1069 Spencer St #101 · Urban Honolulu, HI 96822

$260,000

2 bd · 1.0 ba · 718 sqft · Condo public records · 260 Days on market

Built 1967 $362/sqft · 26% below area Est $352k · 26% under $1063/mo HOA · 33% of rent

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +11.0/30.0
• 1% rule +7.3/10.0
• Appreciation +6.4/10.0
• Rent growth +3.8/5.0
• Schools +3.7/10.0
• DSCR +3.2/10.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

Key facts

• Low floor
• Stylish upgrades
• Open layout

Tags

• PRIVATE LANAI
• LOW FLOOR
• MODERN FINISHES
• OPEN LAYOUT
• STYLISH UPGRADES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $260k.

Deal economics

• At list price, monthly cash flow is $-112 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $240k (7.6% below list).
• Meets the 1% rule at list price ($3k rent vs $260k).
• Recommended offer: $229k (12.0% below list) — sets the bar for market timing.
• Cap rate 5.8% vs local median 1.5% in Urban Honolulu — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Hawaii Department Of Education (suburban): math 32% / reading 50% proficiency, ranked #1 of 1 in HI (top 100%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+5.3%/yr); 177 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,638 units permitted in Honolulu County in 2024 (793 in 5+ unit buildings).
• This rent runs 40% of the median local income ($96k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $9k of equity ($2k loan paydown + $7k appreciation (2.7% local appreciation)).
• Honolulu County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• By year 4, paydown + projected appreciation supports a ~$30k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 260 days — a 12% lower offer ($229k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 17y ago; this cycle's ask has dropped $125k (32%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 33% of rent.

Recommended offer $228,800 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 260 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.23% ✓
• Cap rate: 5.78%
• Cash-on-cash: -1.84%
• DSCR: 0.92
• GRM: 6.8

CMA / ARV

• ARV (median comp): $351,763
• List price: $260,000
• Delta: -26.09%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

2.71% appreciation · 5.35% rent growth · sell at horizon

5-year hold

• IRR: 6.8%
• Equity multiple: 1.39×
• Total profit: $28,542
• Equity at exit: $112,673

10-year hold

• IRR: 11.5%
• Equity multiple: 2.78×
• Total profit: $129,906
• Equity at exit: $170,421

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 37 Tenant-Leaning
• State Hawaii: 37 Tenant-Leaning · D+13
• County: — inherits STATE
• City: — inherits STATE

Honolulu has source-of-income protections; warranty of habitability strong.

Methodology + full state rankings →

ZIP-level market 96822

• Home prices YoY: 1.0%
• Rents YoY: 5.3%
• Active inventory: 177
• Price-to-rent: 6.8×

Monthly cashflow live

• Estimated rent: $3,199 high
• Mortgage (P&I): −$1,363
• Tax from tax record: −$104 /mo · $1,250/yr
• Insurance: −$108
• HOA: −$1,063
• Vacancy / Maint / Mgmt: −$672
• Net cashflow: $-112

