printout Mansion: Wako, Saitama

Asset type
Apartment
Yield
4.9%
Rank
★☆☆☆☆
To the bid due2 days left

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Property URL

Base bid price 16,320,000yen You can bid above 13,056,000yen
To the bid due 2 days left

Location

Location Wako, Saitama
Name of building アーバンキャッスル高島平ウエスト same apartment.
Traffic access on report(japanese) 都営三田線「西高島平」駅 西方 約740m(直線距離)
Reference(japanese) 東武東上線 成増駅 北方 1.53km 東京メトロ有楽町線 地下鉄成増駅 北方 1.66km 東京メトロ副都心線 地下鉄成増駅 北方 1.66km

Property data

Type Apartment building Property number 1
Building number 白子三丁目 473-1-502
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 5F part 54.60m2 Actual -
Layout 3DK バルコニーYes Balcony Yes
Service fee etc. 16,820 Land right Ownership
Occupant debtor・owner Year/month built 2006/02
Floor 5F / 5 Total units 33

Numerical data

Cap rate 4.9% Area 54㎡
Gross yield 6.7% Base bid price 16,320,000yen
Lease demand 12 / 25pt Minimum bid price 13,056,000yen
Ratio of years passed
to depreciable years
38% Earnest money deposit 3,264,000yen

Court data

Case number 2023(M)287 Announced 2024/04/16
Court Saitama District Court (Main) Start of viewing 2024/04/16
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/22
Sale decision 2024/06/05 Special sale 2024/05/27 ~ 2024/05/31
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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 16320000yen in court auction is the same as buying the asset out of court auction at 15180000yen(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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