printout House: Setagaya, Tokyo

Asset type
House
Yield
5.0%
Rank
★☆☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 49,470,000yen You could bid above 39,576,000yen
Bid period ended

Results

Court classification House Sale price 91,800,002yen
Bid opening Sale Number of bidders 14
Winner qualification Corporation

Location

Location Setagaya, Tokyo
Traffic access on report(japanese) 東急田園都市線「二子玉川」駅 北西方 約720m(道路距離・徒歩約9分) 東急大井町線「二子玉川」駅 北西方 約720m(道路距離・徒歩約9分)
Reference(japanese) 東急田園都市線 二子新地駅 北方 1.02km 東急大井町線 二子新地駅 北方 1.02km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 81.65m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 40% Floor area ratio 200%
Type Building Property number 2
Building number 151-31
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed3story building Actual -
Registered floor area 1F 35.22m2,2F 36.84m2,3F 33.25m2 Actual -
Layout 1K+3LDK(玄関・Hall way・Bathetc.は共通) Land right Ownership
Occupant debtor・owner Year/month built 1999/02

Numerical data

Cap rate 5.0% Area 105㎡
Gross yield 6.9% Base bid price 49,470,000yen
Lease demand 24 / 25pt Minimum bid price 39,576,000yen
Ratio of years passed
to depreciable years
113% Earnest money deposit 9,894,000yen

Court data

Case number 2023(M)398 Announced 2024/03/27
Court Tokyo District Court (Main) Start of viewing 2024/03/27
Sale type Sealed bid auction (1 times) Bid period 2024/04/11 ~ 2024/04/18
Farm land - Result 2024/04/24
Sale decision 2024/05/07 Special sale 2024/04/25 ~ 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 49470000yen in court auction is the same as buying the asset out of court auction at 46020000yen(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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