printout Mansion: Kohoku, Yokohama, Kanagawa

Asset type
Apartment
Yield
4.0%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 6,350,000yen You could bid above 5,080,000yen
Bid period ended

Results

Court classification Apartment Sale price 8,011,111yen
Bid opening Sale Number of bidders 3
Winner qualification Corporation

Location

Location Kohoku, Yokohama, Kanagawa
Name of building ダイホープラザ新横浜 same apartment.
Traffic access on report(japanese) JR横浜線「新横浜」駅 南西方 約850m(道路距離)
Reference(japanese) 東海道新幹線 新横浜駅 南西方 0.79km 横浜市高速鉄道1号線・3号線 岸根公園駅 北西方 0.93km JR横浜線 小机駅 南東方 1.22km

Property data

Type Apartment building Property number 1
Building number 新横浜一丁目2-16-904
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 9F part 18.24m2 Actual -
Layout 1K Balcony 3.62m2
Service fee etc. 11,400 Land right Ownership
Occupant Yes Year/month built 1997/07
Floor 9F / 11 Total units 62

Numerical data

Cap rate 4.0% Area 18㎡
Gross yield 5.5% Base bid price 6,350,000yen
Lease demand 24 / 25pt Minimum bid price 5,080,000yen
Ratio of years passed
to depreciable years
55% Earnest money deposit 1,270,000yen

Court data

Case number 2023(M)239 Announced 2024/02/29
Court Yokohama District Court (Main) Start of viewing 2024/02/29
Sale type Sealed bid auction (1 times) Bid period 2024/04/02 ~ 2024/04/09
Farm land - Result 2024/04/16
Sale decision 2024/04/30 Special sale 2024/04/22 ~ 2024/04/22

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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 6350000yen in court auction is the same as buying the asset out of court auction at 5910000yen(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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