Break-even live

Break-even rent $3,340

Max offer price $240,290

Occupancy floor 98%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $65,000
• Closing costs: $7,800
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1568 Pensacola St Honolulu, HI	1.0–2.0	1.0	523	$2,735	$5.23	23d	1	0.11mi
1535 Pensacola St #209 Honolulu, HI	1.0	1.0	493	$2,700	$5.48	2d	1	0.16mi
1717 Mott-Smith Dr #2403 Honolulu, HI	1.0	1.0	644	$2,700	$4.19	23d	1	0.39mi
1401 Lusitana St #504 Honolulu, HI	1.0	1.0	527	$2,700	$5.12	23d	1	0.65mi
1315 Liona St Honolulu, HI	1.0	1.0	606	$3,950	$6.52	19d	1	0.67mi
801 S King St Honolulu, HI	1.0	1.0	671	$2,895	$4.31	17d	1	0.72mi
225 Auwaiolimu St Honolulu, HI	3.0	1.0	710	$3,800	$5.35	17d	1	0.73mi
1314 Kalakaua Ave Honolulu, HI	2.0	1.0–2.0	773	$4,675	$6.04	23d	3	0.74mi
1515 Liona St #4407 Honolulu, HI	1.0	1.0	606	$3,750	$6.19	3d	1	0.77mi
1500 Rycroft St Unit 2306R Honolulu, HI	1.0	1.0	563	$4,000	$7.10	43d	1	0.82mi
1500 Rycroft St Unit 3005R Honolulu, HI	1.0	1.0	523	$3,200	$6.12	19d	1	0.82mi
1500 Rycroft St Unit 2607R Honolulu, HI	1.0	1.0	618	$3,500	$5.66	23d	1	0.82mi
1500 Rycroft St Honolulu, HI	1.0	1.0	523	$3,200	$6.12	17d	1	0.82mi
1500 Rycroft St Unit 1904 Honolulu, HI	1.0	1.0	564	$3,400	$6.03	17d	1	0.82mi
1500 Rycroft St Unit 2304 Honolulu, HI	1.0	1.0	569	$3,200	$5.62	23d	1	0.82mi
1500 Rycroft St Unit 3903 Honolulu, HI	1.0	1.0	571	$3,750	$6.57	23d	1	0.82mi
888 Kapiolani Blvd Honolulu, HI	1.0–3.0	1.0–3.0	1162	$6,750	$5.81	3d	4	0.85mi
1296 Kapiolani Blvd Honolulu, HI	1.0–3.0	1.0–2.0	974	$3,550	$3.64	14d	2	0.88mi
909 Kapiolani Blvd Honolulu, HI	1.0–2.0	1.0–2.0	790	$3,600	$4.55	3d	2	0.92mi
1009 Kapiolani Blvd Honolulu, HI	2.0	2.0	745	$3,400	$4.56	23d	2	0.95mi
1009 Kapiolani Blvd Honolulu, HI	2.0	2.0	730	$3,198	$4.38	1d	2	0.95mi
1388 Kapiolani Blvd Unit 3910 Honolulu, HI	1.0	1.0	619	$4,000	$6.46	3d	1	0.95mi
1388 Kapiolani Blvd #4205 Honolulu, HI	1.0	1.0	567	$4,500	$7.94	43d	1	0.95mi
1388 Kapiolani Blvd #2703 Honolulu, HI	1.0	1.0	574	$3,500	$6.10	23d	1	0.95mi
1388 Kapiolani Blvd #2903 Honolulu, HI	1.0	1.0	574	$3,500	$6.10	10d	1	0.95mi
629 Keeaumoku St Honolulu, HI	1.0–2.0	1.0–2.0	923	$6,300	$6.82	17d	2	0.96mi
629 Keeaumoku St Honolulu, HI	1.0–2.0	1.0–2.0	919	$6,300	$6.86	43d	2	0.96mi
629 Keeaumoku St Honolulu, HI	1.0	1.0	618	$3,350	$5.42	2d	2	0.96mi
1391 Kapiolani Blvd Honolulu, HI	1.0–3.0	1.0–2.0	971	$4,750	$4.89	3d	2	1.00mi
1515 Nuuanu Ave Honolulu, HI	1.0	1.0	574	$2,600	$4.53	19d	1	1.00mi
600 Queen St Honolulu, HI	1.0–2.0	1.0–2.0	847	$4,100	$4.84	3d	1	1.01mi
1133 Waimanu St #1808 Honolulu, HI	1.0	1.0	556	$2,800	$5.04	11d	1	1.04mi
1133 Waimanu St #405 Honolulu, HI	1.0	1.0	550	$2,700	$4.91	3d	1	1.04mi
987 Queen St Honolulu, HI	1.0	1.0	606	$3,975	$6.56	43d	2	1.05mi
987 Queen St Honolulu, HI	2.0	1.0–2.0	554	$5,200	$9.39	17d	9	1.05mi
987 Queen St Honolulu, HI	1.0	1.0	453	$3,800	$8.39	10d	9	1.05mi
987 Queen St Honolulu, HI	2.0	1.0–2.0	554	$5,200	$9.39	16d	8	1.05mi
988 Halekauwila St Honolulu, HI	1.0	1.0	511	$2,700	$5.28	3d	1	1.10mi
988 Halekauwila St #906 Honolulu, HI	2.0	2.0	744	$3,500	$4.70	11d	1	1.10mi
1255 Nuuanu Ave Unit E3203 Honolulu, HI	1.0	1.0	615	$2,800	$4.55	23d	1	1.10mi

HOA detail condo

• Monthly dues: $1,063 · $12,756/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 42 events

