printout Mansion: Zushi, Kanagawa

Asset type
Apartment
Yield
4.4%
Rank
★☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 32,620,000yen You could bid above 26,096,000yen
Bid period ended

Location

Location Zushi, Kanagawa
Traffic access on report(japanese) JR横須賀線「逗子」駅 南西方 約300m(道路距離)
Reference(japanese) 京急逗子線 逗子・葉山駅 北西方 0.43km JR横須賀線 東逗子駅 西方 2.26km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 1223.84m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 400%
Share 10000分-272
Type Land Share sale Property number 2
Registered category Residential land Actual category -
Registered area 116.00m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 400%
Share 10000分-272
Type Apartment building Property number 3
Building number 逗子一丁目217-1-14
Registered type Residence Actual -
Registered structure Steelconcrete2F building Actual -
Registered area 5F part 60.42m2,6F part 69.88m2 Actual -
Layout 3LDK Balcony Yes
Service fee etc. 59,210 Land right Ownership
Occupant Yes Year/month built 1981/08
Floor 5Fand6F Total units 28

Numerical data

Cap rate 4.4% Area 130㎡
Gross yield 6.1% Base bid price 32,620,000yen
Lease demand 22 / 25pt Minimum bid price 26,096,000yen
Ratio of years passed
to depreciable years
89% Earnest money deposit 6,524,000yen

Court data

Case number 2023(M)71 Announced 2024/05/09
Court Yokohama District Court (Yokosuka) Start of viewing 2024/05/09
Sale type Sealed bid auction (1 times) Bid period 2024/05/30 ~ 2024/06/06
Farm land - Result 2024/06/13
Sale decision 2024/07/04 Special sale 2024/06/21 ~ 2024/06/21

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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 32620000yen in court auction is the same as buying the asset out of court auction at 30340000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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