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Property information

House: Joetsu, Niigata

Asset type
House
Yield
70% or more
Rank
★★☆☆☆
Bid deadline is 2026/01/20

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Base bid price 680,000yen
You can bid above 544,000yen

Location

Location Joetsu, Niigata
Traffic access on report(japanese) 妙高はねうまライン「高田」駅 北東方 約2.0km 
Reference(japanese) 妙高はねうまライン 南高田駅 北東方 2.92km

Property data

Type Building
Property number 1
Address 上越市東本町四丁目字直江町 2番地1、2番地2、2番地3
Building number 2-1
Registered type Residence
Actual
Registered structure WoodenZinc-coated steel sheetroofed2story building
Actual
Registered floor area 1F 63.99m2,2F 55.77m2
Actual 1F ca.79m2,2F ca.61m2
Layout 6DK
Land right Ownership
Occupant debtor・owner
Year/month built
Type Land
Property number 2
Address 上越市東本町四丁目字直江町 1番1
Building number
Registered category Residential land
Actual category
Registered area 11.79m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land(Farm) Not for saleYes
Property number 3
Address 上越市東本町四丁目字直江町 1番2
Building number
Registered category Farm
Actual category Residential land
Registered area 14m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 4
Address 上越市東本町四丁目字直江町 2番1
Building number
Registered category Residential land
Actual category
Registered area 84.86m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land Not for saleYes
Property number 5
Address 上越市東本町四丁目字直江町 2番2
Building number
Registered category Residential land
Actual category
Registered area 63.23m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land(Farm) Not for saleYes
Property number 6
Address 上越市東本町四丁目字直江町 2番3
Building number
Registered category Farm
Actual category Residential land
Registered area 59m2
Actual area
Zoning Residential Class I
Usage
Building to land ratio 60%
Floor area ratio 200%

Numerical data

Base bid price 680,000yen Area 140㎡
Cap rate 70% or more
Gross yield 96% or more
Lease demand 5 / 25pt Minimum bid price 544,000yen
Ratio of years passed
to depreciable years
150% Earnest money deposit 136,000yen

Court data

Case number 2024(M)8 Result 2026/01/22
Court Niigata District Court(Takada) Start of viewing 2025/11/10
Sale type Sealed bid auction (2 times) Bid period 2026/01/13 ~ 2026/01/20
Sale decision 2026/02/05 Special sale 2026/01/26 ~ 2026/01/28
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Analysis data

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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 680000yen in court auction is the same as buying the asset out of court auction at 630000yen(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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