printout Mansion: Itabashi, Tokyo

Asset type
Apartment
Yield
2.1%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 15,730,000yen You could bid above 12,584,000yen
Bid period ended

Results

Court classification Apartment Sale price 17,628,900yen
Bid opening Sale Number of bidders 6
Winner qualification Corporation

Location

Location Itabashi, Tokyo
Name of building THEGranderegalo same apartment.
Traffic access on report(japanese) 都営三田線「志村坂上」駅 北西方 約550m(徒歩約7分,道路距離) 都営三田線「志村三丁目」駅 東方 約550m(徒歩約7分,道路距離)
Reference(japanese) 都営三田線 蓮根駅 南東方 1.26km JR埼京線 浮間舟渡駅 南方 1.37km

Property data

Type Apartment building Property number 1
Building number 志村三丁目26-18-602
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 6F part 22.70m2 Actual -
Layout 1K Balcony Yes
Service fee etc. 16,190 Land right Ownership
Occupant Yes Year/month built 2011/06
Floor 6F Total units 39

Numerical data

Cap rate 2.1% Area 22㎡
Gross yield 2.9% Base bid price 15,730,000yen
Lease demand 23 / 25pt Minimum bid price 12,584,000yen
Ratio of years passed
to depreciable years
25% Earnest money deposit 3,146,000yen

Court data

Case number 2023(M)647 Announced 2024/04/17
Court Tokyo District Court (Main) Start of viewing 2024/04/17
Sale type Sealed bid auction (1 times) Bid period 2024/05/02 ~ 2024/05/09
Farm land - Result 2024/05/15
Sale decision 2024/05/23 Special sale 2024/05/16 ~ 2024/05/20

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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 15730000yen in court auction is the same as buying the asset out of court auction at 14630000yen(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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