printout House: Shibuya, Tokyo

Asset type
House
Yield
7.5%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 33,540,000yen You could bid above 26,832,000yen
Bid period ended

Location

Location Shibuya, Tokyo
Traffic access on report(japanese) 小田急小田原線「参宮橋」駅 北方 道路距離 約270m(徒歩約3分)
Reference(japanese) 京王新線 初台駅 東方 0.48km 小田急小田原線 南新宿駅 南西方 0.55km 都営大江戸線 代々木駅 南西方 0.79km

Property data

Type Building Property number 1
Building number 40-6-3
Registered type Residence Actual -
Registered structure WoodenCement tile roofedroofed2F building Actual -
Registered floor area 1F 54.31m2,2F 28.87m2 Actual 1F ca.61.31m2,2F 28.87m2
Layout 3LDK Land right Land lease
Occupant debtor・owner Year/month built 1960/08

Numerical data

Cap rate 7.5% Area 90㎡
Gross yield 10.3% Base bid price 33,540,000yen
Lease demand 24 / 25pt Minimum bid price 26,832,000yen
Ratio of years passed
to depreciable years
286% Earnest money deposit 6,708,000yen

Court data

Case number 2023(M)562 Announced 2024/04/17
Court Tokyo District Court (Main) Start of viewing 2024/04/17
Sale type Sealed bid auction (1 times) Bid period 2024/05/02 ~ 2024/05/09
Farm land - Result 2024/05/15
Sale decision 2024/05/23 Special sale 2024/05/16 ~ 2024/05/20

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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 33540000yen in court auction is the same as buying the asset out of court auction at 31200000yen(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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