1. 2026-06-18
   days on market $260,000 Active 260 DOM
2. 2026-06-17
   days on market $260,000 Active 259 DOM
3. 2026-06-15
   days on market $260,000 Active 257 DOM
4. 2026-06-13
   days on market $260,000 Active 255 DOM
5. 2026-06-13
   pricedays on market $260,000 Active 254 DOM
6. 2026-06-10
   days on market $265,000 Active 252 DOM
7. 2026-06-09
   days on market $265,000 Active 251 DOM
8. 2026-06-08
   days on market $265,000 Active 250 DOM
9. 2026-06-07
   days on market $265,000 Active 249 DOM
10. 2026-06-05
    days on market $265,000 Active 246 DOM
11. 2026-06-03
    days on market $265,000 Active 245 DOM
12. 2026-06-02
    days on market $265,000 Active 244 DOM
13. 2026-06-01
    days on market $265,000 Active 243 DOM
14. 2026-05-31
    days on market $265,000 Active 242 DOM
15. 2026-05-19
    price $265,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

16. 2026-04-24
    price $270,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

17. 2026-04-17
    price $275,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

18. 2026-03-31
    price $280,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

19. 2026-03-17
    price $285,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

20. 2026-03-04
    price $295,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

21. 2026-02-27
    price $305,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

22. 2026-02-19
    price $315,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

23. 2026-01-20
    price $325,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

24. 2026-01-06
    price $335,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

25. 2025-12-08
    price $345,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

26. 2025-12-03
    price $355,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

27. 2025-11-19
    price $365,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

28. 2025-11-06
    price $370,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

29. 2025-10-17
    price $380,000 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

30. 2025-10-01
    listed $385,000 Active 573-char remark

    Show marketing remark (573 chars)

    Welcome to your updated 2-bedroom, 1-bath unit in the heart of town! This inviting unit offers modern finishes and an open layout that flows seamlessly to your private lanai, perfect for relaxing or entertaining. Situated on a convenient low floor, you’ll enjoy easy access while still having a cozy retreat in the city. With stylish upgrades throughout, this home combines comfort and function for effortless living. Experience the vibrant town lifestyle with shopping, dining, and entertainment just moments away—everything you need is right at your doorstep!

31. 2022-10-14
    soldstatus $395,000 Sold 469-char remark

    Show marketing remark (469 chars)

    Rarely available 2-bedroom/1-bathroom unit at Crown Thurston. Located in the heart of Punchbowl, you are conviently near schools, retail, the freeway, restaurants, and so much more! Crown Thurston features onsite resident manager, community laundry, designated car wash area, guest parking, and even a community garden. The unit was remodeled in 2016 and it features newer appliances, counter top and kitchen cabinets, flooring, microwave hood, paint and water heater.

32. 2022-08-08
    price $395,000 469-char remark

    Show marketing remark (469 chars)

    Rarely available 2-bedroom/1-bathroom unit at Crown Thurston. Located in the heart of Punchbowl, you are conviently near schools, retail, the freeway, restaurants, and so much more! Crown Thurston features onsite resident manager, community laundry, designated car wash area, guest parking, and even a community garden. The unit was remodeled in 2016 and it features newer appliances, counter top and kitchen cabinets, flooring, microwave hood, paint and water heater.

33. 2022-07-21
    price $405,000 469-char remark

    Show marketing remark (469 chars)

    Rarely available 2-bedroom/1-bathroom unit at Crown Thurston. Located in the heart of Punchbowl, you are conviently near schools, retail, the freeway, restaurants, and so much more! Crown Thurston features onsite resident manager, community laundry, designated car wash area, guest parking, and even a community garden. The unit was remodeled in 2016 and it features newer appliances, counter top and kitchen cabinets, flooring, microwave hood, paint and water heater.

34. 2022-06-14
    listed $415,000 Active 469-char remark

    Show marketing remark (469 chars)

    Rarely available 2-bedroom/1-bathroom unit at Crown Thurston. Located in the heart of Punchbowl, you are conviently near schools, retail, the freeway, restaurants, and so much more! Crown Thurston features onsite resident manager, community laundry, designated car wash area, guest parking, and even a community garden. The unit was remodeled in 2016 and it features newer appliances, counter top and kitchen cabinets, flooring, microwave hood, paint and water heater.

35. 2016-08-29
    soldstatus $343,000 Sold
36. 2016-08-25
    soldstatus $343,000
37. 2016-08-01
    status Pending
38. 2016-06-30
    listed $350,000 Active
39. 2009-12-19
    soldstatus $285,000
40. 2009-12-18
    soldstatus $285,000
41. 2009-10-26
    listed $285,000
42. 1993-06-01
    soldstatus $942,200

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast HI · Partial reset (capped growth)

• Current annual tax: $1,250 · $104/mo
• Projected year-2 tax: $1,250 · $104/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🫁 Air quality 1/10 Low

