printout House: Tama, Kawasaki, Kanagawa

Asset type
House
Yield
13.1%
Rank
★★☆☆☆
To the bid due5 days left

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Property URL

Base bid price 88,510,000yen You can bid above 70,808,000yen
To the bid due 5 days left

Location

Location Tama, Kawasaki, Kanagawa
Traffic access on report(japanese) 小田急小田原線「読売ランド前」駅 南方 約950m(道路距離) 小田急小田原線「百合ヶ丘」駅 南東方 約1km(道路距離) コミュニティバス「高見台」バス停 至近
Reference(japanese) 小田急小田原線 新百合ヶ丘駅 東方 1.62km 小田急多摩線 新百合ヶ丘駅 東方 1.62km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 2015.20m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Building Property number 2
Building number 6631-10
Registered type Apartment Actual -
Registered structure SteelconcreteFlat-roofed3story building Actual -
Registered floor area 1F 206.58m2,2F 206.58m2,3F 206.58m2 Actual -
Layout 1R(LDK-機能を備えた1R)×12units Land right Ownership
Occupant Yes Year/month built 1968/11

Numerical data

Cap rate 13.1% Area 619㎡
Gross yield 18.0% Base bid price 88,510,000yen
Lease demand 24 / 25pt Minimum bid price 70,808,000yen
Ratio of years passed
to depreciable years
117% Earnest money deposit 17,702,000yen

Court data

Case number 2023(M)83 Announced 2024/04/24
Court Yokohama District Court (Kawasaki) Start of viewing 2024/04/24
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/22
Sale decision 2024/06/11 Special sale 2024/05/30 ~ 2024/05/30
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!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

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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 88510000yen in court auction is the same as buying the asset out of court auction at 82330000yen(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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