printout Mansion: Ichikawa, Chiba

Asset type
Apartment
Yield
2.4%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 37,310,000yen You could bid above 29,848,000yen
Bid period ended

Results

Court classification Apartment Sale price 65,740,000yen
Bid opening Sale Number of bidders 37
Winner qualification Corporation

Location

Location Ichikawa, Chiba
Name of building ブランズ本八幡 same apartment.
Traffic access on report(japanese) JR総武線「本八幡」駅 南方 約380m(道路距離)
Reference(japanese) 都営新宿線 本八幡駅 南方 0.49km 京成本線 京成八幡駅 南方 0.55km

Property data

Type Apartment building Property number 1
Building number 南八幡三丁目215-2-1405
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 14F part 69.28m2 Actual -
Layout 3LDK(中部屋) ・バルコニー面積 ca.13.5m2 Balcony ca.13.5m2
Service fee etc. 28,130 Land right Ownership
Occupant debtor・owner Year/month built 2012/08
Floor 14F / 14 Total units 78

Numerical data

Cap rate 2.4% Area 69㎡
Gross yield 3.3% Base bid price 37,310,000yen
Lease demand 24 / 25pt Minimum bid price 29,848,000yen
Ratio of years passed
to depreciable years
23% Earnest money deposit 7,462,000yen

Court data

Case number 2023(M)321 Announced 2024/03/13
Court Chiba District Court (Main) Start of viewing 2024/03/13
Sale type Sealed bid auction (1 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 37310000yen in court auction is the same as buying the asset out of court auction at 34710000yen(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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