printout House: Mooka, Tochigi

Asset type
House
Yield
20.9%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 2,221,000yen You could bid above 1,776,800yen
Bid period ended

Results

Court classification House Sale price -
Bid opening No sale Number of bidders -
Winner qualification -

Location

Location Mooka, Tochigi
Traffic access on report(japanese) 真岡鐵道真岡線「真岡」駅 北西方 約2.0km(直線距離)
Reference(japanese) 真岡鐵道真岡線 北真岡駅 西方 2.57km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 14.10m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 115.42m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 40% Floor area ratio 60%
Type Building Property number 3
Building number 36-4
Registered type Residence Actual -
Registered structure WoodenTile・Zinc-coated steel sheetroofed2F building Actual -
Registered floor area 1F 38.09m2,2F 22.35m2 Actual 1F ca.43.47m2
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1979/09

Numerical data

Cap rate 20.9% Area 65㎡
Gross yield 28.7% Base bid price 2,221,000yen
Lease demand 12 / 25pt Minimum bid price 1,776,800yen
Ratio of years passed
to depreciable years
200% Earnest money deposit 444,200yen

Court data

Case number 2023(M)47 Announced -
Court Utsunomiya District Court (Main) Start of viewing 2024/04/17
Sale type Special sale (1 times) Special sale 2024/04/17 ~ 2024/04/19
Farm land - Result -

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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 2221000yen in court auction is the same as buying the asset out of court auction at 2070000yen(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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Others 0,000yen
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