printout House: Mitsuke, Niigata

Asset type
House
Yield
54.6%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 850,000yen You could bid above 680,000yen
Bid period ended

Results

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

Location

Location Mitsuke, Niigata
Traffic access on report(japanese) JR信越本線「見附駅」 南東方 約1.7km(道路距離) 最寄バス停「図書館前」 西方 約150m(道路距離)
Reference(japanese) -

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 107.87m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Share Half
Type Building Share sale Property number 2
Building number 211-4
Registered type Residence Actual Residence・Garage
Registered structure WoodenTile・Zinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 71.59m2,2F 47.17m2 Actual 1F ca.76.59m2,2F 47.17m2
Layout 4DKandGarage(普通車1台分) 1FResidence部分andGarage部分はBuilding内で直接行き来できない. Land right Ownership・Others
Occupant Yes Year/month built 1972/11

Numerical data

Cap rate 54.6% Area 123㎡
Gross yield 75.1% Base bid price 850,000yen
Lease demand 13 / 25pt Minimum bid price 680,000yen
Ratio of years passed
to depreciable years
231% Earnest money deposit 170,000yen

Court data

Case number 2023(O)29 Announced 2024/03/11
Court Niigata District Court (Nagaoka) Start of viewing 2024/03/11
Sale type Sealed bid auction (1 times) Bid period 2024/04/08 ~ 2024/04/15
Farm land - Result 2024/04/18
Sale decision 2024/05/08 Special sale 2024/04/22 ~ 2024/04/26

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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 850000yen in court auction is the same as buying the asset out of court auction at 790000yen(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
Input the desired price, calculate the acquisition cost
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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 %