A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
STONEWALL HEIGHTS
Northfield Estates • Parkcrest • Reherd Acres • Stonewall Heights
Sales Per Year....
| 2023 |
|
3 (ytd) |
| 2022 |
|
9 |
| 2021 |
|
14 |
| 2020 |
|
9 |
| 2019 |
|
7 |
| 2018 |
|
15 |
| 2017 |
|
9 |
Median Sales Price....
| 2023 |
|
$214,000 |
| 2022 |
|
$193,000 |
| 2021 |
|
$180,500 |
| 2020 |
|
$169,900 |
| 2019 |
|
$157,500 |
| 2018 |
|
$147,000 |
| 2017 |
|
$142,000 |
Sample Stonewall Heights Investment Analysis....
| Property Details | ||
| Purchase Price | $198,000 | 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 | $1,782 | estimate based on median sales price |
| Repairs | $525 | estimate based on typical property condition |
| Association Dues | $420 | estimated to be $35 per month |
| Property Management | $0 | assuming self management |
| Insurance | $713 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $3,540 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $12,096 | |
| - Operating Expenses | - $3,540 | |
| Net Operating Income | $8,556 | |
| - Annual Debt Service | - $9,312 | financing 80% of the purchase price at 4.25% |
| Cash Flow Before Taxes | $-756 | |
Sales in the Past 36 Months....
| Mar 17, 2023 | 2378 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,500 SF | $255,000 |
| Mar 14, 2023 | 631 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $214,000 |
| Jan 20, 2023 | 653 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $189,000 |
| Nov 28, 2022 | 2360 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,800 SF | $165,000 |
| Aug 30, 2022 | 2315 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $193,000 |
| Aug 26, 2022 | 2383 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,120 SF | $205,000 |
| Aug 4, 2022 | 2365 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,000 SF | $198,500 |
| Jun 17, 2022 | 623 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $198,000 |
| Jun 13, 2022 | 2372 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 920 SF | $184,000 |
| Mar 11, 2022 | 583 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $198,000 |
| Jan 31, 2022 | 635 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,200 SF | $189,000 |
| Jan 6, 2022 | 2382 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,255 SF | $192,500 |
| Dec 15, 2021 | 689 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,680 SF | $181,000 |
| Dec 3, 2021 | 2305 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,200 SF | $180,000 |
| Nov 3, 2021 | 587 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $197,000 |
| Oct 25, 2021 | 577 Stonewall Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,814 SF | $218,500 |
| Oct 21, 2021 | 2389 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $175,000 |
| Oct 1, 2021 | 2331 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,800 SF | $195,000 |
| Sep 14, 2021 | 683 Stonewall Dr, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $171,000 |
| Aug 3, 2021 | 2342 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 2.5 BA | 1,800 SF | $195,000 |
| Jul 28, 2021 | 2304 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,200 SF | $192,500 |
| Jul 19, 2021 | 2343 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1 BA | 1,000 SF | $180,000 |
| Jul 6, 2021 | 2384 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $199,500 |
| Jul 6, 2021 | 629 Stonewall Dr, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $177,500 |
| Jul 1, 2021 | 2314 Breckenridge Ct, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,120 SF | $170,000 |
| Apr 21, 2021 | 579 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $179,000 |
| Dec 30, 2020 | 2387 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $175,000 |
| Nov 10, 2020 | 687 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,680 SF | $170,000 |
| Nov 6, 2020 | 659 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $168,000 |
| Sep 29, 2020 | 2323 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,800 SF | $175,000 |
| Sep 25, 2020 | 575 Stonewall Dr, Harrisonburg, VA 22801 | 2 BR | 1.5 BA | 1,214 SF | $165,400 |
| Aug 14, 2020 | 2328 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $169,900 |
| Jul 12, 2020 | 2321 Breckenridge Ct, Harrisonburg, VA 22801 | 3 BR | 1.5 BA | 1,200 SF | $175,000 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....