printout Mansion: Ota, Tokyo

Asset type
Apartment
Yield
3.9%
Rank
★☆☆☆☆
Bid period ended

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Property URL

Base bid price 25,740,000yen You could bid above 20,592,000yen
Bid period ended

Results

Court classification Apartment Sale price 32,410,000yen
Bid opening Sale Number of bidders 16
Winner qualification Corporation

Location

Location Ota, Tokyo
Traffic access on report(japanese) 東急池上線「蓮沼」駅 南方 約150m(道路距離・徒歩約2分) JR京浜東北線「蒲田」駅 北西方 約800m(道路距離・徒歩約10分) 東急池上線「蒲田」駅 北西方 約800m(道路距離・徒歩約10分)
Reference(japanese) 東急多摩川線「蒲田」駅 北西方 約800m(道路距離・徒歩約10分)

Property data

Type Apartment building Property number 1
Building number 東矢口三丁目230-10-99
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 6F part 54.27m2 Actual -
Layout 3LDK Balcony Yes
Service fee etc. 20,700 Land right Ownership
Occupant debtor・owner Year/month built 1982/02
Floor 6F Total units 143
Type Land Share sale Property number 2
Registered category Residential land Actual category -
Registered area 1584.61m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 500%
Share 10000分-80

Numerical data

Cap rate 3.9% Area 54㎡
Gross yield 5.4% Base bid price 25,740,000yen
Lease demand 22 / 25pt Minimum bid price 20,592,000yen
Ratio of years passed
to depreciable years
89% Earnest money deposit 5,148,000yen

Court data

Case number 2023(M)528 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 25740000yen in court auction is the same as buying the asset out of court auction at 23940000yen(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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