printout House: Nishi, Niigata, Niigata

Asset type
House
Yield
32.4%
Rank
★★☆☆☆
To the bid due1 days left

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Property URL

Base bid price 2,260,000yen You can bid above 1,808,000yen
To the bid due 1 days left

Location

Location Nishi, Niigata, Niigata
Traffic access on report(japanese) JR越後線「寺尾」駅 南東方 約5.5km(道路距離) 新潟交通バス「信濃川大橋西詰」停留所 西方 約620m(道路距離)
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 100.11m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Land Property number 2
Registered category Public road Actual category -
Registered area 18m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Building Property number 3
Building number 2894-6
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 48.43m2,2F 29.81m2 Actual -
Layout 4K Land right Ownership
Occupant debtor・owner Year/month built 1985/03

Numerical data

Cap rate 32.4% Area 78㎡
Gross yield 44.6% Base bid price 2,260,000yen
Lease demand 13 / 25pt Minimum bid price 1,808,000yen
Ratio of years passed
to depreciable years
177% Earnest money deposit 452,000yen

Court data

Case number 2023(O)38 Announced 2024/04/09
Court Niigata District Court (Main) Start of viewing 2024/04/09
Sale type Sealed bid auction (1 times) Bid period 2024/05/07 ~ 2024/05/14
Farm land - Result 2024/05/20
Sale decision 2024/06/03 Special sale 2024/05/22 ~ 2024/05/24
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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 2260000yen in court auction is the same as buying the asset out of court auction at 2100000yen(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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