printout House: Miyako, Iwate

Asset type
House
Yield
70%以上
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 670,000yen You could bid above 536,000yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Miyako, Iwate
Traffic access on report(japanese) JR山田線「宮古」駅 南西方 約1.8m(道路距離) 岩手県北バス「あけぼの団地」停留所 北西方 約30m(徒歩約1分)
Reference(japanese) 三陸鉄道リアス線 宮古駅 南西方 0.85km JR山田線 千徳駅 東方 2.38km

Property data

Type Building Property number 3
Building number 201-1-1
Registered type Shop・Residence Actual Residence
Registered structure WoodenZinc-coated steel sheetroofedOne-story Actual -
Registered floor area 67.66m2 Actual -
Layout Others Land right Land lease
Occupant Yes Year/month built 1968/03

Numerical data

Cap rate 70%以上 Area 67㎡
Gross yield 96%以上 Base bid price 670,000yen
Lease demand 12 / 25pt Minimum bid price 536,000yen
Ratio of years passed
to depreciable years
254% Earnest money deposit 134,000yen

Court data

Case number 2023(M)3 Announced 2024/03/01
Court Morioka District Court (Miyako) Start of viewing 2024/03/01
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/18
Sale decision 2024/05/09 Special sale -

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Search similar properties Pro Basic List of similar properties nearby and sold out List of similar props.
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 670000yen in court auction is the same as buying the asset out of court auction at 620000yen(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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Estimate the total costs here

Simulate the total cost of acquisition

Bid 0,000yen Support service 0,000yen
Registration tax 0,000yen Liabilities 0,000yen
Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Total cost of acquisition 0,000yen

Simulate return from the asset

Rental income 0,000yen Upkeep costs 0,000yen
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Projected yield %