
| Area: | Harrisonburg |
| Heating: | Electric, Heat Pump |
| Cooling: | Heat Pump |
| Circa: | 1988 (38 years old) |
| Lot Size: | 0.00 acres |
| Association Fee: | $200 |
| Days on Market: | 4 (since Apr 8, 2026) |
| Listing By: | Funkhouser Real Estate Group |
Amazing Location! Awesome Investment Opportunity! Close to JMU! This fully updated, very well cared for, one level condo offers 2 spacious bedrooms, 2 full bathrooms with walk-in showers and newer toilets, stainless appliances, white cabinets with under cabinet lighting, updated light fixtures, laminate flooring throughout, coffered/beadboard ceiling, nice storage room, and patio. Do not miss this opportunity!
| Elementary School: Stone Spring | Middle School: Skyline | High School: Rocktown |
Sample Hunters Ridge Investment Analysis....
| Property Details | ||
| Purchase Price | $239,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $900 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $10,368 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,151 | estimate based on median sales price |
| Repairs | $900 | estimate based on typical property condition |
| Association Dues | $3,000 | estimated to be $250 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 | $7,011 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $10,368 | |
| - Operating Expenses | - $7,011 | |
| Net Operating Income | $3,357 | |
| - Annual Debt Service | - $16,248 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-12,891 | |