printout Mansion: Ota, Tokyo

Asset type
Apartment
Yield
5.8%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 7,290,000yen You could bid above 5,832,000yen
Bid period ended

Results

Court classification Apartment Sale price 12,248,779yen
Bid opening Sale Number of bidders 11
Winner qualification Corporation

Location

Location Ota, Tokyo
Name of building アイディ西馬込 same apartment.
Traffic access on report(japanese) 都営浅草線「西馬込」駅 南西方 約450m(道路距離,徒歩約6分)
Reference(japanese) 都営浅草線 馬込駅 南西方 1.49km 東急池上線 池上駅 北方 1.53km

Property data

Type Apartment building Property number 1
Building number 仲池上二丁目495-1-102
Registered type Residence Actual -
Registered structure Steelconcrete2F building Actual -
Registered area with B1F部分 21.31m2,1F part 2.64m2 Actual -
Layout 1K Balcony Yes
Service fee etc. 12,200 Land right Ownership
Occupant Yes Year/month built 2007/06
Floor with B1F、1F Total units 22

Numerical data

Cap rate 5.8% Area 23㎡
Gross yield 8.0% Base bid price 7,290,000yen
Lease demand 25 / 25pt Minimum bid price 5,832,000yen
Ratio of years passed
to depreciable years
34% Earnest money deposit 1,458,000yen

Court data

Case number 2023(M)597 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 7290000yen in court auction is the same as buying the asset out of court auction at 6780000yen(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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