printout Mansion: Tsurumi, Yokohama, Kanagawa

Asset type
Apartment
Yield
7.1%
Rank
★★☆☆☆
To the bid due5 days left

Property image

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MAP

  • Tsurumi, Yokohama, Kanagawa [Area map]

Property URL

Base bid price 11,310,000yen You can bid above 9,048,000yen
To the bid due 5 days left

Location

Location Tsurumi, Yokohama, Kanagawa
Traffic access on report(japanese) 京浜急行本線「生麦」駅 北方 約1000m(道路距離)
Reference(japanese) 京急本線 花月総持寺駅 西方 0.76km JR鶴見線 国道駅 西方 1.01km JR京浜東北線 鶴見駅 南西方 1.27km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 989.90m2 Actual area -
Zoning High residential Class II Usage -
Building to land ratio 60% Floor area ratio 150%
Share 100000分-3434
Type Apartment building Property number 2
Building number 岸谷三丁目1663-2-39
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 4F part 59.84m2 Actual -
Layout 3LDK Balcony 4.37m2
Service fee etc. 33,346 Land right Ownership
Occupant debtor・owner Year/month built 1977/08
Floor 4F Total units 39

Numerical data

Cap rate 7.1% Area 59㎡
Gross yield 9.8% Base bid price 11,310,000yen
Lease demand 22 / 25pt Minimum bid price 9,048,000yen
Ratio of years passed
to depreciable years
97% Earnest money deposit 2,262,000yen

Court data

Case number 2023(M)221 Announced 2024/03/28
Court Yokohama District Court (Main) Start of viewing 2024/03/28
Sale type Sealed bid auction (1 times) Bid period 2024/05/07 ~ 2024/05/14
Farm land - Result 2024/05/21
Sale decision 2024/06/03 Special sale 2024/05/27 ~ 2024/05/27
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!Notice for foreigner!
  1. All the properties posted to this website arereal estate sold based on the Japanese law, and the point of contact for it is the court.
  2. The court dose not involve in the availabilit, state, and hand over the property. Therefore, please keep in mind that it would be impossible the trading without the agent.
  3. If the propery's base bid price is low there is possibility that the bid target could be a part of sheres of coownership or there is amount of administrative expenses delinquent (the highest bidder should pay for it) . So that most of case that the highest bidder can not use the property even if he/she purchase it or the large coste may occur with additional. Therefore we do not support the auction the base bidding price is under 1,000,000yen.
  4. The estimated purchase price is approximate 15 to 20% off market price in urban area. In case of suburb or resort are, the purchase price could be at less than half the market price.
  5. Those who do not have a certificate of residence in Japan, it may take more than a month to prepare it.
  6. Those who do not have a bank account in Japan's financial institution can not basically participate in bidding. Or you can use the Agent's account by paying a extra fee.
  7. It is extremely difficult for foreigners to use loans. If you have a certificate of residence in Japan, you can use it, however please take responsibility at your own risk.

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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 11310000yen in court auction is the same as buying the asset out of court auction at 10520000yen(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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