A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
THE TOWNES AT BLUESTONE
Taylor Spring • The Townes at Bluestone
Sales Per Year....
| 2023 |
|
7 (ytd) |
| 2022 |
|
13 |
| 2021 |
|
8 |
| 2020 |
|
24 |
| 2019 |
|
26 |
| 2018 |
|
24 |
| 2017 |
|
20 |
Median Sales Price....
| 2023 |
|
$319,900 |
| 2022 |
|
$310,000 |
| 2021 |
|
$279,450 |
| 2020 |
|
$254,088 |
| 2019 |
|
$241,867 |
| 2018 |
|
$229,500 |
| 2017 |
|
$215,000 |
Sample The Townes at Bluestone Investment Analysis....
| Property Details | ||
| Purchase Price | $318,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,600 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $18,432 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,862 | estimate based on median sales price |
| Repairs | $800 | estimate based on typical property condition |
| Association Dues | $360 | estimated to be $30 per month |
| Property Management | $0 | assuming self management |
| Insurance | $1,145 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $5,267 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $18,432 | |
| - Operating Expenses | - $5,267 | |
| Net Operating Income | $13,165 | |
| - Annual Debt Service | - $14,952 | financing 80% of the purchase price at 4.25% |
| Cash Flow Before Taxes | $-1,787 | |
Sales in the Past 36 Months....
| Oct 10, 2023 | 2245 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,122 SF | $326,000 |
| Sep 26, 2023 | 348 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 2 BR | 3 BA | 2,148 SF | $312,500 |
| Aug 22, 2023 | 373 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,456 SF | $320,000 |
| Aug 1, 2023 | 2210 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,160 SF | $330,000 |
| Jul 21, 2023 | 2214 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,076 SF | $319,900 |
| Jul 3, 2023 | 388 Tanzanite Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,144 SF | $318,000 |
| Mar 15, 2023 | 361 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 4 BR | 3.5 BA | 2,448 SF | $311,000 |
| Dec 16, 2022 | 372 Tanzanite Dr, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,144 SF | $290,000 |
| Dec 2, 2022 | 2244 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,760 SF | $295,000 |
| Sep 14, 2022 | 384 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,670 SF | $315,000 |
| Jul 11, 2022 | 2228 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,760 SF | $330,000 |
| Jul 11, 2022 | 2230 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,760 SF | $309,900 |
| Jun 17, 2022 | 350 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,040 SF | $310,000 |
| Jun 15, 2022 | 2208 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,632 SF | $325,000 |
| Jun 13, 2022 | 2211 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,448 SF | $325,000 |
| May 31, 2022 | 2232 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,160 SF | $327,777 |
| May 24, 2022 | 310 Sapphire Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,416 SF | $332,000 |
| Mar 17, 2022 | 376 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 2,150 SF | $299,900 |
| Mar 11, 2022 | 348 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 2 BR | 3 BA | 2,148 SF | $294,900 |
| Feb 11, 2022 | 2241 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,434 SF | $310,000 |
| Dec 10, 2021 | 336 Sapphire Dr, Harrisonburg, VA 22801 | 2 BR | 3.5 BA | 2,520 SF | $292,500 |
| Sep 24, 2021 | 318 Sapphire Dr, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,616 SF | $270,000 |
| Aug 9, 2021 | 2223 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,650 SF | $288,000 |
| Jun 21, 2021 | 353 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,400 SF | $269,900 |
| Apr 28, 2021 | 360 Blue Stone Hills Dr, Harrisonburg, VA 22801 | 3 BR | 3.5 BA | 2,196 SF | $279,900 |
| Apr 20, 2021 | 2189 Deyerle Ave, Harrisonburg, VA 22801 | 3 BR | 2.5 BA | 1,676 SF | $260,000 |
| Apr 14, 2021 | 2212 Lapis Ln, Harrisonburg, VA 22801 | 3 BR | 3 BA | 2,032 SF | $280,000 |
| Mar 19, 2021 | 2195 Deyerle Ave, Harrisonburg, VA 22801 | 2 BR | 3.5 BA | 2,000 SF | $279,000 |
Current Listings....
There are no properties on the market right now!
Neighborhood Map....