Hawaii Living

Hawaiian Monarch #3301 (Waikiki)

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444 Niu St #3301, Honolulu

This property was sold June 01, 2021 for $425,000
Description
Great Investment. Buy 2 units at 1 unit price. This means 2 incomes with 1 maintenance fee and 1 property tax. Or, you can live in one and rent the other and one income may be able to cover the expenses. Short term rental possible. New interior paint, new Vinyl Plank floor. B-unit has newly installed kitchenette. Good view from this high floor unit. Monthly other fee of $42.08 is for reimbursement of Cable TV and Internet.
Past Activity
  • Jun 01, 2021 Sold for $425,000
  • Mar 30, 2021 In Escrow
  • Feb 24, 2021 Listed at $430,000
  • Dec 11, 2017 Withdrawn
  • Sep 20, 2017 Price $414,000
  • Aug 25, 2017 Price $415,000
  • Aug 12, 2017 Listed at $424,000
  • Jan 04, 2016 Sold for $335,000
  • Jan 01, 2016 Expired
  • Dec 31, 2015 In Escrow
  • Feb 02, 2015 Listed at $345,000
More Details
  • Owner, Tax & Resale History: Click here
  • HOA Fees / Interior Sf: $1.46
  • Price / Interior Sf: $747
  • HOA Fees Include: Hot Water, Other Common Expenses, Sewer, Water
  • Year Remodeled: 2020
  • Zoning: X2 - Apartment Precinct
  • View: City, Marina/Canal, Mountain, Ocean, Sunset
  • Owner Occupancy: 8%
  • Management Company: Hawaiiana Mgmt
  • Security Features: Key, Keyed Elevator, Security Patrol, Video
  • Amenities: BBQ, Community Laundry, Exercise Room, Patio/Deck, Pool on Property, Restaurant, Security Guard, Trash Chute, Whirlpool
  • TMK: 1-2-6-14-32-73
  • Tax Assessed Land: $207,400
  • Tax Assessed Improvements: $194,200
  • Tax Assessed Total: $401,600
  • Courtesy: Locations LLC
  • MLS: 202104728
Blog
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    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 16, 2021. Information is deemed reliable but not guaranteed.
    About Hawaiian Monarch
    • Address: 444 Niu St, Honolulu, HI 96815.
    • Built in 1979, 44 Floors with 439 Units, Studio & 1 - 2BR Floor plans, Pets: No.
    • Amenities include Pool, Meeting Room, Security Guard, BBQ Area, Restaurant.
    • Some  units have ocean views to add to their already attractive list of features!

    About Hawaiian Monarch
    The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii economy.

    Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawai  ....click here to read more
    Description
    Great Investment. Buy 2 units at 1 unit price. This means 2 incomes with 1 maintenance fee and 1 property tax. Or, you can live in one and rent the other and one income may be able to cover the expenses. Short term rental possible. New interior paint, new Vinyl Plank floor. B-unit has newly installed kitchenette. Good view from this high floor unit. Monthly other fee of $42.08 is for reimbursement of Cable TV and Internet.
    The MLS properties are based on information from the Multiple Listing Service of Hicentral MLS, Ltd. Listings last updated on September 16, 2021. Information is deemed reliable but not guaranteed.

    About Hawaiian Monarch
    The Hawaiian Monarch is another of the condotel properties that have become more common in and around Waikiki. It's a great way for investors to own not only a piece of Honolulu real estate, but also a part of the tourism business that drives the entire Hawaii economy.

    Being a condotel you have the rights to rent your property for short-term stays, instead of the 30-Day minimum other vacation condos fall under. Since most visitors need a place for that shorter term, you're in the best position possible to get that business. Ultimately, though, attracting renters, long or short term, rides a lot on what the building offers. What does the Hawai  ....click here to read more
     
    You do not own the land, but have the right to use the land until an expiration year. At expiration the ownership typically reverts back to the land owner.
    Buyer and Seller have reached an agreement and are under contract. However, the sale is still subject to one or more contingencies.
    We have handled many transactions for clients who purchase Hawaii real estate without visiting. By request, we can prepare thorough property videos to ensure you are familiar with every detail necessary. All documents can be signed remotely.
    Buyer and Seller have reached an agreement and are under contract. The sale is expected to close / record soon.
    We will be happy to work with you as a Buyer's agent. Call us to learn more: 808-943-9000.
    Note: A Seller's agent has a fiduciary responsibility towards the Seller. Working with a Buyer's agent objectives and goals are aligned, at no cost to you, the Buyer.
    Other fees could be a special assessment, reserve contributions etc.
    DOM = Days On Market. Our site shows listings immediately. A brand new listing may show DOM 2 or 3 days, if listing agent did not upload the same day listing agreement was executed.
    Includes estimated monthly mortgage payment, maintenance / HOA fees & property taxes. The estimate does not include insurance premiums.
    Learn more about Oahu property taxes here.