1088 Bishop St Unit 512, Honolulu, HI, 96813

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

1088 Bishop St Unit 512, Honolulu$359,000

Buyer Closing Credits

$4,263^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned, Covered, Garage, Guest, One Space

Year Built1984

CoolingCentral Air

ViewCity

MLS #202424567

StatusAccepting Backup Offers
(Active Under Contract)

About 1088 Bishop St Unit 512

Fee simple remodeled spacious 1 bdrm/1 bath/1 pkg unit located in the heart of Downtown Honolulu! Features floor to ceiling windows with fantastic city views! Super convenient being walking distance to restaurants, shops, entertainment, banks, bus lines and more! Enjoy the heated pool, 24hr security, assigned/secured covered parking stall! Monthly maintenance fee of $768.08 includes cable TV, hot water, internet service, sewer, water. Capital reserves are $217.85/month. Electricity per month is metered around $85-$100/month. Currently used as a short term vacation rental with over $50K rental income from Jan-Oct 2024!

View More

Property Details

Property Features

Property Information:

• Architectural Style: High Rise
• Year Built: 1984
• Living Area: 525 SqFt

Listing Office:

• Office Name: BHGRE Advantage Realty
• Office Phone: (808) 261-1800
• Agent Phone: (808) 561-7841

Interior Features

Interior Information:

• Appliances: Disposal, Refrigerator
• Flooring Type: Laminate, Marble
• Interior: Cable, Drapes

Bedroom and Bathroom Information:

• Full Bathrooms: 1
• Total Bedroom Count: 1

Exterior Features

Exterior Information:

• View: City

Parking Information:

• Parking: Assigned, Covered, Garage, Guest, One Space

Virtual/3D Tour

• 3D Tour: 1088 Bishop St Unit 512

3D Tour

Utilities

Utilities Information:

• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $359,000
• Price Per SqFt: $684/SqFt

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Honolulu, HI.

Honolulu, HI

City

Med. Sold Price

$691.2K

Med. Price/SqFt

$709

Avg. Days On Market

60

# of Sold Homes

249

1088 Bishop St Unit 512 vs Honolulu

56 DAYS ON ROCKET

-4 Days

$359,000

-$332.2K Less

$684/SqFt

-$26 Less

KEY TAKEAWAY

This property is $332.2K less than the Median Sold Price and $26/SqFt less than other homes in Honolulu, HI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: HICMLS
• MLS Number: #202424567

Listing Office:

• Office Name: BHGRE Advantage Realty
• Office Phone: (808) 261-1800
• Agent Phone: (808) 561-7841

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright: 2024 by HiCentral MLS, Ltd.

Some of the active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company’s active listing, you may speak to one of our agents regarding your options for representation.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/25/2024, 8:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,859

Per Month

Principal & Interest

$1,792

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,143

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Hawaii›Honolulu County›Honolulu›96813›1088 Bishop St Unit 512

This home is located at 1088 Bishop St Unit 512 in Honolulu, HI and zip code 96813 in the Downtown neighborhood. This 525 square foot home was built in 1984. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $359,000.

While more than 45 listings in Honolulu, HI in November 2024 were sold above asking price, there were more than 57 listings sold at asking price, and more than 147 were sold below. The number of homes for sale in Honolulu, HI increased by 6.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $691,200, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.