Taxation est. · year 1

• Rental income: $38,390
• − Mortgage interest: −$14,564
• − Property taxes: −$1,250
• − Insurance: −$1,300
• − Repairs & maintenance: −$3,071
• − Management: −$3,071
• − HOA: −$12,756
• − Depreciation: −$7,564
• Taxable loss: −$5,185
• Est. tax savings @ 24.0%: +$1,245
• After-tax cash flow: $-94/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Hawaii Department Of Education
• NCES district ID: 1500030
• Math proficiency: 32% ▼ -10.00%
• Reading proficiency: 50% ▼ -3.00%
• Median HH income: $69,005
• Composite: 37.07/100
• National rank: #4504
• State rank: #1 of 1 in HI

Livability — Urban Honolulu

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Urban Honolulu, HI
• County: Honolulu County · 963,448 people
• City population: 309,956
• Metro: Urban Honolulu, HI
• Population (ZIP): 43,747
• Household income: $95,947
• Rent vs Own: 46.3% rent · 53.7% own
• Severe rent burden: 2139.0

Population outlook (Honolulu County) Hauer SSP2

• Today (2025): 1,072,641 people
• By 2030: 1,110,460 · +3.5%
• By 2040: 1,181,593 · +10.2%
• By 2050: 1,257,584 · +17.2%
• By 2075: 1,501,120 · +39.9%
• By 2100: 1,764,430 · +64.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Highly diverse neighborhood (Simpson 0.72)
• Race & ethnicity: Asian 48% White 21% Two or more races 20% Pacific Islander 7% Hispanic / Latino 5% Black 1%
• Hispanic origin (detail): Mexican 2% Puerto Rican 1%
• Common ancestry: Russian 2% Lithuanian 1% Romanian 1%
• Foreign-born: 20% · South Korea, China, Vietnam
• Languages at home: 73% English-only · Other Asian/Pacific 11% Chinese 4% Korean 3%

Political lean MEDSL · Honolulu

• 2024 margin: Strong D (+21.6) · D 59.9% · R 38.3% · Other 1.8%
• 2008→2024 swing: -19.4pp toward R · 2008: 41.1pp · 2024: 21.6pp
• All cycles: 2024: D+21.6 2020: D+26.9 2016: D+29.9 2012: D+39.1 2008: D+41.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 2.71%
• Current HPI: 273.9456
• Rent YoY: ▲ 5.35%
• Metro: Urban Honolulu, HI
• State GDP YoY: —
• F500 in state: 0

Price history

-71.9% since first listed

28 events — show timeline

• 2026-05-19 Price Changed $265,000 HiCentral MLS
• 2026-04-24 Price Changed $270,000 HiCentral MLS
• 2026-04-17 Price Changed $275,000 HiCentral MLS
• 2026-03-31 Price Changed $280,000 HiCentral MLS
• 2026-03-17 Price Changed $285,000 HiCentral MLS
• 2026-03-04 Price Changed $295,000 HiCentral MLS
• 2026-02-27 Price Changed $305,000 HiCentral MLS
• 2026-02-19 Price Changed $315,000 HiCentral MLS
• 2026-01-20 Price Changed $325,000 HiCentral MLS
• 2026-01-06 Price Changed $335,000 HiCentral MLS
• 2025-12-08 Price Changed $345,000 HiCentral MLS
• 2025-12-03 Price Changed $355,000 HiCentral MLS
• 2025-11-19 Price Changed $365,000 HiCentral MLS
• 2025-11-06 Price Changed $370,000 HiCentral MLS
• 2025-10-17 Price Changed $380,000 HiCentral MLS
• 2025-10-01 Listed $385,000 HiCentral MLS
• 2022-10-14 Sold (MLS) $395,000 HiCentral MLS
• 2022-08-08 Price Changed $395,000 HiCentral MLS
• 2022-07-21 Price Changed $405,000 HiCentral MLS
• 2022-06-14 Listed $415,000 HiCentral MLS
• 2016-08-29 Sold (MLS) $343,000 HiCentral MLS
• 2016-08-25 Sold (Public Records) $343,000 Public Records
• 2016-08-01 Pending — HiCentral MLS
• 2016-06-30 Listed $350,000 HiCentral MLS
• 2009-12-19 Sold (MLS) $285,000 HiCentral MLS
• 2009-12-18 Sold (Public Records) $285,000 Public Records
• 2009-10-26 Listed $285,000 HiCentral MLS
• 1993-06-01 Sold (Public Records) $942,200 Public Records

Property tax history

+2.0%/yr

Latest (2022): $1,250 · +44.5% YoY. Source: county tax records.