2599 Kapiolani Boulevard 1162

Honolulu, HI 96826

About this property

Announcing an exciting new pilot program under HHFDC called DURF Equity Program (DEP) for affordable buyers currently working within the healthcare, education, law enforcement or agricultural field worker industries. The DEP program is a deferred loan program that effectively lowers the developers purchase price, i.e., $627,700 by the HHFDC purchased equity amount of $103,300 resulting in a new purchase price of $524,400. Applicants must also meet all HHFDC eligibility and household income requirements with units subject to HHFDC’s Use, Sales and Transfer (Buyback) Restriction and Shared Appreciation Equity (SAE) Program restrictions. Eligible purchasers will have quick access to Honolulu’s most storied neighborhoods, including Kapahulu, Kaimuki, and Diamond Head. Discover an exciting new residential community built by kamaaina for kamaaina living.

About this property

Announcing an exciting new pilot program under HHFDC called DURF Equity Program (DEP) for affordable buyers currently working within the healthcare, education, law enforcement or agricultural field worker industries. The DEP program is a deferred loan program that effectively lowers the developers purchase price, i.e., $627,700 by the HHFDC purchased equity amount of $103,300 resulting in a new purchase price of $524,400. Applicants must also meet all HHFDC eligibility and household income requirements with units subject to HHFDC’s Use, Sales and Transfer (Buyback) Restriction and Shared Appreciation Equity (SAE) Program restrictions. Eligible purchasers will have quick access to Honolulu’s most storied neighborhoods, including Kapahulu, Kaimuki, and Diamond Head. Discover an exciting new residential community built by kamaaina for kamaaina living.

Features and Additional Information

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$524,300 Active
2 Bed(s)
1
Bath
723 SqFt

Presented By Coldwell Banker Island Properties

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Get in touch today! Phone: 1-808-875-7000
Brokerage
Compass
1-808-825-4277
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Area Information

Oahu | Oahu County | KAPIOLANI

$ 524,300
This listing is play_arrow 0.5% higher than the average in the area
$ 521,650 in the area
723 SqFt
This listing is play_arrow 6.8% smaller than the average in the area
776 SqFt in the area
$ 725 $/SqFt
This listing is play_arrow 7.3% more than the average in the area
$ 676 $/SqFt in the area
229 days on site
This listing is play_arrow 67.8% above the average in the area
137 days on site in the area

Schools in the Area

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    Elementary School
    Kuhio
  • turned_in
    Middle School
    Washington
  • turned_in
    High School
    Kaimuki
Listed By Melvin Leon Guerrero
Brokerage: Compass

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