For SaleCondominium

Hikarigaoka Park Town Icho-dori Higashi Daini Danchi

Hikarigaoka 3-chome, Nerima-ku, Tokyo
  • Corner unit
Asking Price
¥97,500,000
Est. Net Yield: 2.33%
Hikarigaoka Park Town Icho-dori Higashi Daini Danchi - 1/20
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Executive Summary

This is a 6-story reinforced concrete apartment building built in March 1990, located in Hikarigaoka 3-chome, Nerima-ku, Tokyo. Transportation access is a 3-minute walk from Hikarigaoka Station on the Toei Oedo Line. Out of 249 total units, the subject property is a south-facing corner unit on the 3rd floor, offering a 4LDK layout with a floor area of 97.7 m² and a balcony area of 18.79 m². Key facilities include a system kitchen, dishwasher/dryer, bathroom dryer, reheating function, warm-water bidet toilet seat, and elevator, with interior and water-related renovations completed in November 2025. The land rights are ownership, and the zoning is Category I Medium-and-High-Rise Residential Zone. The current status is vacant, and handover timing is negotiable. In the surrounding area, there is an elementary school 100 m away (2-minute walk), a kindergarten/nursery 150 m away (2-minute walk), a convenience store 240 m away (3-minute walk), a junior high school 400 m away (5-minute walk), commercial facilities 500 m away (7-minute walk), and medical facilities 700 m away (9-minute walk).

Property Details

Building Area
97.7 ㎡
Layout
4LDK
4 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1990
Floors
Floor 3 of 6
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,630,000
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 mid/high-rise residential zone

Costs besides the price

Parking
14000~18000円/月

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
249 units

Utilities & nearby

Gas
City gas
To elementary school
about 100 m
To junior high school
about 400 m

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

Location & Map

Investment Analysis

Est. Gross Yield2.7%
Est. Net Yield2.33%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
2.70%
Est. Net Yield
2.33%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥98,960,000+¥2,270,000¥3,730,0003.6%-2.7%
2yr¥100,450,000+¥4,540,000¥7,490,0007.2%0.4%
3yr¥101,950,000+¥6,810,000¥11,260,00010.8%1.5%
4yr¥103,480,000+¥9,080,000¥15,060,00014.5%2%
5yr¥105,040,000+¥11,350,000¥18,880,00018.1%2.4%
6yr¥106,610,000+¥13,620,000¥22,730,00021.8%2.6%
7yr¥108,210,000+¥15,880,000¥26,590,00025.6%2.7%
8yr¥109,830,000+¥18,150,000¥30,490,00029.3%2.8%
9yr¥111,480,000+¥20,420,000¥34,400,00033.1%2.9%
10yr¥113,150,000+¥22,690,000¥38,340,00036.8%2.9%

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.)
¥6,573,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥3,283,500
Real Estate Acquisition Tax (est., rate varies by property type)¥1,750,000
Registration License Tax (title transfer)¥870,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥640,000

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

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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.

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