Molokai Dream Home with Ocean
200/206 Awawa Road Maunaloa, HI 96770
200/206 Awawa Road, Maunaloa, HI, 96770
$1,279,000
For Sale
$1,279,000
MULTI_FAMILY - Cottage - Maunaloa, HI
Property Size1,920 SF
Price / SF$666.15
Days on Market689
Property Features for 200/206 Awawa Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Parking
- 3
- Parking features
- Driveway, Garage
- Pets allowed
- Call
- Interior features
- Bedroom on Main Level, Full Bath on Main Level
- Exterior features
- Landscaping
- Fencing
- Fenced
- Standard status
- Active
- APN
- 2-5-1-006-088-0000
- Size
- 1,920 SF
Taxes and HOA fees
- Tax Annual Amount
- 1164
Utilities
- Utilities
- Water Available
- Sewer type
- Septic Tank
- Water source
- Private
Building Details
- Year built
- 2008
- Floors in Building
- 1
- Flooring type
- Hardwood, Marble
- Building materials
- Double Wall, Wood Frame
- Architectural style
- Cottage
- Additional Structures
- Workshop
Listing agency
Jeffrey Samuels Realty
(808) 221-0557
Listed by
Jeffrey N Samuels · License #RB-17709
(808) 221-0557
Added: Sep 1, 2024 Updated: Jun 9 at 9:48PM Checked: Jul 21 at 12:06PM
MLS# 202419211
Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located on Molokai's shores, this property includes a 2-bed, 2-bath residence with a 3-car garage, and a 1-bed Ohana with separate utilities. The homes feature island-style bamboo construction, granite kitchens, vessel sinks, and bamboo flooring. The main dwelling includes an extended lanai, stainless appliances, a Jacuzzi, and Minka fans. A covered lanai connects to the surroundings. The property offers ocean views and spacious interiors. The property size is 1920 square feet and is located in Maunaloa, HI.
Key Highlights
- Assumable mortgage rate of 2.25% (per remarks).
- Main residence: 2 bedrooms, 2 bathrooms, with a 3‑car garage.
- Separate 1‑bedroom Ohana with separate utilities.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.1k | $36.00 |
| − Vacancy | −$3.5k | −$1.80 |
| EGI | $65.7k | $34.20 |
| − OpEx | −$29.5k | −$15.39 |
| NOI | $36.1k | $18.81 |
1,920 SF · lease $36.00/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$515.9K
$451.4K – $601.9K
NOI $36,115 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$776.7K
$679.6K – $906.2K
NOI $54,369 @ 7.0% cap · market cap 4.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Serene island retreat with ocean views and island-style charm.
Where is this single family property located?
The property is located at 200/206 Awawa Road Maunaloa, HI.
What is the asking price?
The asking price for this property is $1,279,000.
What are key features of this property?
This property features: Assumable mortgage rate of 2.25% (per remarks).; Main residence: 2 bedrooms, 2 bathrooms, with a 3‑car garage.; Separate 1‑bedroom Ohana with separate utilities.
