For SaleCondominium

Denen Castle Shimura (Shimura-sakaue)

Shimura 1-chome, Itabashi-ku, Tokyo
  • Pets negotiable
Asking Price
¥23,800,000
Est. Net Yield: 3.74%
Denen Castle Shimura (Shimura-sakaue) - 1/1
1 / 1

Executive Summary

This reinforced concrete (RC) 6-story condominium, built in August 1981, is located in Shimura 1-chome, Itabashi-ku, Tokyo. Transportation access includes a 7-minute walk from Shimura-sakaue Station on the Toei Mita Line and an 8-minute walk from Shimura-sanchome Station on the same line. The unit is located on the 4th floor, featuring a floor area of 35.6 m2 and a balcony area of 2.35 m2 with a southwest-facing 1LDK layout. Major equipment and facilities include an elevator, a system kitchen, a reheating function, a bathroom dryer, and air conditioning, with a new renovation completed in September 2026. The land rights are ownership, and the zoning is Category I Residential Zone. The property is currently vacant, and delivery is immediate.

Property Details

Building Area
35.6 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
RC
Built Year
1981
Floors
Floor 4 of 6
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,160,000
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
Category 1 residential zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
38 units

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

Location & Map

Investment Analysis

Est. Gross Yield4.88%
Est. Net Yield3.74%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.88%
Est. Net Yield
3.74%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥24,160,000+¥890,000¥1,250,0004.9%-1.7%
2yr¥24,520,000+¥1,780,000¥2,500,0009.8%1.6%
3yr¥24,890,000+¥2,670,000¥3,760,00014.8%2.7%
4yr¥25,260,000+¥3,560,000¥5,020,00019.7%3.3%
5yr¥25,640,000+¥4,450,000¥6,290,00024.7%3.6%
6yr¥26,020,000+¥5,340,000¥7,570,00029.7%3.8%
7yr¥26,410,000+¥6,230,000¥8,850,00034.7%4%
8yr¥26,810,000+¥7,120,000¥10,130,00039.8%4.1%
9yr¥27,210,000+¥8,010,000¥11,430,00044.8%4.1%
10yr¥27,620,000+¥8,910,000¥12,730,00049.9%4.2%

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.)
¥1,681,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥851,400
Real Estate Acquisition Tax (est., rate varies by property type)¥420,000
Registration License Tax (title transfer)¥210,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥190,000

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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