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981 Prospect St, Honolulu, HI 96822
$1,295,000
▼ $180,000
Home
expired
6 beds
3 full + 1 half baths
2,422 sqft
Neighborhood:
Punchbowl Area
7 min walk to Stevenson Recreation Center
- min drive to surf
About lifestyles
OVER 5.2% CAP RATE! REMODELED in 2016, 4-UNIT, MULTI-FAMILY INVESTMENT PROPERTY IN TOWN! Highly desirable Makiki/Punchbowl area. 4 separate units: Street Level - 4 bed/1-1/2 bath; 2nd floor - 1 bed/1-bath + 1 den; lower yard level (units 2 & 3) consist of 2 efficiencies (2 kitchenettes, 1 shared bath that open to a large backyard). Live in one unit and lease the others, or lease all four. Home has a 1-car garage. Currently Leased: Street Level: $3,100/mo; 2nd floor: $1950; Projected Monthly Lease: Lower Yard-Level 1: $975, Lower Yard-Level 2: $975 (these 2 are currently occupied by family members). TOTAL REVENUE $6,950 per month. Gross per annum: $83,400 + $2,400 coin laundry revenue. Expenses ($17,610), Net Operating Income projected at $68,190 per annum. CAP RATE: 5.26%
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Home details
2,422 sqft interior area
- Year Built 1922
- Year Remodeled 2016
- Original list price $1,595,000
- Days on market 2338
- Price per sqft $535/sqft
- Baths 3 full + 1 half
- Beds 6
-
Address
981 Prospect St, Honolulu, HI, 96822
- Total area 2,422 sqft
- Interior area 2,422 sqft
- Land area 4,285 sqft
- nr.of parking places 5
- Property type Detach Single Family
- Frontage Other
- Pool None
- Neighborhood Punchbowl Area
- City of Oahu Honolulu
- Region Honolulu
- Island Oahu
- Land tenure FS - Fee Simple
- View None, Mountain, Other
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$6,603
Taxes
$272
HOA dues
$0
Mortgage
Down payment
$259,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$6,603 / month
Neighborhood: Punchbowl Area
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
12.83 / 20
Somewhat walkable
►
18-20
Most Walkable
15-18
Very walkable
10-15
Somewhat walkable
1-10
Car dependent
Walkability according to the National Walkability Index
Amenities & Features
5 parking places, Ceramic Tile floors
Floors
Ceramic Tile
Stories
Three+
Furnished
None
Roof
Asphalt Shingle
Construction
Other, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water, Sewer Fee, Telephone, Water
Property Condition
Average
Amenities
Bedroom on 1st Floor, Full Bath on 1st Floor
Inclusions
Range/Oven, Refrigerator
Punchbowl Area prices
Average price $912.4k
Neighborhood average sales price*
$912.4k
Neighborhood median sales price*
$639k
Number or sales*
15
Street median sales price*
$635k
Median sale price Milowai*
$599k
*last 6 months
Schools
15 schools with rating up to 9
| School rating | Distance | |
|---|---|---|
| out of 10 |
President Abraham Lincoln Elementary School
615 Auwaiolimu St,
Honolulu, HI 96813
Elementary School
|
0.417mi |
| out of 10 |
Robert Louis Stevenson Middle School
1202 Prospect St,
Honolulu, HI 96822
Middle School
|
0.331mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
High School
|
0.267mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President Abraham Lincoln Elementary School
615 Auwaiolimu St,
Honolulu, HI 96813
|
0.417mi |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.449mi |
| out of 10 |
Royal Elementary School
1519 Queen Emma St,
Honolulu, HI 96813
|
0.5mi |
|
Montessori Community School
1239 Nehoa Street,
Honolulu, HI 96822
|
0.584mi | |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.628mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Robert Louis Stevenson Middle School
1202 Prospect St,
Honolulu, HI 96822
|
0.331mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.628mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.628mi | |
|
St Andrews Priory School
224 Queen Emma Square,
Honolulu, HI 96813
|
0.722mi | |
|
Hongwanji Mission School
1728 Pali Hwy,
Honolulu, HI 96813
|
0.729mi |
| School rating | Distance | |
