printout House: Edogawa, Tokyo

Asset type
House
Yield
6.8%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 16,430,000yen You could bid above 13,144,000yen
Bid period ended

Results

Court classification House Sale price 16,980,000yen
Bid opening Sale Number of bidders 4
Winner qualification Corporation

Location

Location Edogawa, Tokyo
Traffic access on report(japanese) 都営地下鉄新宿線「船堀」駅 南方 約930m(徒歩約12分,道路距離)
Reference(japanese) 東京メトロ東西線 西葛西駅 北方 1.33km 都営新宿線 東大島駅 南東方 1.96km

Property data

Type Land Property number 1
Registered category Residential land Actual category Residential-road
Registered area 85.78m2 Actual area -
Zoning High residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Building Property number 2
Building number 1245-25-2
Registered type Residence Actual -
Registered structure WoodenSlate-roofedroofed2F building Actual -
Registered floor area 1F 32.29m2,2F 28.98m2 Actual -
Layout 3DK Land right Ownership
Occupant Yes Year/month built 2002/03

Numerical data

Cap rate 6.8% Area 61㎡
Gross yield 9.4% Base bid price 16,430,000yen
Lease demand 24 / 25pt Minimum bid price 13,144,000yen
Ratio of years passed
to depreciable years
100% Earnest money deposit 3,286,000yen

Court data

Case number 2023(M)496 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 16430000yen in court auction is the same as buying the asset out of court auction at 15280000yen(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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