printout House: Kasukabe, Saitama

Asset type
House
Yield
17.9%
Rank
★★★☆☆
To the bid due9 days left

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Base bid price 1,200,000yen You can bid above 960,000yen
To the bid due 9 days left

Location

Location Kasukabe, Saitama
Traffic access on report(japanese) 東武伊勢崎線 せんげん台駅 北西方 約1.1km(道路距離)
Reference(japanese) 東武伊勢崎線 武里駅 南方 1.26km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category Public road
Registered area 210.78m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Share 252936分-4210
Type Land Share sale Property number 2
Registered category Residential land Actual category -
Registered area 116.50m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Share 6分-1
Type Building Share sale Property number 3
Building number 850-17
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 59.62m2,2F 59.62m2 Actual -
Layout Others Land right Ownership・Others
Occupant Yes Year/month built 1986/12

Numerical data

Cap rate 17.9% Area 119㎡
Gross yield 24.6% Base bid price 1,200,000yen
Lease demand 20 / 25pt Minimum bid price 960,000yen
Ratio of years passed
to depreciable years
168% Earnest money deposit 240,000yen

Court data

Case number 2023(O)46 Announced 2024/04/23
Court Saitama District Court (Koshigaya) Start of viewing 2024/04/23
Sale type Sealed bid auction (1 times) Bid period 2024/05/15 ~ 2024/05/22
Farm land - Result 2024/05/29
Sale decision 2024/06/12 Special sale 2024/06/03 ~ 2024/06/14
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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 1200000yen in court auction is the same as buying the asset out of court auction at 1120000yen(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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