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Property information

House: Joetsu, Niigata

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/09/14

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Base bid price 360,000yen
You can bid above 288,000yen

Location

Location Joetsu, Niigata
Traffic access on report(japanese) えちごトキめき鉄道妙高はねうまライン「高田」駅 北方 道路距離 約1km バス停留所「北本町二丁目」 西方 道路距離 約180m(徒歩約3分) 
Reference(japanese) 妙高はねうまライン 南高田駅 北方 2.70km

Property data

Type Land(Farm) Share sale
Property number 1
Address 上越市北本町二丁目 1258番12
Building number
Registered category Rice field
Actual category Residential land
Registered area 168m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Share 2分-1
Type Land(Farm) Share sale
Property number 2
Address 上越市北本町二丁目 1258番10
Building number
Registered category Rice field
Actual category Residential land
Registered area 19m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Share 2分-1
Type Land Share sale
Property number 3
Address 上越市北本町二丁目 2256番3
Building number
Registered category Residential land
Actual category
Registered area 14.28m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Share 2分-1
Type Building Share sale
Property number 4
Address 上越市北本町二丁目 1258番地12
Building number 1258-12
Registered type Residence
Actual
Registered structure WoodenTile roofed2story building
Actual
Registered floor area 1F 98.52m2,2F 57.96m2
Actual
Layout 6K+Garage etc.
Land right Ownership・Others
Occupant Yes
Year/month built 1965/03

Numerical data

Base bid price 360,000yen Area 156㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 6 / 25pt Minimum bid price 288,000yen
Ratio of years passed
to depreciable years
277% Earnest money deposit 72,000yen

Court data

Case number 2025(O)10 Result 2026/09/17
Court Niigata District Court(Takada) Start of viewing 2026/06/08
Sale type Sealed bid auction (1 times) Bid period 2026/09/07 ~ 2026/09/14
Sale decision 2026/10/01 Special sale 2026/09/24 ~ 2026/09/28
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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 360000yen in court auction is the same as buying the asset out of court auction at 330000yen(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」.

Bid simulation

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