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Property information

House: Kikugawa, Shizuoka

Asset type
House
Yield
50.4%
Rank
★★☆☆☆
Bid deadline is 2026/02/12

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Base bid price 3,130,000yen
You can bid above 2,504,000yen

Location

Location Kikugawa, Shizuoka
Traffic access on report(japanese) JR東海道本線「菊川」駅 北東側 約5.6km(直線距離) 

Property data

Type Land
Property number 1
Address 菊川市倉沢字落井原 1704番2
Building number
Registered category Residential land
Actual category
Registered area 442.04m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Land
Property number 2
Address 菊川市倉沢字落井原 1706番15
Building number
Registered category Residential land
Actual category
Registered area 126.97m2
Actual area
Zoning Undesignated out of urban plan area
Usage
Type Building
Property number 3
Address 菊川市倉沢字落井原1706番地15、1706番地32、1704番地2
Building number 1706-15
Registered type Residence Factory
Actual Storage
Registered structure Wood・steel structuredZinc-coated steel sheetroofedOne-story
Actual
Registered floor area 172.14m2
Actual ca.100m2
Layout Others
Land right Ownership・Others
Occupant debtor・owner
Year/month built 1978/06

Numerical data

Base bid price 3,130,000yen Area 100㎡
Cap rate 50.4%
Gross yield 69.3%
Lease demand 10 / 25pt Minimum bid price 2,504,000yen
Ratio of years passed
to depreciable years
188% Earnest money deposit 626,000yen

Court data

Case number 2025(M)5 Result 2026/02/18
Court Shizuoka District Court(Hamamatsu) Start of viewing 2026/01/06
Sale type Sealed bid auction (1 times) Bid period 2026/02/04 ~ 2026/02/12
Sale decision 2026/03/11 Special sale 2026/02/19 ~ 2026/02/20
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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 3130000yen in court auction is the same as buying the asset out of court auction at 2910000yen(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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