For SaleCondominium

Nova Asakusa

Asakusa 4-chome, Taito-ku, Tokyo
Asking Price
¥22,800,000
Est. Net Yield: 3.61%
Nova Asakusa - 1/9
1 / 9

Executive Summary

Nova Asakusa is a 15-story SRC condominium built in September 1991, located in Asakusa 4-chome, Taito-ku, Tokyo. Transportation access is a 7-minute walk from Asakusa Station on the Tsukuba Express and a 9-minute walk from Iriya Station on the Tokyo Metro Hibiya Line. The unit is an east-facing 1R located on the 4th floor, with a floor area of 27㎡ and a balcony area of 3.5㎡. Renovations were completed in Heisei 28, and it is equipped with an auto-lock system, an elevator, separate bathroom and toilet, a two-burner stove, and an indoor washing machine space. Land rights are ownership, and the zoning is Quasi-Industrial Zone. The property is currently tenanted, and handover is negotiable.

Property Details

Building Area
27.0 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1991
Floors
Floor 4 of 15
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥970,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
386.2 ㎡
Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
ユニオンシティサービス株式会社
Owners' association
Yes
Total units
102 units

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

Location & Map

Investment Analysis

Est. Gross Yield4.26%
Est. Net Yield3.61%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.26%
Est. Net Yield
3.61%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥23,140,000+¥820,000¥1,160,0004.8%-1.9%
2yr¥23,490,000+¥1,650,000¥2,340,0009.6%1.5%
3yr¥23,840,000+¥2,470,000¥3,510,00014.4%2.6%
4yr¥24,200,000+¥3,290,000¥4,690,00019.2%3.2%
5yr¥24,560,000+¥4,110,000¥5,880,00024.1%3.5%
6yr¥24,930,000+¥4,940,000¥7,070,00028.9%3.7%
7yr¥25,300,000+¥5,760,000¥8,270,00033.8%3.8%
8yr¥25,680,000+¥6,580,000¥9,470,00038.8%3.9%
9yr¥26,070,000+¥7,410,000¥10,680,00043.7%4%
10yr¥26,460,000+¥8,230,000¥11,890,00048.7%4.1%

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.)
¥1,618,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥818,400
Real Estate Acquisition Tax (est., rate varies by property type)¥410,000
Registration License Tax (title transfer)¥200,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥180,000

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

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Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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