printout House: Chichibu, Saitama

Asset type
House
Yield
27.4%
Rank
★★☆☆☆
Bid period ended

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Base bid price 4,460,000yen You could bid above 3,568,000yen
Bid period ended

Results

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

Location

Location Chichibu, Saitama
Traffic access on report(japanese) 秩父鉄道「秩父」駅 北東方 約1km(道路距離)
Reference(japanese) 秩父鉄道秩父本線 大野原駅 南方 1.46km 西武秩父線 西武秩父駅 北方 1.87km

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 182.78m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Land Property number 2
Registered category Residential land Actual category Public road
Registered area 6.66m2 Actual area -
Zoning Residential Class I Usage -
Building to land ratio 60% Floor area ratio 200%
Type Building Property number 3
Building number 4858-16
Registered type Warehouse Actual -
Registered structure Wood・Lightsteel structuredZinc-coated steel sheet roofed2F building Actual -
Registered floor area 1F 128.05m2,2F 26.49m2 Actual -
Layout Others Land right Ownership
Occupant debtor・owner Year/month built 1977/07

Numerical data

Cap rate 27.4% Area 154㎡
Gross yield 37.7% Base bid price 4,460,000yen
Lease demand 8 / 25pt Minimum bid price 3,568,000yen
Ratio of years passed
to depreciable years
184% Earnest money deposit 892,000yen

Court data

Case number 2023(M)43 Announced -
Court Saitama District Court (Kumagaya) Start of viewing 2024/04/18
Sale type Special sale (2 times) Special sale 2024/04/22 ~ 2024/04/26
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 4460000yen in court auction is the same as buying the asset out of court auction at 4150000yen(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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