200 P St APT C21

• Walk-in closet: Adds functionality and storage space, increasing appeal to potential buyers • Balcony/Sunroom: Provides additional living space and natural light, enhancing the property's appeal • Community Pool: Increases the property's appeal to potential buyers, especially families and those seeking recreational amenities • Balcony/Sunroom • Walk-in Closet • Community Pool • Tennis Court • Price Position: At $257.14/sqft, further analysis is needed to compare to similar condos in the area. Without local market data, it's difficult to assess if this is a competitive price. • Appreciation Trend: Sold in 2003 for $219,000 and in 1999 for $120,000, indicating significant appreciation over the long term. However, recent price adjustments suggest a potential plateau or correction. • Rental Income: $1,756/month with 99% occupancy (0.0% cap rate) • Schools: The strong rating of William Land Elementary School (8/10) likely adds a premium to property values in the area. Homes within the attendance zone of highly-rated elementary schools often command higher prices compared to those in areas with lower-rated schools. The impact of the middle and high school ratings on property values is less clear. • Safety: The overall crime rate of 2653.0 per 100,000 residents is concerning. Violent crime is lower than state and national averages (-16.8% and -23.6%, respectively). However, property crime is lower than the state average (-5.3%) but higher than the national average (13.6%). Robbery, burglary, and motor vehicle theft rates are mixed compared to state and national figures, indicating a nuanced safety profile. • Future Development: The property description highlights proximity to various amenities, including the Old Sacramento Waterfront, Crocker Art Museum, DOCO, and sports venues. These nearby attractions suggest ongoing investment in the downtown area, which could positively impact property values. • The layout is functional, with an open living and dining area. The kitchen is separate but accessible. The bedrooms are adequately sized. The balcony/sunroom provides additional living space.