47-459 & 47-459a Mapele Road

Kaneohe, HI 96744

$2,850,000
Price
11
Beds
3,748 Sq. Ft.
$760 / Sq. Ft.
3,748
Sq. Ft.
$760
per Sq. Ft.

Description

Discover an exceptional opportunity to own over 3 acres of lush green surroundings enveloping a tropical garden paradise. This property boasts four units, each occupied by long-term tenants, ensuring a stable monthly income exceeding $14,000. Between 2022 and 2023, three of the homes have undergone complete remodeling, including roof on duplex, while one has been partially renovated. Enjoy the tranquility of a beautiful private fenced yard adorned with majestic trees, vibrant tropical flowers, and...Discover an exceptional opportunity to own over 3 acres of lush green surroundings enveloping a tropical garden paradise. This property boasts four units, each occupied by long-term tenants, ensuring a stable monthly income exceeding $14,000. Between 2022 and 2023, three of the homes have undergone complete remodeling, including roof on duplex, while one has been partially renovated. Enjoy the tranquility of a beautiful private fenced yard adorned with majestic trees, vibrant tropical flowers, and an assortment of fruit-bearing plants. Whether you're seeking a profitable investment or a serene retreat, this property offers the perfect blend of income potential and natural beauty. Sale includes both TMK 1-4-7-27-4 (47-459 and 47-459A Mapele) 3 acres, AG-2, TMK 1-4-7-27-5 (47-449A and 47-449B) .25 acres, R-5. Front home 47-459 Mapele: 928 sq ft, 3/2, 2 car carport. Second home 47-459A Mapele:1,200 sf ft, 3/2, 2 car carport. 47-449A Mapele: 1,080 sq ft, 3/2, 2 car carport. 47-449B Mapele: 540 sq ft, 2/1, 2 car carport. These are attached and have a driveway easement and are within TMK 1-4-7-27-4. Property will be sold As Is. Please do not disturb tenants.
  1. Listed by Boo Young Lee • License #RS-33353 • Corcoran Pacific Properties • (808) 589-2040

Property Details for 47-459 & 47-459a Mapele Road

View
Mountain
Zoning
52 - AG-2 General Agricultural
Neighbourhood
WAIHEE
Flood Zone
Zone X
Stories/Levels
One
Land Tenure
FS - Fee Simple

Open Houses

Sunday, Apr 28th

5:00 PM - 8:00 PM

PublicView Details

Location

Listing Courtesy of Corcoran Pacific Properties, Boo Young Lee, License #RS-33353
LISTING UPDATED: 04/28/2024 08:00 PM

Property Details for 47-459 & 47-459a Mapele Road

StatusActive
MLS #202406802
Days on Market15
Taxes$515 / month
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1958
Lot Size3.25 AC / 141,570 SF
CountyOahu County

Location

Listing Courtesy of Corcoran Pacific Properties, Boo Young Lee, License #RS-33353

Building Information for 47-459 & 47-459a Mapele Road

Stories-Residences4Year Built1958Building Size-Lot Size3.25 AC / 141,570 SF

Payment Calculator

$16,069 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,554

Property Taxes

$515

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 47-459 & 47-459a Mapele Road

