Off-Market Property at 87-150 Alapaki St, Waianae, HI, 96792

87-150 Alapaki St, Waianae, HI, 96792

$1,290,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $611 per day and long-term for an average of $4,500 per month, based on similar listings in the area. Estimated short-term cap rate of 5.6%. Estimated long-term cap rate of -2.2%. Welcome to your mountain retreat in Maili, where contemporary elegance meets breathtaking natural beauty. This stunning brand new build 5 bedroom 3 bath home boasts soaring ceilings that amplify the sense of space and light, creating a grand and inviting atmosphere from the moment you enter. The main living area is a masterpiece of design, with expansive windows that frame panoramic views of the surrounding mountains, bring the outdoor in and providing a constant connection to nature. The open-concept layout seamlessly integrates the living room, dinning area, and gourmet kitchen, making it ideal for both entertaining and everyday living. The kitchen is featuring new appliances, sleek countertops, and ample storage space. The main suite is a luxurious retreat, offering a spacious bedroom with high ceilings, a spa-like ensuite bathroom with a soaking tub and walk-in shower, and a private balcony where you can enjoy your morning coffee while taking in the serene mountain view. For guests or extended family, the legal ADU adds versatility and value to the property, whether used as a rental, a home office or a guest suite. Come experience this comfort living at its finest!

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$133
Bedrooms
5
Bathrooms
3
SQFT
3,001
Furnished
unknown
Year built
2024
Listing Status
Off Market
MLS
202409026

Short-term Rental Potential
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$154,224

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$429

Price/SQFT

Long-term Rental Potential
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$54,000

Revenue
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Profit
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Cap rate
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$4,500/mo

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