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Property profile & analytics
OFF-MARKET
Estimated value
$4,905,000
Residential income homes
1377 Kapiolani St, Hilo, HI 96720-4062
Entity Owned
9-yr Hold
Free & Clear
Property ID
US24-0587934
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1973
Construction
CONCRETE
Total area
19,040 SF
Lot
0.6 ac (26,000 SF)
Zoning code
2B
APN
3-2-4-057-028
UPID
US24-0587934
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
University Palms Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.40M
Comparable Approach
Comparable
$4.59M
Blend (final)
Blend
$4.91M
Owner & transaction history
Hawaiian View Properties LLC · 9 yrs held
Hawaiian View Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
2B · Hilo, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Hilo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilo submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,760,000
6.5%
$4,395,000
7%
$4,080,000
Blend value · Realmo final
$4.91M
Range $4.41M – $5.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$258 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$33,944
Tax year 2023
Assessed value
$2,901,200
Assessed 2024
Previous assessed
$2,901,200
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$336,000
Assessed improvement
$2,565,200
Land market value
$336,000
Improvement market value
$2,565,200
Total market value
$2,901,200
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1973
Construction
CONCRETE
Heating
NONE
Buildings
2
Stories
3
Units
1
Bathrooms
30
Total area
19,040 SF
Lot
0.6 ac (26,000 SF)
Zoning code
2B
APN
3-2-4-057-028
UPID
US24-0587934
Jurisdiction
HAWAII
Zoning & alternative use
2B · Hilo, HI
Zoning 2B · permitted uses
2B · Hilo, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
CONCRETE
Heating
NONE
Stories
3
Buildings
2
Units
1
Bathrooms
30
Lot
0.6 ac
Current owner
From public records · entity-resolved
Hawaiian View Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
21513 SE 262ND ST, MAPLE VALLEY, WA 98038-7553
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2017
$1,249,000
Hawaiian View Properties LLC
Yamamoto,terence S & Joan K H
Grant Deed
—
Jun 22, 2017
—
Hawaiian View Properties LLC
Yamamoto,terence S & Joan K H
Grant Deed
related
$2,548,000 · Bank Of Hi
Sep 1, 2009
—
Andrew S Talbot
Agreement
Quit Claim Deed
related
—
Jun 1, 2007
—
Laura M Talbot
Yamamoto,terence S
Grant Deed
related
—
Oct 25, 2006
—
Grant A Talbot
Yamamoto K & M Living Trust
Quit Claim Deed
related
—
Oct 11, 2006
—
Terence S Yamamoto
Yamamoto,terence S
Quit Claim Deed
related
—
Dec 30, 2005
$3,250,000
Hawaiian View Properties LLC
1377 Kapiolani LLC
Grant Deed
related
$2,575,000 · Bank Of Hawaii
May 20, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jun 20, 2003
—
First Hawaiian Bank
1377 Kapiolani LLC
—
related
—
—
—
1377 Kapiolani LLC
—
Deed Of Trust
related
$750,000 · First Hawaiian Bank
—
—
1377 Kapiolani LLC
—
Deed Of Trust
related
$95,000 · First Hawaii Leasing INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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