Trophy Property located on a non-through street blocks from famous Waikiki Beach, this beautiful building is a quiet neighborhood oasis. All units have nice lanai/balcony space for tradewind breezes and lots of natural light. New paint and brand new roof with warranty means excellent income and fantastic return! All units have been renovated, and all parking is covered. 100% occupied at market rents, so easy to 'plug and play' with your own management team. Tenants pay separately metered electricity, AND water, so your monthly expenses are WAY lower than normal. Nice, covered laundry area w machines leased by WASH; agreement expires 6/2024.
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 3
Listing Office:
Office Name: Commercial Inv. Strategies
Office Phone: (808) 429-1098
Agent Phone: (808) 429-1098
Exterior Features
Exterior Information:
Waterfront: Other
View: City
Exterior: None
Parking Information:
Parking: Assigned
Utilities
Utilities Information:
Heating: None
Cooling: None
School Info
Assigned Schools Information:
Kaimuki High School, Public District Grades 9-12
Anuenue School, Public District Grades PK-12
President George Washington Middle School, Public District Grades 6-8
President Thomas Jefferson Elementary School, Public District Grades PK-5
Price Information
Listing Price Info
Price Summary:
List Price: $5,150,000
Tax Information:
Annual Amount: $8,108
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Honolulu, HI.
This property is $4.4M more than the Median Sold Price in Honolulu, HI.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #202324400
Listing Office:
Office Name: Commercial Inv. Strategies
Office Phone: (808) 429-1098
Agent Phone: (808) 429-1098
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.
Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/2/2024, 12:55:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jan 23, 2002
Jan 23, 2002Home Sold
$925,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$8,108
$2,316,600
2020
$7,865
$2,247,200
2019
$7,571
$2,190,200
2018
$7,572
$2,163,300
2017
$7,440
$2,125,700
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25.7K
Per Month
Principal & Interest
$25.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
President Thomas Jefferson Elementary School
324 Kapahulu Ave
Distance between this listing and this school0.07 miles
Public District Grades PK-5
Middle School
5
/10
President George Washington Middle School
1633 S King St
Distance between this listing and this school1.78 miles
Public District Grades 6-8
High School
2
/10
Kaimuki High School
2705 Kaimuki Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
6
/10
Anuenue School
2528 10th Ave
Distance between this listing and this school2.79 miles
Public District Grades PK-12
Assigned Schools
6
/10
President Thomas Jefferson Elementary School
324 Kapahulu Ave
Distance between this listing and this school0.07 miles
Public District Grades PK-5
Nearby Schools
9
/10
Waikiki Elementary School
3710 Leahi Ave
Distance between this listing and this school0.53 miles
Public District Grades PK-6
4
/10
Ala Wai Elementary School
503 Kamoku St
Distance between this listing and this school0.87 miles
Public District Grades PK-5
Assigned Schools
5
/10
President George Washington Middle School
1633 S King St
Distance between this listing and this school1.78 miles
Public District Grades 6-8
Nearby Schools
9
/10
Kaimuki Middle School
631 18th Ave
Distance between this listing and this school1.55 miles
Public District Grades 6-8
5
/10
School For Examining Essential Questions of Sustai
845 22nd Ave
Distance between this listing and this school1.77 miles
Public Charter Grades 6-7
Assigned Schools
2
/10
Kaimuki High School
2705 Kaimuki Ave
Distance between this listing and this school0.83 miles
Public District Grades 9-12
6
/10
Anuenue School
2528 10th Ave
Distance between this listing and this school2.79 miles
Public District Grades PK-12
Nearby Schools
7
/10
University Lab School
1776 University Ave
Distance between this listing and this school1.67 miles
The neighbors living near this home have an average income of $48,580. Residents of Honolulu, HI typically earn between $35k-100k each year. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 287 Wai Nani Way in Honolulu, HI and zip code 96815 in the Waikiki neighborhood. This home was built in 1963. It has been listed on Rocket Homes since October 25, 2023 and is currently priced at $5,150,000.
Over 53 listings were sold over their listed price in April 2024 in Honolulu, HI. In the same period over 187 listings were sold below the listed price and 68 listings were sold for the listed price. The inventory of homes for sale in Honolulu, HI between March 2024 and April 2024 increased by 11.3%.
From Rocket Homes Real Estate and based on county public records data.