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Property information

House: Joetsu, Niigata

Asset type
House
Yield
67.7%
Rank
★☆☆☆☆
Bid deadline is 2026/02/17

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Base bid price 1,660,000yen
You can bid above 1,328,000yen

Location

Location Joetsu, Niigata
Traffic access on report(japanese) 妙高はねうまライン「高田」駅 東方 約3.4km 

Property data

Type Land
Property number 1
Address 上越市鴨島二丁目 753番5
Building number
Registered category Residential land
Actual category
Registered area 203.61m2
Actual area
Zoning High residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 上越市鴨島二丁目 753番地5
Building number 753-5
Registered type Residence
Actual
Registered structure WoodenZinc-coated steel sheetroofed2story building
Actual
Registered floor area 1F 86.15m2,2F 33.07m2
Actual 1F ca.120m2,2F 33.07m2
Layout 7DK
Land right Ownership
Occupant Yes
Year/month built 1971/09

Numerical data

Base bid price 1,660,000yen Area 153㎡
Cap rate 67.7%
Gross yield 93.1%
Lease demand 3 / 25pt Minimum bid price 1,328,000yen
Ratio of years passed
to depreciable years
245% Earnest money deposit 332,000yen

Court data

Case number 2025(M)1 Result 2026/02/19
Court Niigata District Court(Takada) Start of viewing 2026/01/13
Sale type Sealed bid auction (2 times) Bid period 2026/02/09 ~ 2026/02/17
Sale decision 2026/03/05 Special sale 2026/02/24 ~ 2026/02/26
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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 1660000yen in court auction is the same as buying the asset out of court auction at 1540000yen(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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