printout House: Midori, Chiba, Chiba

Asset type
House
Yield
16.2%
Rank
★★★★☆
To the bid due1 days left

Property image

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Property URL

Base bid price 12,030,000yen You can bid above 9,624,000yen
To the bid due 1 days left

Location

Location Midori, Chiba, Chiba
Traffic access on report(japanese) JR外房線「鎌取」駅 北西方 約450m(道路距離)
Reference(japanese) 京成千原線 学園前駅 東方 1.58km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 184.70m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 3-8
Registered type Office・Apartment Actual -
Registered structure Wood・steel structuredZinc-coated steel sheet roofed3story building Actual -
Registered floor area 1F 75.35m2,2F 66.78m2,3F 46.37m2 Actual -
Layout 1F:Office×1units 2F:Office×1units 3F:1R×2units Land right Ownership
Occupant Yes Year/month built 2008/01

Numerical data

Cap rate 16.2% Area 188㎡
Gross yield 22.3% Base bid price 12,030,000yen
Lease demand 21 / 25pt Minimum bid price 9,624,000yen
Ratio of years passed
to depreciable years
64% Earnest money deposit 2,406,000yen

Court data

Case number 2023(M)196 Announced 2024/04/17
Court Chiba District Court (Main) Start of viewing 2024/04/17
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/22
Sale decision 2024/06/05 Special sale 2024/05/23 ~ 2024/05/27
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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 12030000yen in court auction is the same as buying the asset out of court auction at 11190000yen(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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