Off-Market Property at 68-3897 Kaulele Pl, Waikoloa, HI, 96738
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68-3897 Kaulele Pl, Waikoloa, HI, 96738

$1,145,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $297 per day, based on similar listings in the area. Estimated short-term cap rate of -0.4%. Built in 2016 and updated in 2021, this VA 2.5% assumable 3-bed, 2-bath home in Wehilani features 3 split AC units, ceiling fans in each room, and 19 owned photovoltaic panels with net metering. Located on the corner of a quiet double cul-de-sac with views of Hualalai and Mauna Kea, the south cul-de-sac leads to miles of trails with ocean views and stunning sunsets. The ground floor has 2 bedrooms and a bath, while the second floor boasts a spacious PRIMARY suite with a double sink vanity and peek-a-boo ocean view. The large backyard, with room for a pool, is surrounded by a lava rock wall lined with mango, banana, and palm trees, and a lemon tree in front. Additional features include a covered pergola with a combination charcoal/gas grill, newer upgraded stainless steel fridge, range, and DW in the kitchen, quartz countertops, and a stainless steel sink. Waikoloa Village amenities include a Robert Trent Jones golf course, tennis, pickleball, stables, and a pool. Nearby shopping centers offer gas stations, groceries, and various dining options, just 30 minutes from Kona and 15 minutes to Kohala Coast beaches and resorts. Property offers a perfect blend of comfort and convenience.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$350
Bedrooms
3
Bathrooms
2
SQFT
2,290
Furnished
unknown
Year built
2016
Listing Status
Off Market
MLS
202412452

Short-term Rental Potential
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$68,472

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$500

Price/SQFT