Apartment for Sale in Downtown Honolulu...
Address: 1200 Queen Emma St. Honolulu, HI 96813


Capitol Place #1009 is possibly the Lowest?-priced ($710k) *newer (2008) two(2)-bedroom *higher-end (movie theater, state-of-the-art fitness center, rec./party/music/yoga rooms, 4 EV charging stalls, heated infinity pool, whirlpool spa/Jacuzzi...) FS listing in metro Oahu.

Well-kept (Inspection report pdf avail.) 2-bed, 1-bath, 1 Large/Private parking stall near elevator (with 3 storage lockers) family dwelling with lanai views of the keiki jungle gym, bbq cabana, doggie park, Downtown skyline, Waianae sunset...

Current mortgage balance $173k at 2.62%, but not assumable. 9% fee increase to $1,093/mo. ($1.28/sqft.) in 2025 for insurance premiums, etc. Looking to move back to the Moiliili area.

*Portfolio 30-yr. fixed (5.375%=2.375pts; 5.625%=1.125pt; 5.875%=0.125pt...) loan options from Local lenders; at least 30% down (about $215k+); 740+ FICO; DTI 40% or below; primary residence; principal + interest ~$2,900+/mo.

Comparables:
-CP1609, a same-stack similar-condition 2-1-1 rental property, sold for $750k back in Aug 2023 (*avg. 30-yr. mortgage rate was 6.67% when listed; 7.18% when sold).
-CP2409, a 2-1-2tandemStalls, sold for $765k back in March 2023 (*avg. 30-yr. mortgage rate 6.73% when sold).
-CP1809, a 2-1-2tandemStalls, sold for $805k!! back in Dec 2022 (*avg. 30-yr. mortgage rate 6.49% when listed).

Listed by: Bryn Kaufman of OahuRE 808-425-7887
Broker's Email: bryn@oahure.com
For inquiries / showing requests please text 808-227-9375
$4000 credit to a buyer who uses OahuRE / Bryn Kaufman to represent them (dual-agency).