printout House: MusahiMurayama, Tokyo

Asset type
House
Yield
17.5%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 7,060,000yen You could bid above 5,648,000yen
Bid period ended

Location

Location MusahiMurayama, Tokyo
Traffic access on report(japanese) 西武拝島線「西武立川」駅 北方 約3.8km(道路距離) JR八高線「箱根ヶ崎」駅 南東方 約3.1km 最寄りバス停 徒歩約9分
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 17.50m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 80%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 5.63m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 80%
Type Land Property number 3
Registered category Residential land Actual category -
Registered area 173.79m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 80%
Type Building Property number 4
Building number 36-7
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 52.75m2,2F 47.20m2 Actual 1F ca.55m2,2F 47.20m2
Layout 3LDK〔1F〕LDK,和Room,Wash room,Bath,Restroometc. 〔2F〕洋Room(2),Restroometc. Land right Ownership
Occupant debtor・owner Year/month built 1986/08

Numerical data

Cap rate 17.5% Area 102㎡
Gross yield 24.1% Base bid price 7,060,000yen
Lease demand 15 / 25pt Minimum bid price 5,648,000yen
Ratio of years passed
to depreciable years
168% Earnest money deposit 1,412,000yen

Court data

Case number 2023(M)174 Announced 2024/04/22
Court Tokyo District Court (Tachikawa) Start of viewing 2024/04/22
Sale type Sealed bid auction (2 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 7060000yen in court auction is the same as buying the asset out of court auction at 6570000yen(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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