For SaleCondominium

Futaba Crown Heights (Tobu-Nerima)

Kitamachi 5-chome, Nerima-ku, Tokyo
  • Corner unit
Asking Price
¥19,800,000
Est. Net Yield: 5.5%
Futaba Crown Heights (Tobu-Nerima) - 1/1
1 / 1

Executive Summary

This is a 9-story steel-framed reinforced concrete (SRC) apartment building built in March 1974, located in Kitamachi 5-chome, Nerima-ku, Tokyo. Transportation access includes a 12-minute walk from Tobu-Nerima Station on the Tobu Tojo Line and a 16-minute walk from Heiwadai Station on the Tokyo Metro Yurakucho Line. The unit is a corner room situated on the 4th floor facing northeast, featuring a floor area of 41.4 sqm, a balcony area of 3.5 sqm, and a 1LDK layout. Building and unit facilities include an elevator, a system kitchen, a bath reheating function, a bathroom dryer, a bidet toilet seat, an air conditioner, and lighting fixtures. The land right is ownership, and the zoning is designated as a quasi-industrial zone. The current status is vacant, and handover is available immediately.

Property Details

Building Area
41.4 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
SRC
Built Year
1974
Floors
Floor 4 of 9
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,340,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
35 units

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

Location & Map

Investment Analysis

Est. Gross Yield6.76%
Est. Net Yield5.5%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.76%
Est. Net Yield
5.50%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥20,100,000+¥1,090,000¥1,390,0006.5%-0.2%
2yr¥20,400,000+¥2,180,000¥2,780,00013.1%3.2%
3yr¥20,700,000+¥3,270,000¥4,170,00019.7%4.4%
4yr¥21,010,000+¥4,360,000¥5,570,00026.3%4.9%
5yr¥21,330,000+¥5,450,000¥6,980,00032.9%5.2%
6yr¥21,650,000+¥6,540,000¥8,390,00039.5%5.4%
7yr¥21,970,000+¥7,620,000¥9,800,00046.2%5.6%
8yr¥22,300,000+¥8,710,000¥11,220,00052.9%5.7%
9yr¥22,640,000+¥9,800,000¥12,640,00059.6%5.7%
10yr¥22,980,000+¥10,890,000¥14,070,00066.3%5.8%

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.)
¥1,419,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥719,400
Real Estate Acquisition Tax (est., rate varies by property type)¥350,000
Registration License Tax (title transfer)¥170,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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

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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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