printout House: Kamitonda, Wakayama

Asset type
House
Yield
23.2%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 2,600,000yen You could bid above 2,080,000yen
Bid period ended

Results

Court classification House Sale price -
Bid opening Withdraw Number of bidders -
Winner qualification -

Location

Location Kamitonda, Wakayama
Traffic access on report(japanese) JR紀勢本線「朝来」駅 西方 道路距離 約2.7km
Reference(japanese) JR紀勢本線 紀伊新庄駅 南方 2.50km

Property data

Type Land Property number 1
Registered category Forest Actual category Residential land
Registered area 131m2 Actual area -
Zoning Undesignated in urban plan area Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 2
Building number 1805-1108
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 29.21m2,2F 29.21m2 Actual -
Layout 2LDK Land right Ownership
Occupant debtor・owner Year/month built 1988/10

Numerical data

Cap rate 23.2% Area 58㎡
Gross yield 31.9% Base bid price 2,600,000yen
Lease demand 10 / 25pt Minimum bid price 2,080,000yen
Ratio of years passed
to depreciable years
159% Earnest money deposit 520,000yen

Court data

Case number 2023(O)7 Announced 2024/03/22
Court Wakayama District Court (Tanabe) Start of viewing 2024/03/22
Sale type Sealed bid auction (1 times) Bid period 2024/04/12 ~ 2024/04/19
Farm land - Result 2024/04/23
Sale decision 2024/05/14 Special sale 2024/04/30 ~ 2024/04/30

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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 2600000yen in court auction is the same as buying the asset out of court auction at 2420000yen(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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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
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Total cost of acquisition 0,000yen

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Projected yield %