printout House: Fujikawa, Yamanashi

Asset type
House
Yield
19.3%
Rank
★☆☆☆☆
Bid period ended

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Property URL

Base bid price 4,200,000yen You could bid above 3,360,000yen
Bid period ended

Results

Court classification House Sale price 8,090,000yen
Bid opening Sale Number of bidders 4
Winner qualification Corporation

Location

Location Fujikawa, Yamanashi
Traffic access on report(japanese) JR身延線「鰍沢口」駅 北西方 道路距離 約4.2km
Reference(japanese) -

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 214.03m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Type Land Share sale Property number 2
Registered category Residential land Actual category Public road
Registered area 97.99m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 70% Floor area ratio 200%
Share Half
Type Building Property number 3
Building number 2012-21
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 66.53m2,2F 44.71m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1993/05

Numerical data

Cap rate 19.3% Area 111㎡
Gross yield 26.5% Base bid price 4,200,000yen
Lease demand 1 / 25pt Minimum bid price 3,360,000yen
Ratio of years passed
to depreciable years
136% Earnest money deposit 840,000yen

Court data

Case number 2023(M)21 Announced 2024/03/15
Court Kofu District Court (Main) Start of viewing 2024/03/15
Sale type Sealed bid auction (2 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/15 Special sale 2024/04/19 ~ 2024/04/25

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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 4200000yen in court auction is the same as buying the asset out of court auction at 3910000yen(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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Others 0,000yen
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