Off-Market Property at 45-995 Wailele Road, Kaneohe, HI, 96744

45-995 Wailele Road, Kaneohe, HI, 96744

$890,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $435 per day and long-term for an average of $3,722 per month, based on similar listings in the area. Estimated short-term cap rate of 4.6%. Estimated long-term cap rate of -1.4%. Immerse yourself in nature and tranquility in this unit surrounded by lush palm trees under a giant monkey pod tree, and enjoy a partial ocean view & refreshing ocean breeze. The unit boasts 4 levels, 4 lanais, 1 large entrance patio offering the ultimate indoor-outdoor living. No one is above or below. Vaulted ceiling, storage spaces in patio and by the parking stall. Located in a gated community with a private marina, you'll have convenient access to beautiful waterfront areas to walk, picnic and unwind. Just a 1 minute walk away to your own 34 ft by 13 ft boat slip, hop on to fish, relax on sandbar or explore further. With all of the features, it's truly one of a kind place to be.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$264
Bedrooms
3
Bathrooms
2
SQFT
1,583
Furnished
unknown
Year built
1977
Listing Status
Off Market
MLS
202415550

Short-term Rental Potential
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$98,256

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$562

Price/SQFT

Long-term Rental Potential
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$44,664

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,722/mo

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