printout Mansion: Kumagaya, Saitama

Asset type
Apartment
Yield
50.1%
Rank
★★★☆☆
Bid period ended

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Base bid price 600,000yen You could bid above 480,000yen
Bid period ended

Results

Court classification Apartment Sale price 1,770,999yen
Bid opening Sale Number of bidders 3
Winner qualification Corporation

Location

Location Kumagaya, Saitama
Name of building ビレッタ熊谷 same apartment.
Traffic access on report(japanese) 秩父鉄道線「石原」駅 東方 約700m(道路距離) JR高崎線「熊谷」駅 北西方 約1800m(道路距離) 秩父鉄道線「熊谷」駅 北西方 約1800m(道路距離)
Reference(japanese) 秩父鉄道秩父本線 上熊谷駅 北西方 0.75km 上越新幹線 熊谷駅 北西方 1.59km 北陸新幹線 熊谷駅 北西方 1.59km

Property data

Type Apartment building Property number 1
Building number Stone原二丁目 14-1-79
Registered type Shop Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 1F part 43.02m2 Actual -
Layout Shop バルコニーNo 専用庭No Balcony No
Service fee etc. 12,035 Land right Ownership
Occupant debtor・owner Year/month built 1975/10
Floor 1F / 11 Total units 80

Numerical data

Cap rate 50.1% Area 43㎡
Gross yield 68.9% Base bid price 600,000yen
Lease demand 15 / 25pt Minimum bid price 480,000yen
Ratio of years passed
to depreciable years
102% Earnest money deposit 120,000yen

Court data

Case number 2023(O)39 Announced 2024/03/18
Court Saitama District Court (Kumagaya) Start of viewing 2024/03/18
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 2024/04/22 ~ 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 600000yen in court auction is the same as buying the asset out of court auction at 560000yen(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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