VACATION RENTAL House in Waikoloa Beach Resort - Six Figure Annual Income
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- čas přidán 28. 07. 2024
- This house is poised to make some serious cash flow. Someone better buy it before I do!
www.mikedrutar.com/69-9200-ai...
REALTOR: Mike Drutar | Lic# RB-22119
808-895-3067
Mike@MikeDrutar.com
Certified Luxury Home Marketing Specialist
Your Kona Hawaii real estate expert.
NextHome Paradise Realty | Lic# RB-23114
75-170 Hualalai Rd Ste D118, Kailua Kona, HI 96740
The One You Have Been Waiting For!!
Short Term Vacation Rental eligible single-family resort home located in the community of Ainamalu within Waikoloa Beach Resort.
This newer built, meticulously maintained home is in like new condition. Enter through a private courtyard and custom front door into a modern open floorplan with soaring ceilings and contemporary Island-inspired finishes. Take in stunning views of Mauna Kea, Mauna Loa, Hualalai, from this rarely available resort offering.
Enjoy the sunrise over Mauna Kea with a cup of Kona coffee or afternoon BBQs and beverages on the 700sf + lanai, flanked by native Ohia Posts. This home backs up to a dedicated open space insuring privacy and protecting these special mountain views. This large lot is beautifully landscaped and irrigated and still has plenty of room for to add a custom pool!
"The Kalani" is a 3 bedroom 2 bath plantation-inspired design that will make a perfect family retreat, full-time living, or a vacation rental...the ultimate flexibility!
Notable Features and Designer Finishes Include:
* Custom White Cabinetry Throughout
* Quartz Countertops Throughout
* Large Stainless Steel Farm Sink
* Jen-Air Appliances including a GAS Stove via plumbed propane
* Luxury Vynil Plank Flooring Throughout
* 9ft Ceilings Throughout with 14ft Vaulted Ceiling in the Great Room
* Wood exterior doors and sliders
* Modern Ceiling Fans Throughout
* 2 Car Garage with Storage
* Tankless On-Demand Water Heater
* Quiet Mitsubishi Central A/C System
Located a short distance from the Queen's and King's shops of Waikoloa Beach Resort means convenience! Groceries, Shopping, Dining, Golf, and a Beautiful Beach are minutes away. Anaeho'omalu Bay aka "A-Bay" with its soft sand and gentle waves offers endless water activities for everyone to enjoy! Swim, Snorkel, or jump on a Catamaran and take a sunset cruise with one of the tour operators located right at the beach.
MLS: 664020
Price: $2,100,000 subject to change
Listed by: Kristen Hann of COMPASS RB-23206
All INFORMATION IS RELIABLE BUT NOT GUARANTEED.
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Give us a ballpark on what this would gross in the short-term rental market... Was my estimation on netting about 50% of gross in the other comment close to accurate? Taxes, maintenance, management, etc...
Love your tours. Hopefully, I'll be in the market in a few years and I'll give you a call.
That's a good conservative estimate. It should not go over that at all. Management fees would be between 20-30%.
@CW Moss 10% is the going rate here for long term rentals, but short term rentals are definitely higher
I'm surprised they couldn't work in en-suites for each bedroom at this price point. The demand speaks for itself though!
With the STVR opportunities, this house is probably a good $500k more that it would be somewhere else. So you have to think of it as a $1.6M house with a $500k commodity attached to it.
💗
Thanks!
Whoa! $350k annually on a short term lease? Damn.
He did say the home getting that was bigger and had a pool... Also, that's gross $, not net. I'd be surprised if you were able to net 50% of gross after management fees, maintenance, taxes, etc. So, on a $3M house, you'd probably net $150k which is about a 5% return.
with some additions-
5% is killer in this market. Anything over 4% is a bit of a unicorn right now.
@@HawaiiRealEstate 🤑