Summary
Location and General Information
  • Topography: Gentle Slope
  • City: Kaneohe
  • County Or Parish: Oahu
  • State Or Province: HI
  • Location: Inside, Other
Taxes and HOA Information
  • Tax Amount: $515.00
  • Tax Assessed Value: $1,088,200.00
  • Tax Assessed Value Improvements: $84,600.00
  • Tax Assessed Value Land: $1,003,600.00
  • Tax Paid By Seller: No
  • Tax Year: 2024
  • Parcel Number: 1-4-7-027-004-0000
  • HOA YN: No
Parking
  • Parking Features: Covered
  • Parking Total: 8
  • Other Parking Features: <10 Spaces
Property
Lot Information
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family
  • SQFT Building: 3748.0
  • Sqft Total: 3748.0
  • Land Recorded: Regular System
  • Lot Features: Irregular
  • Lot Size Area: 141570.0
  • Year Built: 1958
  • Year Remodeled: 2023
  • Building Type: Multi Dwellings
Property and Assessments
  • Documents: Other, Survey
  • Photo Count: 24
  • Property Condition: Excellent, Above Average
  • Special Listing Conditions: None
  • Disclosures: Pet on Property, Property Disclosure Stmt, See Remarks
  • Foreclosure: No
  • Set Backs: Of Record
  • Supplement Count: 4
  • TMK Area: 147
  • TMK Condo Property Regime Number: 0
  • TMK Division: 1
  • TMK Parcel: 4
  • TMKPLAT: 27
  • TMK Section: 7
  • TMK Zone: 4
Utilities
  • Utilities: Cable, Cesspool, Internet, Public Water, Septic
  • Sewer: Cesspool, Septic
  • Utilities Meters: Electric, Water
Interior and Exterior Features
Exterior Features
  • Amenities: None
  • Construction Materials: Single Wall
  • Easements: Driveway
  • Recreation Facilities: None
  • Roof: Asphalt Shingle
Interior Features
  • Laundry Facilities: Individual
Multi Family
Multi-Family Information
  • Studio Units Number Of: 0
  • Unit One Number Of Bed: 0
  • Unit Three Number Of Bed: 3
  • Unit Two Number Of Bed: 1
  • Number Of Units Total: 4
Income & Expenses
  • Total Annual Operating Expenses: $.00
  • Total Income: $171,600.00
  • Expenses Include: Other
  • Net Operating Income: $.00
  • Other Income: $.00
Agent
Sale and Listing
  • Active Open House Count: 1
  • DOM: 14
  • Listing Service: Full Service
  • MLS: HI Central
  • MLS Area Major: Kaneohe
  • Open House Count: 5
  • Open House Upcoming: Broker: Thu May 2, 10:00AM-12:00PM
  • Status: Active
  • Public Remarks: Discover an exceptional opportunity to own over 3 acres of lush green surroundings enveloping a tropical garden paradise. This property boasts four units, each occupied by long-term tenants, ensuring a stable monthly income exceeding $14,000. Between 2022 and 2023, three of the homes have undergone complete remodeling, including roof on duplex, while one has been partially renovated. Enjoy the tranquility of a beautiful private fenced yard adorned with majestic trees, vibrant tropical flowers, and an assortment of fruit-bearing plants. Whether you're seeking a profitable investment or a serene retreat, this property offers the perfect blend of income potential and natural beauty. Sale includes both TMK 1-4-7-27-4 (47-459 and 47-459A Mapele) 3 acres, AG-2, TMK 1-4-7-27-5 (47-449A and 47-449B) .25 acres, R-5. Front home 47-459 Mapele: 928 sq ft, 3/2, 2 car carport. Second home 47-459A Mapele:1,200 sf ft, 3/2, 2 car carport. 47-449A Mapele: 1,080 sq ft, 3/2, 2 car carport. 47-449B Mapele: 540 sq ft, 2/1, 2 car carport. These are attached and have a driveway easement and are within TMK 1-4-7-27-4. Property will be sold As Is. Please do not disturb tenants.
  • Possession: At Closing
Showing and Remarks
  • Showing Instructions: Two Day Notice Reqd, Call Listor, Listor Must Be Present
Rental
Rent Information
  • Tenants Responsibilities Include: Cable TV, Electricity, Other
  • Total Actual Rent: $14,300.00

Property History for 47-459 & 47-459a Mapele Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Similar Homes

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Similar Sold Homes

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47-459 & 47-459a Mapele Road is a multi-family home for sale in Kaneohe, HI 96744. This property was listed for sale on April 15, 2024 by Corcoran Pacific Properties, it's currently listed at $2,850,000. 47-459 & 47-459a Mapele Road is a 11-bed, 0-bath, 3,748 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Pacific Properties, Boo Young Lee, License #RS-33353