printout Mansion: Kita, Tokyo

Asset type
Apartment
Yield
7.7%
Rank
★★☆☆☆
To the bid due7 days left

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Property URL

Base bid price 36,680,000yen You can bid above 29,344,000yen
To the bid due 7 days left

Location

Location Kita, Tokyo
Traffic access on report(japanese) JR埼京線「板橋」駅 北東方 約410m(徒歩約6分,道路距離) 都営三田線「新板橋」駅 南東方 約460m(徒歩約6分,道路距離)
Reference(japanese) 都営三田線 西巣鴨駅 北西方 0.59km 東武東上線 下板橋駅 東方 0.73km 都営都電荒川線 新庚申塚駅 北西方 0.87km

Property data

Type Land Property number 1
Registered category Residential land Actual category Residential-road
Registered area 130.41m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 300%
Type Apartment building Property number 2
Building number 滝野川六丁目68-8-1
Registered type Apartment・Garage Actual -
Registered structure Wooden2F building Actual -
Registered area 1F part 67.67m2,2F part 65.67m2 Actual -
Layout 1F:1K+Storage2,Garage.2F:1LDK+WIC. 1FResidence,Garage,2FResidenceは独立しており内部では行き来できない. Balcony Yes
Service fee etc. - Land right Ownership
Occupant Yes Year/month built 1998/12
Floor 1F and 2F Total units 3

Numerical data

Cap rate 7.7% Area 133㎡
Gross yield 10.6% Base bid price 36,680,000yen
Lease demand 25 / 25pt Minimum bid price 29,344,000yen
Ratio of years passed
to depreciable years
113% Earnest money deposit 7,336,000yen

Court data

Case number 2023(M)557 Announced 2024/05/01
Court Tokyo District Court (Main) Start of viewing 2024/05/01
Sale type Sealed bid auction (1 times) Bid period 2024/05/16 ~ 2024/05/23
Farm land - Result 2024/05/29
Sale decision 2024/06/06 Special sale 2024/05/30 ~ 2024/06/03
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  • Download Tri-set and register favorite auction concierge. Cap rate and gross yield on the property detail pages are based on base bid prices; please consult auction concierges for actual returns and gains.
!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

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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 36680000yen in court auction is the same as buying the asset out of court auction at 34120000yen(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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