1535 38th St

• Hardwood Flooring: Classic and durable flooring, adds warmth and value • Updated Kitchen: Modern appliances and finishes, highly desirable • Vaulted Ceilings: Creates a spacious and airy feel, adds architectural interest • Stone Fireplace: Focal point, adds warmth and character • Hardwood Floors • Updated Kitchen • Vaulted Ceilings • Stone Fireplace • Price Position: At $617.81/sqft, a comparative analysis with similar properties in Curtis Park is needed to determine if the price is justified. • Appreciation Trend: Significant appreciation since the last sale in 2014 ($685,000 to $2,095,000), but further analysis is needed to determine the annual appreciation rate and compare it to market trends. • Investment Opportunity: After $13,000 in renovations, potential $67,000 equity gain (515.4% ROI) • Rental Income: $2,083/month with 95% occupancy (4.2% cap rate) • Schools: The presence of above-average elementary and middle schools likely adds a moderate premium (3-5%) to property values. However, the low-rated high school could be a deterrent for some families and may limit future appreciation potential. • Safety: Compared to state averages, violent crime is -16.8% lower, and property crime is -5.3% lower. Compared to national averages, violent crime is -23.6% lower, but property crime is 13.6% higher. Robbery is significantly higher than the national average (66.9%). • Future Development: No specific planned changes are mentioned that would directly impact this property. • Good natural light throughout the main living areas, especially in the kitchen and living room with large windows and skylights. Bedrooms also have ample natural light. • Open concept living area with good flow between kitchen, dining, and living spaces. Bedrooms are well-separated for privacy. The layout is functional and well-suited for modern living.