printout House: NishiTokyo, Tokyo

Asset type
House
Yield
6.2%
Rank
★★★☆☆
Bid period ended

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Base bid price 42,180,000yen You could bid above 33,744,000yen
Bid period ended

Location

Location NishiTokyo, Tokyo
Traffic access on report(japanese) 西武池袋線「保谷」駅 北西方 道路距離 約1km(徒歩約13分)
Reference(japanese) 西武池袋線 ひばりヶ丘駅 東方 1.18km 西武新宿線 東伏見駅 北方 2.60km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 136.68m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 50% Floor area ratio 150%
Type Land Share sale Property number 2
Registered category Public road Actual category -
Registered area 154m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 50% Floor area ratio 150%
Share 1000分-152
Type Building Property number 3
Building number 795-65-2
Registered type Dormitory Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 77.42m2,2F 77.84m2 Actual -
Layout 1F,2Fandも:洋Room7Room,共用-キッチン・Shower room・Wash room・Restroometc. Land right Ownership
Occupant Yes Year/month built 2016/05

Numerical data

Cap rate 6.2% Area 155㎡
Gross yield 8.5% Base bid price 42,180,000yen
Lease demand 24 / 25pt Minimum bid price 33,744,000yen
Ratio of years passed
to depreciable years
31% Earnest money deposit 8,436,000yen

Court data

Case number 2023(M)197 Announced 2024/04/22
Court Tokyo District Court (Tachikawa) Start of viewing 2024/04/22
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/21
Sale decision 2024/06/05 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 42180000yen in court auction is the same as buying the asset out of court auction at 39240000yen(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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