printout Mansion: Soka, Saitama

Asset type
Apartment
Yield
8.7%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 8,360,000yen You could bid above 6,688,000yen
Bid period ended

Results

Court classification Apartment Sale price 7,420,000yen
Bid opening Sale Number of bidders 1
Winner qualification Corporation

Location

Location Soka, Saitama
Name of building 草加スカイハイツ same apartment.
Traffic access on report(japanese) 東武伊勢崎線「草加」駅 南西方 約1.9km(道路距離) 「上柳島」バス停留所 近接
Reference(japanese) 日暮里・舎人ライナー 見沼代親水公園駅 北東方 1.59km 東武伊勢崎線 谷塚駅 北西方 1.77km

Property data

Type Apartment building Property number 1
Building number 柳島町525-1-49
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 2F part 62.21m2 Actual -
Layout 3LDK バルコニーYes Balcony Yes
Service fee etc. 18,690 Land right Ownership
Occupant debtor・owner Year/month built 1983/07
Floor 2F / 11 Total units 284

Numerical data

Cap rate 8.7% Area 62㎡
Gross yield 12.0% Base bid price 8,360,000yen
Lease demand 22 / 25pt Minimum bid price 6,688,000yen
Ratio of years passed
to depreciable years
85% Earnest money deposit 1,672,000yen

Court data

Case number 2023(M)94 Announced 2024/03/26
Court Saitama District Court (Koshigaya) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/24
Sale decision 2024/05/15 Special sale 2024/04/30 ~ 2024/05/10

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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 8360000yen in court auction is the same as buying the asset out of court auction at 7780000yen(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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