2059 Kinoole St
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
Nearby Schools
Educational options and performance ratings in the area.
Waiakeawaena Elementary School
Waiakea Intermediate School
Waiakea High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
This Hilo property presents a challenging investment profile characterized by a significant monthly deficit of $957.31. While the five-bedroom configuration suggests potential for a high-density rental strategy, the current yield of 4.24% is insufficient to cover debt service and operating expenses in a high-interest-rate environment. From a conservative standpoint, the investment relies too heavily on a 4% appreciation rate to achieve a positive total return, effectively turning the asset into a monthly liability for the owner. Without a significant down payment to neutralize the negative cash flow or a pivot to a more intensive rental model, the property remains a speculative play that threatens investor liquidity.
- • High bedroom count (5 beds) allows for multi-generational or room-by-room rental strategies
- • Consistent 4% expected appreciation in a supply-constrained Hawaii market
- • Substantial square footage for the price point in the Hilo area
- • Negative monthly cash flow of nearly $1,000 creates a heavy carrying burden
- • Rental yield of 4.24% is currently lower than the cost of mortgage capital
- • High risk of capital erosion if appreciation does not meet expectations
- • Maintenance and insurance costs in Hawaii can be volatile and impact margins
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-01-27 | Price change | $628,000 | $352 |
| 2025-12-24 | Price change | $658,000 | $369 |
| 2025-11-04 | Listed for sale | $686,000 | $385 |
| 2015-03-06 | Sold | $239,000 | $134 |
| 2014-12-09 | Listed for sale | $260,000 | $146 |
| 2014-04-02 | Listing removed | $299,000 | $168 |
| 2014-01-09 | Listed for sale | $299,000 | $168 |
| 2003-06-13 | Sold | $160,000 | $90 |
| 2002-09-16 | Sold | $161,900 | $91 |
| 1996-11-14 | Sold | $410,000 | $230 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $565,400 |
| 2024 | $5,745.36 | $517,600 |
| 2023 | $5,304.69 | $477,900 |
| 2022 | $5,304.69 | $477,900 |
| 2021 | $4,526.58 | $407,800 |
| 2020 | $4,495.5 | $405,000 |
| 2019 | $2,275.82 | $376,200 |
| 2018 | $3,625.26 | $331,800 |
| 2017 | $783.11 | $326,600 |
| 2016 | $783.11 | $309,800 |
| 2015 | $783.11 | $279,900 |
| 2014 | $783.11 | $271,700 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $25,826/yr
On $144,440 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
Similar Properties Nearby
Explore other investment opportunities in Hilo.