printout House: Aoba, Yokohama, Kanagawa

Asset type
House
Yield
22.0%
Rank
★★★☆☆
Bid period ended

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Base bid price 11,540,000yen You could bid above 9,232,000yen
Bid period ended

Results

Court classification House Sale price 9,282,000yen
Bid opening Sale Number of bidders -
Winner qualification Individual

Location

Location Aoba, Yokohama, Kanagawa
Traffic access on report(japanese) 東急田園都市線「長津田」駅 北西方 約1.5km(道路距離) JR横浜線「長津田」駅 北西方 約1.5km(道路距離) 「上和田」バス停 徒歩約2分
Reference(japanese) 「あかね台入口」バス停 徒歩約5分

Property data

Type Building Property number 1
Building number 1164-2
Registered type Residence Actual -
Registered structure Tiled roofed wooden 2 storey structure Actual -
Registered floor area 1F 111.95m2,2F 20.70m2 Actual 1F ca.113.60m2,2F ca. 44.30m2
Layout 8DK+Storage Land right Ownership
Occupant debtor・owner Year/month built 1966/07
Type Land Property number 2
Registered category Residential land Actual category -
Registered area 218.18m2 Actual area ca.400m2
Zoning Preserved Usage -
Building to land ratio 50% Floor area ratio 80%

Numerical data

Cap rate 22.0% Area 157㎡
Gross yield 30.3% Base bid price 11,540,000yen
Lease demand 22 / 25pt Minimum bid price 9,232,000yen
Ratio of years passed
to depreciable years
259% Earnest money deposit 2,308,000yen

Court data

Case number 2023(O)125 Announced -
Court Yokohama District Court (Main) Start of viewing 2024/04/17
Sale type Special sale (1 times) Special sale 2024/04/22 ~ 2024/04/22
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 11540000yen in court auction is the same as buying the asset out of court auction at 10730000yen(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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