printout Mansion: Minami, Yokohama, Kanagawa

Asset type
Apartment
Yield
5.7%
Rank
★☆☆☆☆
Bid period ended

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Base bid price 6,836,000yen You could bid above 5,468,800yen
Bid period ended

Results

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

Location

Location Minami, Yokohama, Kanagawa
Traffic access on report(japanese) 京浜急行線「弘明寺」駅 北西方 約1.9km(道路距離) 京浜急行線「井土ケ谷」駅 南西方 約2.4km(道路距離) 「南永田中央」バス停 約3分
Reference(japanese) 横浜市高速鉄道1号線・3号線 弘明寺駅 北西方 1.78km JR湘南新宿ライン 保土ケ谷駅 南西方 2.40km JR横須賀線 保土ケ谷駅 南西方 2.40km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 27647.36m2 Actual area -
Zoning High residential Class II Usage -
Building to land ratio 60% Floor area ratio 150%
Share 5992973分-6117
Type Apartment building Property number 2
Building number 永Rice fieldみなみ台861-6-171
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 9F part 56.92m2 Actual -
Layout 2LDK Balcony ca.3.6m2
Service fee etc. 20,300 Land right Ownership
Occupant debtor・owner Year/month built 1974/03
Floor 9F Total units 195
Type Land Share sale Property number 3
Registered category Residential land Actual category -
Registered area 22110.25m2 Actual area -
Zoning High residential Class II Usage -
Building to land ratio 60% Floor area ratio 150%
Share 5992973分-6117
Type Building Share sale Property number 4
Building number 861-8-583
Registered type Conference hall Office Actual -
Registered structure SteelconcreteFlat-roofedOne-story Actual -
Registered floor area 216.61m2 Actual -
Layout Others Land right Ownership・Others
Occupant Yes Year/month built 1974/07

Numerical data

Cap rate 5.7% Area 56㎡
Gross yield 7.8% Base bid price 6,836,000yen
Lease demand 22 / 25pt Minimum bid price 5,468,800yen
Ratio of years passed
to depreciable years
105% Earnest money deposit 1,367,200yen

Court data

Case number 2022(O)207 Announced -
Court Yokohama District Court (Main) Start of viewing 2024/04/17
Sale type Special sale (2 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 6836000yen in court auction is the same as buying the asset out of court auction at 6360000yen(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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