SOLD 01/30/2024
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47-862 Kamehameha Hwy, Kaneohe, HI 96744
$1,800,000 $1,999,000
Multi-Family Home
sold
5,693 sqft
Neighborhood:
Kaalaea
Sold 01/30/2024
$1,800,000 $1,999,000
24 min walk to Waiahole/Waikane Nature Preserve
4 min drive to the beach
About lifestyles
Fantastic opportunity at the windward side, live and invest in the beautiful ka'alaea of Kahaluu. A rarely available 1.2 acres comes with four single-family homes. Move into a completely renovated house while collecting monthly rent from the other occupied remaining units. Ocean and mountain views, fresh clean air, breezes, quietness, native plants, and greens surround this unique peace of paradise. This is a must-see property, don't miss this terrific opportunity.
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Multi-family details
1961 year built
- Year Built 1961
- Year Remodeled 2023
- Original list price $1,945,000
- Days on market 171
- Building type Multi Dwellings
- Price per sqft $316/sqft
-
Address
47-862 Kamehameha Hwy, Kaneohe, HI, 96744
- Frontage Other
- Neighborhood Kaalaea
- Land tenure FS - Fee Simple
- Land SqFt 53,085 sqft
- View Mountain, Ocean
Open Houses
No upcoming open houses
Monthly payment
Calculate your monthly payments
Mortgage
$9,178
Taxes
$47
HOA dues
$0
Mortgage
Down payment
$360,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$9,178 / month
Neighborhood: Kaalaea
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
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no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data
10.67 / 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
0
# of 3 Bd
4
Total Units
4
Amenities & Features
7 parking places
Stories
One
Furnished
Partial
Roof
Asphalt Shingle
Construction
Above Ground, Single Wall, Wood Frame
Utilities
Cable, Cesspool, Internet, Overhead Electricity, Public Water, Telephone, Water
Property Condition
Average
Parking
Assigned, Covered, Open
nr.of parking places
7
Amenities
ADA Compliant
Income
Net Operating Income: $54,973
Total Actual Rent
$5,280
Total Annual Operating Expenses
$8,387
Total Income
$63,360
Net Operating Income
$54,973
Kaalaea prices
Average price $617.37k
Neighborhood average sales price*
$617.37k
Neighborhood median sales price*
$450k
Number or sales*
41
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
Elementary School
|
0.765mi |
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
Middle School
|
0.765mi |
| out of 10 |
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
High School
|
4.938mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
0.765mi |
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
1.179mi |
| out of 10 |
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
2.859mi |
| out of 10 |
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
4.526mi |
|
St Ann's Model Schools
46 Haiku Road,
Kaneohe, HI 96744
|
4.688mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
0.765mi |
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
1.179mi |
| out of 10 |
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
2.859mi |
| out of 10 |
Governor Samuel Wilder King Intermediate School
46155 Kamehameha Hwy,
Kaneohe, HI 96744
|
4.098mi |
| out of 10 |
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
4.526mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
|
4.938mi |
| out of 10 |
Castle High School
45386 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
5.893mi |
|
Koolau Baptist Academy
Po Box 1642,
Kaneohe, HI 96744
|
6.01mi | |
| out of 10 |
Ke Kula O Samuel M Kamakau - A Laboratory Public Charter School
45037 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
6.154mi |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
7.262mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Jan 30, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 30, 2024 | Sold | $1,800,000 | $316.18 | Public Record |
| Jan 7, 2024 | In Escrow - not showing | $1,999,000 | $351.13 | MLS #202318694 |
| Dec 7, 2023 | Active Under Contract | $1,999,000 | $351.13 | MLS #202318694 |
| Oct 6, 2023 | Back On Market | $1,999,000 | $351.13 | MLS #202318694 |
| Oct 6, 2023 | Price Increase | $1,999,000 +2.78% | $351.13 | MLS #202318694 |
| Aug 23, 2023 | Active Under Contract | $1,945,000 | $341.65 | MLS #202318694 |
| Aug 18, 2023 | New Listing | $1,945,000 | $341.65 | MLS #202318694 |
Tax & MLS details 47-862 Kamehameha Hwy, Kaneohe, HI, 96744
56 - Country District zoning / MLS #202318694
Current Property Taxes p/month
$47
Property Tax Year
2022
Assessed Improvement value
$1,306,900
Assessed Land value
$664,200
TMK
1-4-7-018-025-0000
Land Recorded
Land Court
Zoning
56 - Country District
Flood Zone
Zone X
Topography
Gentle Slope,Up Slope
Location
Inside
Lot Description
Flag Lot
Property Setbacks
Of Record
Total Assessed value
$1,971,100
Listed by
eXp Realty
(808) 725-2794
(808) 725-2794
MLS #
202318694
Hawaii House tour report for this multi-family home
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Stunning views
Ocean views
Open floorplan
Needs Work
Street noise
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Similar homes nearby 47-862 Kamehameha Hwy in Kaalaea
Recently sold nearby 47-862 Kamehameha Hwy in Kaalaea
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Frequently asked questions for 47-862 Kamehameha Hwy
When was this multi-family home built and last sold?
This house was build in 1961 and sold in 2024.
What is the full address of this multi-family home?
47-862 Kamehameha Hwy, Kaneohe, HI, 96744.
Are there beaches near 47-862 Kamehameha Hwy?
The nearest beach is 1.152 miles away. It should take about 4 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of eXp Realty. 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 January 30, 2024.
Hawaii House Last checked less than a minute ago.
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