For SaleCondominium

Funabashi Village

Asahicho 6-chome, Funabashi-shi, Chiba
Asking Price
¥26,500,000
Est. Net Yield: 2.65%
Funabashi Village - 1/15
1 / 15

Executive Summary

Funabashi Village, located in Asahicho 6-chome, Funabashi-shi, Chiba, is an 11-story reinforced concrete (RC) condominium built in March 1986. Transportation access is a 6-minute walk from Tsukada Station on the Tobu Railway Noda Line and a 24-minute walk from Shin-Funabashi Station on the same line. The unit on the 8th floor is a south-facing 3LDK layout featuring a floor area of 68.3 sqm and a balcony area of 14.9 sqm. It is equipped with amenities such as a system kitchen, bathroom dryer, and an intercom with a monitor, with renovations of the plumbing/wet areas and full interior completed in May 2026. The land rights are ownership, and the zoning is Category I Residential Zone. The property is currently vacant, and handover is negotiable. Surrounding facilities include a convenience store 436 m away (6-minute walk), a park 493 m away (7-minute walk), and a kindergarten/nursery school 562 m away (8-minute walk), with Asahi Park and Nagatsugawa Fureai Square nearby.

Property Details

Building Area
68.3 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1986
Floors
Floor 8 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,110,000
Transport
  • Tsukada Station
    Tobu Urban Park Line
    Walk 6 min
  • Shin-Funabashi Station
    Tobu Urban Park Line
    Walk 24 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Other costs
熱供給施設使用料: ¥644 per month
Other costs
EP保守点検業務費: ¥880 per month
Other costs
下水道料: ¥1,518 per month
Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
(株)東急コミュニティー
Owners' association
Yes
Total units
212 units

Utilities & nearby

Gas
City gas

Please confirm the details in the explanation of important matters before purchase.

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Expected hazards nearby

Flood (maximum expected scale)
Not within a published hazard areaFlooding from rivers without a published assessment, and flooding caused by overwhelmed drainage, is not included.
Storm surge
Not within a published hazard area
Tsunami
Not within a published hazard area
Landslide
Not within a published hazard area
Liquefaction
Unlikely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

Past disaster records

Record of a flooded area
10/1981 (within the recorded area)Source document: 昭和56年10月22日~23日台風24号による千葉県水害報告書(千葉県)

This covers past disaster records published by national and local governments. Not finding a record does not mean that no disaster occurred.

Designated hazard zones

Steep slope failure hazard zone / Landslide prevention zone / Disaster hazard zone / Large-scale fill land
Not included in the published zones

This covers designated zones and maps published by national and local governments. Building and other restrictions may apply inside a zone. Please confirm the details with the municipality and in the explanation of important matters.

City planning

Urbanization zoning
Urbanization promotion area (designated for urban development)
Zoning (use district)
Category I residential zone
Floor area ratio · Building coverage ratio
Floor area ratio 200% · Building coverage ratio 60%

Because the position is approximate, this may differ from the designation of the lot itself. Please confirm the actual designation in the explanation of important matters.

Surroundings

塚田 (東武鉄道)
About 17,397 passengers per day (FY2023)About 280 m in a straight line
新船橋 (東武鉄道)
About 13,355 passengers per day (FY2023)About 1,380 m in a straight line
Nearest elementary school
船橋市立塚田小学校About 650 m in a straight line
Nearest junior high school
船橋市立旭中学校About 1,360 m in a straight line
Nearest high school
千葉県立船橋啓明高等学校About 920 m in a straight line
Nurseries and kindergartens
Within 500 m: 2 / within 1 km: 11
Clinics
Within 500 m: 5

Distances are straight-line distances from the property's location, not walking times. Passenger figures are the combined daily boardings and alightings published by the railway operator (annual average). Names of stations, schools and facilities are shown in Japanese.

Population outlook nearby

2025 (estimate)
about 824 people
2050 (estimate)
about 719 people (-12.8% vs 2025)
Share aged 65 and over
32.2% → 36% (2025 → 2050)

Data for a grid cell of about 250 m, based on estimates by the Ministry of Land, Infrastructure, Transport and Tourism (starting from the 2020 census). Because the cell is small, it can differ from actual numbers and does not represent the trend of the whole municipality.

Nearby land prices

Residential land · about 442 m
¥183,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+4.6% vs last year)
Residential land · about 649 m
¥194,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+2.6% vs last year)
Residential land · about 692 m
¥185,000/㎡Prefectural land price survey · 7/1/2026 (+3.9% vs last year)

Prices of representative lots selected by the national or prefectural government. They do not indicate the price or value of this property.

Nearby transactions

Overview (2025 Q1 – 2026 Q1)
11 records · median ¥293,333 per ㎡ (middle half: ¥259,341 – ¥395,513)Records for Asahicho 6-chome, Funabashi-shi (used condominiums etc.)

Recent records with a similar floor area

2026 Q1
¥21,000,000・70 ㎡・3LDK・built 1995Contract price information
2026 Q1
¥14,000,000・70 ㎡・3LDK・built 1986Contract price information
2025 Q3
¥17,000,000・65 ㎡・2LDK・built 1986Transaction price information (survey-based)
2025 Q3
¥20,000,000・65 ㎡・3LDK・built 1986Transaction price information (survey-based)
2025 Q3
¥18,000,000・70 ㎡・3LDK・built 1986Contract price information

Records of actual transactions published by the Ministry of Land, Infrastructure, Transport and Tourism. They do not reflect individual circumstances such as floor, orientation or condition, and are not an evaluation of this property's price.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/14/2026

Location & Map

Investment Analysis

Est. Gross Yield4.19%
Est. Net Yield2.65%

Calculated from an estimated rent. Actual rent may differ.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.19%
Est. Net Yield
2.65%
If sold after 10 years (before tax)
Annual return (IRR)
1.7%
Net gain
+¥4,690,000
Gain on total investment +16.5%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥26,500,000+¥750,000¥-2,060,000-7.3%-7.3%
2yr¥26,500,000+¥1,500,000¥-1,310,000-4.6%-2.4%
3yr¥26,500,000+¥2,250,000¥-560,000-2.0%-0.7%
4yr¥26,500,000+¥3,000,000+¥190,000+0.7%0.2%
5yr¥26,500,000+¥3,750,000+¥940,000+3.3%0.7%
6yr¥26,500,000+¥4,500,000+¥1,690,000+6.0%1.0%
7yr¥26,500,000+¥5,250,000+¥2,440,000+8.6%1.3%
8yr¥26,500,000+¥6,000,000+¥3,190,000+11.3%1.5%
9yr¥26,500,000+¥6,750,000+¥3,940,000+13.9%1.6%
10yr¥26,500,000+¥7,500,000+¥4,690,000+16.5%1.7%

Assumptions

  • Total investment ¥28,360,500 (price ¥26,500,000 + purchase costs ¥1,860,500)
  • Management fee and repair reserve: ¥299,760 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥1,860,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥940,500
Real Estate Acquisition Tax (est., rate varies by property type)¥470,000
Registration License Tax (title transfer)¥230,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥210,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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