printout House: Akiruno, Tokyo

Asset type
House
Yield
27.5%
Rank
★★★☆☆
Bid period ended

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Base bid price 3,320,000yen You could bid above 2,656,000yen
Bid period ended

Results

Court classification House Sale price 6,010,600yen
Bid opening Sale Number of bidders 11
Winner qualification Individual

Location

Location Akiruno, Tokyo
Traffic access on report(japanese) JR五日市線「秋川」駅 北方 道路距離 約2km 最寄バス停 JR青梅線「福生」駅方面行き 徒歩約3分 最寄バス停 JR五日市線「秋川」駅方面行き 徒歩約9分
Reference(japanese) JR五日市線 武蔵引田駅 北東方 1.96km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 166.70m2 Actual area -
Zoning Preserved Usage -
Building to land ratio 40% Floor area ratio 80%
Type Building Property number 2
Building number 255-13
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 54.65m2,2F 25.67m2 Actual -
Layout 1F:LDK,Wash room,Bath,Restroometc. 2F:洋Roometc. Land right Ownership
Occupant debtor・owner Year/month built 2001/10

Numerical data

Cap rate 27.5% Area 80㎡
Gross yield 37.8% Base bid price 3,320,000yen
Lease demand 16 / 25pt Minimum bid price 2,656,000yen
Ratio of years passed
to depreciable years
100% Earnest money deposit 664,000yen

Court data

Case number 2023(M)184 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 3320000yen in court auction is the same as buying the asset out of court auction at 3090000yen(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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