printout House: Arakawa, Tokyo

Asset type
House
Yield
4.3%
Rank
★★☆☆☆
Bid deadline is 2025/05/22

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Base bid price 141,040,000yen
You can bid above 112,832,000yen

Location

Location Arakawa, Tokyo
Traffic access on report(japanese) 日暮里・舎人ライナー「熊野前」駅南口 ほぼ南方 約150m(道路距離,徒歩約2分) 
Reference(japanese) 都営都電荒川線 熊野前駅 南方 0.27km 日暮里・舎人ライナー 赤土小学校前駅 北方 0.43km

Property data

Type Land Property number 3
Address 荒川区東尾久三丁目 2403番8
Registered category Residential land Actual category Residential-road
Registered area 186.54m2 Actual area
Zoning Commercial Semi-industrial Usage
Building to land ratio 80% 80% Floor area ratio 500% 300%
Type Land Property number 4
Address 荒川区東尾久三丁目 2403番9
Registered category Residential land Actual category Residential-road
Registered area 33.06m2 Actual area
Zoning Commercial Semi-industrial Usage
Building to land ratio 80% 80% Floor area ratio 500% 300%
Type Building Property number 5
Address 荒川区東尾久三丁目2403番地8、2403番地9
Building number 2403-8-2
Registered type Apartment Actual
Registered structure steel structuredAlloyplatingsteel sheet roofed3story building Actual
Registered floor area 1F 98.01m2,2F 106.79m2,3F 106.79m2 Actual
Layout 1K(1F:4Room,2F:5Room,3F:5Room),計14Room Land right Ownership
Occupant Yes Year/month built 2015/02

Numerical data

Cap rate 4.3% Area 311㎡
Gross yield 5.9% Base bid price 141,040,000yen
Lease demand 22 / 25pt Minimum bid price 112,832,000yen
Ratio of years passed
to depreciable years
40% Earnest money deposit 28,208,000yen

Court data

Case number 2024(M)103, 2024(M)481 Result 2025/05/28
Court Tokyo District Court (Main) Start of viewing 2025/04/30
Sale type Sealed bid auction (1 times) Bid period 2025/05/15 ~ 2025/05/22
Sale decision 2025/06/05 Special sale 2025/05/29 ~ 2025/06/02
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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 141040000yen in court auction is the same as buying the asset out of court auction at 131200000yen(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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