4705 Monet Way

• Granite Countertops: Adds a modern, high-end feel to the kitchen. Estimated value add: $3,000 - $5,000. • Stainless Steel Appliances: Modern appliances improve kitchen functionality and aesthetics. Estimated value add: $2,000 - $4,000. • Laminate Flooring: Durable and easy to maintain, adds value compared to older flooring. Estimated value add: $1,000 - $2,000. • Updated Kitchen • Stainless Steel Appliances • Granite Countertops • Laminate Flooring • Price Position: At $420/sqft, the property's pricing is difficult to assess without comparable sales data in the immediate area. • Appreciation Trend: Significant price fluctuations in recent years (2017-present) make it difficult to establish a clear appreciation trend. Sold for $160,000 in 2017, then $244,000, then $353,000 in 2022, now listed at $399,000. • Investment Opportunity: After $5,500 in renovations, potential $10,500 equity gain (190.9% ROI) • Rental Income: $2,496/month with 90% occupancy (0.1% cap rate) • Safety: The total crime rate is higher than both state and national averages. However, violent crime rates are lower than both state and national averages, while property crime is lower than the state average but slightly higher than the national average. • Future Development: Market data is unavailable to assess planned changes. • Good natural light in the kitchen and living area due to the sliding glass door and windows. Bedrooms have adequate natural light.