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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Residential income homes
94-65 Waipahu Depot St, Waipahu, HI 96797-3005
Individually Owned
4-yr Hold
Free & Clear
Property ID
US24-0155415
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1952
Construction
WOOD
Total area
2,152 SF
Lot
0.08 ac (3,615 SF)
Zoning code
BMX-3
APN
1-9-4-015-003
UPID
US24-0155415
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$660k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$755k
Owner & transaction history
Yu Lian Lee · 4 yrs held
Yu Lian Lee
since 2021
Last sale
$860,000
4 recorded transactions
Zoning & alternative use
BMX-3 · Waipahu, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$930,000
+5.6%
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 Waipahu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waipahu 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
$570,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$715,000
6.5%
$660,000
7%
$610,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$880,000
Current use
COMMERCIAL (GENERAL)
$930,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $860k (Jul 27 2021)
Last sale anchor
$860k
Jul 27 2021
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
$351 / 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
$11,479
Tax year 2023
Assessed value
$885,900
Assessed 2024
Previous assessed
$885,900
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$614,700
Assessed improvement
$271,200
Land market value
$614,700
Improvement market value
$271,200
Total market value
$885,900
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
1952
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Bathrooms
11
Total area
2,152 SF
Lot
0.08 ac (3,615 SF)
Zoning code
BMX-3
APN
1-9-4-015-003
UPID
US24-0155415
Jurisdiction
HONOLULU
Zoning & alternative use
BMX-3 · Waipahu, HI
Zoning BMX-3 · permitted uses
BMX-3 · Waipahu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waipahu. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$880,000
COMMERCIAL (GENERAL)
Est. value
$930,000
APARTMENT HOUSE (5+ UNITS) Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Bathrooms
11
Lot
0.08 ac
Current owner
From public records · entity-resolved
Yu Lian Lee
Individual
Free & Clear · 4 yrs held
Mailing address
581 KAMOKU ST APT #2106, HONOLULU, HI 96826-5210
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2021
$860,000
Yu Lian Lee
Mata Viti Rubylyn
Limited Warranty Deed
—
Mar 7, 2018
—
Rubylyn Mata-viti
Mata Lynn B Trust
Quit Claim Deed
related
—
Dec 1, 2006
—
Mata Lynn B Trust
Mata,lynn
Quit Claim Deed
related
—
—
—
Mata Lynn B Trust
—
Deed Of Trust
related
$140,000 · First Hawaiian Bank
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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