printout House: Funabashi, Chiba

Asset type
House
Yield
18.7%
Rank
★★★☆☆
To the bid due5 days left

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Property URL

Base bid price 5,520,000yen You can bid above 4,416,000yen
To the bid due 5 days left

Location

Location Funabashi, Chiba
Traffic access on report(japanese) JR中央・総武緩行線「東船橋」駅 北東方 道路距離 約1.4km 新京成線「前原」駅 北西方 道路距離 約1.4km
Reference(japanese) 東葉高速鉄道東葉高速線 飯山満駅 南西方 1.20km JR総武本線 津田沼駅 北方 1.57km 新京成電鉄新京成線 新津田沼駅 北西方 1.80km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 102.98m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Share Three quarters
Type Land Share sale Property number 2
Registered category Public road Actual category -
Registered area 152m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Share 217956分-30879
Type Building Share sale Property number 3
Building number 323-2
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 45.95m2,2F 45.54m2 Actual -
Layout 4LDK+Storage Land right Ownership・Others
Occupant Yes Year/month built 1994/12

Numerical data

Cap rate 18.7% Area 91㎡
Gross yield 25.7% Base bid price 5,520,000yen
Lease demand 21 / 25pt Minimum bid price 4,416,000yen
Ratio of years passed
to depreciable years
131% Earnest money deposit 1,104,000yen

Court data

Case number 2023(M)364 Announced 2024/04/17
Court Chiba District Court (Main) Start of viewing 2024/04/17
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 2024/05/23 ~ 2024/05/27
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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 5520000yen in court auction is the same as buying the asset out of court auction at 5130000yen(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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