printout Land: Ichikawa, Chiba

Asset type
Land
Yield
-
Rank
★★★★☆
Bid period ended

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Property URL

Base bid price 50,000yen You could bid above 40,000yen
Bid period ended

Results

Court classification Land Sale price 560,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Ichikawa, Chiba
Traffic access on report(japanese) 京成本線「菅野」駅 南東方 約500m(道路距離) 最寄バス停「本八幡駅北口」 北西方 約800m(道路距離)
Reference(japanese) 都営新宿線 本八幡駅 西方 0.56km 京成本線 京成八幡駅 西方 0.66km JR中央・総武緩行線 本八幡駅 北西方 0.75km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 5.17m2 Actual area -
Zoning Semi-commercial Usage -
Building to land ratio 80% Floor area ratio 200%

Numerical data

Cap rate - Area 5㎡
Gross yield - Base bid price 50,000yen
Lease demand 20 / 25pt Minimum bid price 40,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 10,000yen

Court data

Case number 2022(M)409 Announced 2024/03/13
Court Chiba District Court (Main) Start of viewing 2024/03/13
Sale type Sealed bid auction (2 times) Bid period 2024/04/03 ~ 2024/04/10
Farm land - Result 2024/04/17
Sale decision 2024/05/08 Special sale 2024/04/18 ~ 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 50000yen in court auction is the same as buying the asset out of court auction at 50000yen(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 %