SOLD 07/24/2024
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47-459 & 47-459A Mapele Road, Kaneohe, HI 96744
$2,800,000 $2,850,000
Multi-Family Home
sold
3,748 sqft
Neighborhood:
Waihee
Sold 07/24/2024
$2,800,000 $2,850,000
16 min walk to Kahaluu Regional Park
9 min drive to the beach
About lifestyles
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.
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Multi-family details
1958 year built
- Year Built 1958
- Year Remodeled 2023
- Original list price $2,850,000
- Days on market 101
- Building type Multi Dwellings
- Price per sqft $747/sqft
-
Address
47-459 & 47-459A Mapele Road, Kaneohe, HI, 96744
- Neighborhood Waihee
- Land tenure FS - Fee Simple
- Land SqFt 141,570 sqft
- View Mountain
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Monthly payment
Calculate your monthly payments
Mortgage
$14,277
Taxes
$515
HOA dues
$0
Mortgage
Down payment
$560,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount
$14,277 / month
Neighborhood: Waihee
Nearby & commute
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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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
5.33 / 20
Car dependent
►
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
1
# of 3 Bd
3
Total Units
4
Amenities & Features
8 parking places
Stories
One
Roof
Asphalt Shingle
Construction
Single Wall
Utilities
Cable, Cesspool, Internet, Public Water, Septic
Property Condition
Excellent, Above Average
Parking
Covered
nr.of parking places
8
Amenities
None
Income
—
Total Actual Rent
$14,300
Total Annual Operating Expenses
Total Income
$171,600
Net Operating Income
Waihee prices
Average price $1.17m
Neighborhood average sales price*
$1.17m
Neighborhood median sales price*
$1m
Number or sales*
61
Street median sales price*
$1.14m
Median sale price Mt Terrace*
$990k
*last 6 months
Schools
15 schools with rating up to 7
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
Elementary School
|
0.693mi |
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
Middle School
|
0.693mi |
| out of 10 |
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
High School
|
3.285mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
0.693mi |
| out of 10 |
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
1.186mi |
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
2.525mi |
|
St Ann's Model Schools
46 Haiku Road,
Kaneohe, HI 96744
|
2.944mi | |
| out of 10 |
Heeia Elementary School
46202 Haiku Rd,
Kaneohe, HI 96744
|
3.026mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Kahaluu Elementary School
47280 Waihee Rd,
Kaneohe, HI 96744
|
0.693mi |
| out of 10 |
Ahuimanu Elementary School
47470 Hui Aeko Place,
Kaneohe, HI 96744
|
1.186mi |
| out of 10 |
Waiahole Elementary School
48215 Waiahole Valley Rd,
Kaneohe, HI 96744
|
2.525mi |
| out of 10 |
Governor Samuel Wilder King Intermediate School
46155 Kamehameha Hwy,
Kaneohe, HI 96744
|
2.808mi |
|
St Ann's Model Schools
46 Haiku Road,
Kaneohe, HI 96744
|
2.944mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Hakipuu Learning Center - A Hawaii Public Charter School
45720 Keaahala Rd,
Kaneohe, HI 96744
|
3.285mi |
| out of 10 |
Castle High School
45386 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
4.403mi |
|
Koolau Baptist Academy
Po Box 1642,
Kaneohe, HI 96744
|
4.458mi | |
|
Ke Kula O Samuel M Kamakau - A Laboratory Public Charter School
45037 Kaneohe Bay Dr,
Kaneohe, HI 96744
|
4.911mi | |
| out of 10 |
Kalaheo High School
730 Iliaina St,
Kailua, HI 96734
|
6.18mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Jul 24, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jul 24, 2024 | Sold | $2,800,000 | $747.07 | Public Record |
| May 23, 2024 | Active Under Contract | $2,850,000 | $760.41 | MLS #202406802 |
| Apr 15, 2024 | New Listing | $2,850,000 +21.28% | $760.41 | MLS #202406802 |
| Aug 18, 2022 | Cancelled | $2,350,000 | $627.00 | MLS #202205310 |
| Aug 18, 2022 | Back On Market | $2,350,000 | $627.00 | MLS #202205310 |
| Jun 23, 2022 | Active Under Contract | $2,350,000 | $627.00 | MLS #202205310 |
| Jun 1, 2022 | Price Decrease | $2,350,000 -6% | $627.00 | MLS #202205310 |
| Mar 21, 2022 | New Listing | $2,499,900 | $667.00 | MLS #202205310 |
Tax & MLS details 47-459 & 47-459A Mapele Road, Kaneohe, HI, 96744
52 - AG-2 General Agricultural zoning / MLS #202406802
Current Property Taxes p/month
$515
Property Tax Year
2024
Assessed Improvement value
$84,600
Assessed Land value
$1,003,600
TMK
1-4-7-027-004-0000
Land Recorded
Regular System
Zoning
52 - AG-2 General Agricultural
Flood Zone
Zone X
Topography
Gentle Slope
Location
Inside,Other
Lot Description
Irregular
Property Setbacks
Of Record
Lease renegotiation date
Mar 13, 2024
Total Assessed value
$1,088,200
Listed by
Corcoran Pacific Properties
(808) 589-2040
(808) 589-2040
MLS #
202406802
Hawaii House tour report for this multi-family home
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Needs Work
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Frequently asked questions for 47-459 & 47-459A Mapele Road
When was this multi-family home built and last sold?
This house was build in 1958 and sold in 2024.
What is the full address of this multi-family home?
47-459 & 47-459A Mapele Road, Kaneohe, HI, 96744.
Are there beaches near 47-459 & 47-459A Mapele Road?
The nearest beach is 1.043 miles away. It should take about 9 min drive.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Corcoran Pacific Properties. 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 July 24, 2024.
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