printout House: Sayama, Saitama

Asset type
House
Yield
8.9%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 12,550,000yen You could bid above 10,040,000yen
Bid period ended

Results

Court classification House Sale price 12,278,000yen
Bid opening Sale Number of bidders 3
Winner qualification Corporation

Location

Location Sayama, Saitama
Traffic access on report(japanese) 西武新宿線 入曽駅 北方 約2,100m(道路距離)
Reference(japanese) 西武新宿線 狭山市駅 南東方 1.98km 西武池袋線 稲荷山公園駅 東方 2.94km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 145.14m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 1429-5
Registered type Residence Actual -
Registered structure Lightsteel structuredSlate-roofedroofed2F building Actual -
Registered floor area 1F 58.96m2,2F 49.84m2 Actual -
Layout Others Land right Ownership
Occupant Yes Year/month built 1984/08

Numerical data

Cap rate 8.9% Area 108㎡
Gross yield 12.2% Base bid price 12,550,000yen
Lease demand 21 / 25pt Minimum bid price 10,040,000yen
Ratio of years passed
to depreciable years
156% Earnest money deposit 2,510,000yen

Court data

Case number 2023(M)116 Announced 2024/03/19
Court Saitama District Court (Kawagoe) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/09 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 12550000yen in court auction is the same as buying the asset out of court auction at 11670000yen(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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