printout Land: Akiruno, Tokyo

Asset type
Land
Yield
-
Rank
★★★☆☆
Bid period ended

Property image

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Property URL

Base bid price 2,880,000yen You could bid above 2,304,000yen
Bid period ended

Results

Court classification Land Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Akiruno, Tokyo
Traffic access on report(japanese) JR五日市線「秋川」駅 略南方 約2.3km(徒歩約29分) 最寄バス停 徒歩約9分
Reference(japanese) JR五日市線 東秋留駅 南西方 2.14km

Property data

Type Land Property number 1
Registered category Forest Actual category Other land
Registered area 219m2 Actual area -
Zoning Low residential Class II Usage vacant lot
Building to land ratio 50% Floor area ratio 100%

Numerical data

Cap rate - Area 219㎡
Gross yield - Base bid price 2,880,000yen
Lease demand 15 / 25pt Minimum bid price 2,304,000yen
Ratio of years passed
to depreciable years
0% Earnest money deposit 576,000yen

Court data

Case number 2023(M)180 Announced 2024/03/26
Court Tokyo District Court (Tachikawa) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/23
Sale decision 2024/05/10 Special sale 2024/04/24 ~ 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 2880000yen in court auction is the same as buying the asset out of court auction at 2680000yen(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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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Projected yield %