printout House: Nishi, Niigata, Niigata

Asset type
House
Yield
9.8%
Rank
★★☆☆☆
To the bid due4 days left

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Property URL

Base bid price 22,040,000yen You can bid above 17,632,000yen
To the bid due 4 days left

Location

Location Nishi, Niigata, Niigata
Traffic access on report(japanese) JR越後線「青山」駅 南方 道路距離 約700m 新潟交通「青山1丁目」バス停 約120m
Reference(japanese) JR越後線 小針駅 北東方 1.08km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 223.56m2 Actual area -
Zoning Residential Class II Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 5-27
Registered type Shop・Residence Actual -
Registered structure steel structuredAlloyplatingsteel sheet roofed2F building Actual -
Registered floor area 1F 114.75m2,2F 114.75m2 Actual -
Layout 4LDK+Shop Land right Ownership
Occupant debtor・owner Year/month built 2016/01

Numerical data

Cap rate 9.8% Area 229㎡
Gross yield 13.5% Base bid price 22,040,000yen
Lease demand 16 / 25pt Minimum bid price 17,632,000yen
Ratio of years passed
to depreciable years
32% Earnest money deposit 4,408,000yen

Court data

Case number 2023(M)82 Announced 2024/04/09
Court Niigata District Court (Main) Start of viewing 2024/04/09
Sale type Sealed bid auction (1 times) Bid period 2024/05/07 ~ 2024/05/14
Farm land - Result 2024/05/20
Sale decision 2024/06/03 Special sale 2024/05/22 ~ 2024/05/24
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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 22040000yen in court auction is the same as buying the asset out of court auction at 20500000yen(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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