For SaleCondominium

Baron Heights Otsuka

Kitaotsuka 2-chome, Toshima-ku, Tokyo
Asking Price
¥35,800,000
Est. Net Yield: 4.53%
Baron Heights Otsuka - 1/9
1 / 9

Executive Summary

This 3rd-floor unit is in Baron Heights Otsuka, a 9-story reinforced concrete condominium building located in Kitaotsuka 2-chome, Toshima-ku, Tokyo. It was built in March 1978. Transportation access is a 3-minute walk to Otsuka Station on the Yamanote Line. The floor area is 42㎡, the balcony area is 7㎡, and the layout is a 2DK corner unit. It features double balconies and office use is permitted. Land rights are ownership. The unit is currently vacant, and handover is negotiable. Surrounding facilities include a convenience store 134m away (a 2-minute walk) and a commercial facility 214m away (a 3-minute walk).

Property Details

Building Area
42.0 ㎡
Layout
2DK
2 bedrooms + dining kitchen
Structure
RC
Built Year
1978
Floors
Floor 3 of 9
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,830,000
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

Building management

Management type
Partly outsourced
Building manager
不在
Management company
(株)トレード

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

Location & Map

Investment Analysis

Est. Gross Yield5.12%
Est. Net Yield4.53%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.12%
Est. Net Yield
4.53%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥36,340,000+¥1,620,000¥2,160,0005.6%-0.9%
2yr¥36,880,000+¥3,250,000¥4,330,00011.3%2.4%
3yr¥37,440,000+¥4,870,000¥6,510,00017%3.5%
4yr¥38,000,000+¥6,490,000¥8,690,00022.7%4.1%
5yr¥38,570,000+¥8,120,000¥10,880,00028.4%4.4%
6yr¥39,150,000+¥9,740,000¥13,090,00034.2%4.6%
7yr¥39,730,000+¥11,360,000¥15,300,00040%4.7%
8yr¥40,330,000+¥12,990,000¥17,520,00045.7%4.8%
9yr¥40,930,000+¥14,610,000¥19,740,00051.6%4.9%
10yr¥41,550,000+¥16,230,000¥21,980,00057.4%4.9%

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.)
¥2,487,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,247,400
Real Estate Acquisition Tax (est., rate varies by property type)¥640,000
Registration License Tax (title transfer)¥320,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥270,000

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

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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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