printout House: Kita, Nagoya, Aichi

Asset type
House
Yield
8.8%
Rank
★☆☆☆☆
To the bid due14 days left

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Base bid price 23,430,000yen You can bid above 18,744,000yen
To the bid due 14 days left

Location

Location Kita, Nagoya, Aichi
Traffic access on report(japanese) 名鉄小牧線「上飯田」駅 北西方 道路距離 約1.3km 地下鉄上飯田線「上飯田」駅 北西方 道路距離 約1.3km
Reference(japanese) 名鉄小牧線 味鋺駅 南西方 1.47km 名古屋市営地下鉄上飯田線 平安通駅 北方 1.75km 名古屋市営地下鉄名城線 平安通駅 北方 1.79km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 296.00m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 123-
Registered type Residence・Warehouse Actual -
Registered structure steel structuredFlat-roofed3story building Actual -
Registered floor area 1F 62.10m2,2F 50.85m2,3F 50.85m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1990/05

Numerical data

Cap rate 8.8% Area 163㎡
Gross yield 12.1% Base bid price 23,430,000yen
Lease demand 18 / 25pt Minimum bid price 18,744,000yen
Ratio of years passed
to depreciable years
136% Earnest money deposit 4,686,000yen

Court data

Case number 2023(M)124 Announced 2024/06/11
Court Nagoya District Court (Main) Start of viewing 2024/06/11
Sale type Sealed bid auction (1 times) Bid period 2024/06/26 ~ 2024/07/03
Farm land - Result 2024/07/10
Sale decision 2024/07/24 Special sale 2024/07/17 ~ 2024/07/17
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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 23430000yen in court auction is the same as buying the asset out of court auction at 21800000yen(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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