|---|---|---|
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.267mi | |
| out of 10 |
President Theodore Roosevelt High School
1120 Nehoa St,
Honolulu, HI 96822
|
0.539mi |
|
K12 International Academy
1390 Miller Street ,
Honolulu, HI 96813
|
0.628mi | |
|
The Keystone School
1390 Miller Street,
Honolulu, HI 96813
|
0.628mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.655mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Jun 9, 2018
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jun 9, 2018 | Expired | $1,295,000 | $534.68 | MLS #201712958 |
| Jun 7, 2018 | Expired | $1,295,000 | $534.68 | MLS #201713238 |
| Jan 4, 2018 | Temporarily Withdrawn | $1,295,000 | $534.68 | MLS #201712958 |
| Jan 4, 2018 | Temporarily Withdrawn | $1,295,000 | $534.68 | MLS #201713238 |
| Sep 29, 2017 | Price Decrease | $1,295,000 -12.2% | $534.68 | MLS #201713238 |
| Sep 29, 2017 | Price Decrease | $1,295,000 -12.2% | $534.68 | MLS #201712958 |
| Sep 29, 2017 | Back On Market | $1,475,000 | $609.00 | MLS #201713238 |
| Sep 29, 2017 | Back On Market | $1,475,000 | $609.00 | MLS #201712958 |
| Sep 10, 2017 | Temporarily Withdrawn | $1,475,000 | $609.00 | MLS #201712958 |
| Sep 10, 2017 | Temporarily Withdrawn | $1,475,000 | $609.00 | MLS #201713238 |
| Jul 10, 2017 | Price Decrease | $1,475,000 -7.52% | $609.00 | MLS #201713238 |
| Jul 10, 2017 | Price Decrease | $1,475,000 -7.52% | $609.00 | MLS #201712958 |
| Jun 14, 2017 | New Listing | $1,595,000 +23.17% | $658.55 | MLS #201713238 |
| Jun 10, 2017 | New Listing | $1,595,000 +459.65% | $658.55 | MLS #201712958 |
| May 18, 2001 | Expired | $285,000 | $117.67 | MLS #2012111 |
| Mar 13, 2001 | Sold | $255,000 | $105.28 | Public Record |
| Mar 13, 2001 | Price Decrease | $255,000 -10.53% | $105.28 | MLS #2012108 |
| Jan 8, 2001 | In Escrow - not showing | $285,000 | $117.67 | MLS #2012111 |
| Jan 8, 2001 | In Escrow - not showing | $285,000 | $117.67 | MLS #2012108 |
| Dec 14, 2000 | New Listing | $285,000 +11.76% | $117.67 | MLS #2012111 |
| Dec 14, 2000 | New Listing | $285,000 | $117.67 | MLS #2012108 |
Tax & MLS details 981 Prospect St, Honolulu, HI, 96822
12 - A-2 Medium Density Apartme zoning / MLS #201712958
Current Property Taxes p/month
$272
Property Tax Year
2016
Assessed Improvement value
$184,800
Assessed Land value
$792,700
TMK
1-2-4-015-032-0000
Land Recorded
Land Court
Zoning
12 - A-2 Medium Density Apartme
Flood Zone
Zone X
Topography
Down Slope
Location
Other
Lot Description
Other
Property Setbacks
C&C, Of Record
Total Assessed value
$977,500
Listed by
Eovino & Associates, Inc.
MLS #
201712958
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Frequently asked questions for 981 Prospect St
What is 981 Prospect St?
981 Prospect St, Honolulu, HI, 96822 is a single family home located in the Punchbowl Area neighborhood of the Honolulu region in the city of Honolulu in zipcode 96822. This single family home has 6 bedrooms & 3 full + 1 half bathrooms with an interior area of 2422 sqft, on a 4285 sqft lot.
When was this home built and last sold?
This house was build in 1922.
What is the full address of this home?
981 Prospect St, Honolulu, HI, 96822.
Are there beaches near 981 Prospect St?
No, there aren't.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Eovino & Associates, Inc.. Some 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. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.
Listings last updated on June 09, 2018.
Hawaii House Last checked less than a minute ago.
981 Prospect St, Honolulu, HI, 96822 is a single family home located in the Punchbowl Area neighborhood
of the Honolulu region in the city of Honolulu in zipcode 96822.
This single family home has 6 bedrooms &
3 full + 1 half bathrooms with an interior area of 2422 sqft,
on a 4285 sqft lot. This house was build in 1922.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
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