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 

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REHERD ACRES
Northfield Estates  •  Parkcrest  •  Reherd Acres  •  Stonewall Heights
reherd acres
Sales Per Year....
2021 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  11  (ytd)
2020 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  7
2019 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  12
2017 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  13
2016 Townhouse Sale  Townhouse Sale  Townhouse Sale  Townhouse Sale  6
2015 Townhouse Sale  Townhouse Sale  3
 
Median Sales Price....
2021 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $187,500
2020 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $169,900
2019 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $163,750
2018 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $159,450
2017 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $155,000
2016 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $135,000
2015 Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices Townhouse Prices $159,900


Sample Reherd Acres Investment Analysis....
Property Details
Purchase Price $187,500 based on median sales price
 
Income (Annual)
Monthly Rental Rate $975 estimate based on currently available rental data   
Projected Vacancy 4% half a month per year
Gross Operating Income    $11,232     
 
Expense (Annual)
Real Estate Taxes $1,613 estimate based on median sales price
Repairs $488 estimate based on typical property condition
Association Dues $240 estimated to be $20 per month
Property Management $0 assuming self management
Insurance $675 estimate based on recent trends
Utilities $0 assumes tenant pays all utilities
Advertising $100 estimate
Total Operating Expenses    $3,115  
 
Cash Flow Before Tax
Gross Operating Income $11,232  
 - Operating Expenses  - $3,115  
Net Operating Income $8,117     
 - Annual Debt Service  - $8,568 financing 80% of the purchase price at 4%
Cash Flow Before Taxes    $-451     
Sales in the Past 36 Months....
Oct 12, 2021 1060 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,408 SF $163,000
Oct 8, 2021 1233 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,560 SF $229,500
Sep 8, 2021 1056 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 2,091 SF $226,000
Aug 30, 2021 1312 Goldfinch Dr, Harrisonburg, VA 22801 2 BR 2 BA 1,116 SF $225,000
Aug 20, 2021 814 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,320 SF $152,000
Aug 18, 2021 1289 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,624 SF $240,000
Aug 16, 2021 1246 Goldfinch Dr, Harrisonburg, VA 22801 2 BR 1 BA 1,026 SF $162,500
Jul 8, 2021 1234 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,512 SF $185,000
Jun 4, 2021 1051 Oriole Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,440 SF $183,500
Jun 2, 2021 1367 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,408 SF $187,500
Apr 14, 2021 1082 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,608 SF $197,000
Aug 10, 2020 1063 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 1.5 BA 2,112 SF $179,250
Jul 27, 2020 1253 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,638 SF $169,900
Jun 25, 2020 1285 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,884 SF $208,500
Jun 9, 2020 1297 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,856 SF $205,600
Jun 5, 2020 1226 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,532 SF $165,000
Feb 7, 2020 1048 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,472 SF $132,000
Jan 24, 2020 1040 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,834 SF $142,800
Dec 27, 2019 1082 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 1.5 BA 1,608 SF $165,000
Dec 5, 2019 1341 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,372 SF $228,000
Jul 30, 2019 954 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 2,112 SF $162,500
Jun 3, 2019 1236 Goldfinch Dr, Harrisonburg, VA 22801 3 BR 2.5 BA 1,524 SF $162,000
Apr 12, 2019 1053 Meadowlark Dr, Harrisonburg, VA 22801 3 BR 2 BA 1,980 SF $165,000
Mar 4, 2019 1055 Oriole Ln, Harrisonburg, VA 22801 3 BR 2.5 BA 1,460 SF $139,000
Dec 10, 2018 911 Meadowlark Dr, Harrisonburg, VA 22801 2 BR 2.5 BA 2,046 SF $159,000
Dec 3, 2018 1132 Bluebird Ct, Harrisonburg, VA 22801 3 BR 2.5 BA 1,426 SF $160,000
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.