printout House: Yokkaichi, Mie

Asset type
House
Yield
21.5%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 5,560,000yen You could bid above 4,448,000yen
Bid period ended

Location

Location Yokkaichi, Mie
Traffic access on report(japanese) 四日市あすなろう鉄道八王子線「西日野」駅 南西方 直線距離 約1.2km
Reference(japanese) 内部線 泊駅 北西方 1.63km

Property data

Type Land Property number 9
Registered category Residential land Actual category -
Registered area 489.94m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 80%
Type Building Property number 11
Building number 4442-1
Registered type Apartment Actual -
Registered structure Lightsteel structuredZinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 104.34m2,2F 104.34m2 Actual -
Layout Others Land right Ownership
Occupant Yes Year/month built 1978/11
Type Building Property number 12
Building number 4442-5-2
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofedOne-story Actual -
Registered floor area 46.37m2 Actual -
Layout 2LDK Land right Ownership
Occupant debtor・owner Year/month built 1986/09

Numerical data

Cap rate 21.5% Area 208㎡
Gross yield 29.6% Base bid price 5,560,000yen
Lease demand 15 / 25pt Minimum bid price 4,448,000yen
Ratio of years passed
to depreciable years
174% Earnest money deposit 1,112,000yen

Court data

Case number 2023(M)31 Announced 2024/05/22
Court Tsu District Court (Yokkaichi) Start of viewing 2024/05/22
Sale type Sealed bid auction (1 times) Bid period 2024/06/05 ~ 2024/06/12
Farm land - Result 2024/06/19
Sale decision 2024/07/08 Special sale 2024/07/10 ~ 2024/07/10

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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 5560000yen in court auction is the same as buying the asset out of court auction at 5170000yen(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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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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