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1035 Wong Lane, Honolulu, HI 96817
7 min drive to Flies
About lifestyles
Great cash flowing investment property. Mainly hollow tile apartment building with 4 units. There are three 3 bedroom/1 bath units @ $2,350-$2,500 and one 2 bedroom/1 bath unit @ $1,300. Monthly net income is $8,550. Annual net income is $79,569. 5.68% CAP Rate. Renovated in 2021 with new roof, freshly painted exterior. All units have new kitchen and bathrooms that include quartz countertops, stainless steel appliances, tiled bathroom shower walls and floors.
Secured property with security gate with 4 assigned parking stalls. Located close to freeway access. Please do not walk on property or disturb tenants without an appointment. Seller can offer seller financing second position PMM at 25% at 4% annual interest rate amortized over 30 years, with a 5-10 year term.
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Multi-family details
1937 year built
- Year Built 1937
- Year Remodeled 2021
- Original list price $1,400,000
- Days on market 934
- Building type Fourplex
- Price per sqft $431/sqft
-
Address
1035 Wong Lane, Honolulu, HI, 96817
- Frontage Other
- Neighborhood Kapalama
- Land tenure FS - Fee Simple
- Land SqFt 5,060 sqft
- View None
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$6,629
Taxes
$205
HOA dues
$0
Mortgage
Down payment
$260,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$6,629 / month
Neighborhood: Kapalama
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
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no data
11.5 / 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
Unit Information
4 total units
# of 1 Bd
0
# of 2 Bd
1
# of 3 Bd
3
Total Units
4
Amenities & Features
4 parking places
Stories
Two
Furnished
Partial
Roof
Asphalt Shingle
Construction
Hollow Tile, Wood Frame
Utilities
Cable, Internet, Overhead Electricity, Public Water
Property Condition
Above Average, Average
Parking
Assigned
nr.of parking places
4
Amenities
None
Income
Net Operating Income: $79,569
Total Actual Rent
$8,550
Total Annual Operating Expenses
Total Income
$102,600
Net Operating Income
$79,569
Kapalama prices
No information about average prices in this area
-
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
Elementary School
|
0.095mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
Middle School
|
0.273mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
High School
|
0.39mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Princess Miriam K Likelike Elementary School
1618 Palama St,
Honolulu, HI 96817
|
0.095mi |
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.273mi | |
| out of 10 |
Lanakila Elementary School
717 North Kuakini St,
Honolulu, HI 96817
|
0.274mi |
| out of 10 |
Princess Victoria Kaiulani Elementary School
783 North King St,
Honolulu, HI 96817
|
0.356mi |
| out of 10 |
Kauluwela Elementary School
1486 Aala St,
Honolulu, HI 96817
|
0.55mi |
| School rating | Distance | |
|---|---|---|
|
St. Theresa School
712 North School Street,
Honolulu, HI 96817
|
0.273mi | |
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.39mi | |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.727mi | |
| out of 10 |
King David Kalakaua Middle School
821 Kalihi St,
Honolulu, HI 96819
|
0.759mi |
|
Waolani Judd Nazarene School
408 Judd Street,
Honolulu, HI 96817
|
0.804mi |
| School rating | Distance | |
|---|---|---|
|
Damien Memorial School
1401 Houghtailing Street,
Honolulu, HI 96817
|
0.39mi | |
| out of 10 |
Governor Wallace Rider Farrington High School
1564 North King St,
Honolulu, HI 96817
|
0.667mi |
|
Academy Of The Pacific
913 Alewa Drive,
Honolulu, HI 96817
|
0.727mi | |
|
Halau Lokahi - A New Century Public Charter School
401 Waiakamilo Rd,
Honolulu, HI 96817
|
0.916mi | |
|
Kamehameha Schools Kapalama Campus
1887 Makuakane Street,
Honolulu, HI 96817
|
0.958mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Withdrawn Nov 8, 2021
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Nov 8, 2021 | Withdrawn | $1,300,000 | $431.03 | MLS #202111713 |
| Nov 8, 2021 | Back On Market | $1,300,000 | $431.03 | MLS #202111713 |
| Jun 21, 2021 | Under contract | $1,300,000 | $431.03 | MLS #202111713 |
| Jun 11, 2021 | Back On Market | $1,300,000 | $431.03 | MLS #202111713 |
| Jun 4, 2021 | Under contract | $1,300,000 | $431.03 | MLS #202111713 |
| May 21, 2021 | Price Decrease | $1,300,000 -7.14% | $431.03 | MLS #202111713 |
| May 6, 2021 | New Listing | $1,400,000 +40.7% | $464.19 | MLS #202111713 |
| Jul 1, 2007 | Expired | $995,000 | $329.91 | MLS #2612359 |
| Jul 2, 2006 | New Listing | $995,000 | $329.91 | MLS #2612359 |
Tax & MLS details 1035 Wong Lane, Honolulu, HI, 96817
05 - R-5 Residential District zoning / MLS #202111713
Current Property Taxes p/month
$205
Property Tax Year
2020
Assessed Improvement value
$82,700
Assessed Land value
$570,600
TMK
1-1-6-007-109-0000
Land Recorded
None
Zoning
05 - R-5 Residential District
Flood Zone
Zone X
Topography
Level
Location
Inside
Lot Description
Clear
Property Setbacks
None
Total Assessed value
$653,300
Listed by
Inspired Life Realty, LLC
MLS #
202111713
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
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Frequently asked questions for 1035 Wong Lane
When was this multi-family home built and last sold?
This house was build in 1937.
What is the full address of this multi-family home?
1035 Wong Lane, Honolulu, HI, 96817.
Are there beaches near 1035 Wong Lane?
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 Inspired Life Realty, LLC. 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 November 08, 2021.
Hawaii House Last checked 1 minute ago.
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