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Property information

House: Isogo, Yokohama, Kanagawa

Asset type
House
Yield
8.2%
Rank
★★☆☆☆
Bid deadline is 2026/01/27

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Base bid price 35,230,000yen
You can bid above 28,184,000yen

Location

Location Isogo, Yokohama, Kanagawa
Traffic access on report(japanese) JR根岸線「新杉田」駅 南東方 約700m(道路距離) 
Reference(japanese) 横浜新都市交通金沢シーサイドライン 新杉田駅 南方 0.41km 京急本線 杉田駅 南東方 0.50km

Property data

Type Land
Property number 1
Address 横浜市磯子区杉田五丁目 488番2
Building number
Registered category Residential land
Actual category
Registered area 257.55m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 3
Address 横浜市磯子区杉田五丁目488番地2
Building number 488-2-2
Registered type Residence Warehouse
Actual Residence Warehouse Office Workshop
Registered structure steel structuredFlat-roofed3 story building
Actual steel structuredFlat-roofed・Zinc-coated steel sheetroofed3 story building
Registered floor area 1F 64.80m2,2F 64.80m2,3F 64.80m2
Actual 1F ca.154m2,2F ca.154m2,3F ca.83m2
Layout Residence,Warehouse,Office,Workshop
Land right Ownership
Occupant Yes
Year/month built 1973/04

Numerical data

Base bid price 35,230,000yen Area 391㎡
Cap rate 8.2%
Gross yield 11.3%
Lease demand 23 / 25pt Minimum bid price 28,184,000yen
Ratio of years passed
to depreciable years
208% Earnest money deposit 7,046,000yen

Court data

Case number 2025(M)129 Result 2026/02/03
Court Yokohama District Court(Main) Start of viewing 2025/12/18
Sale type Sealed bid auction (1 times) Bid period 2026/01/20 ~ 2026/01/27
Sale decision 2026/02/16 Special sale 2026/02/09 ~ 2026/02/09
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Analysis data

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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 35230000yen in court auction is the same as buying the asset out of court auction at 32770000yen(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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