For SaleCondominium

New Site Mansion Adachi

Kohoku 3-chome, Adachi-ku, Tokyo
  • Top floor
Asking Price
¥12,500,000
Est. Net Yield: 5.73%
New Site Mansion Adachi - 1/7
1 / 7

Executive Summary

This is a 3-story steel-framed apartment building constructed in March 1981, located in Kohoku 3-chome, Adachi-ku, Tokyo. It is situated a 15-minute walk from Kohoku Station on the Nippori-Toneri Liner, with access also available to Nishiarai Station on the Tobu Isesaki and Daishi Lines (14 minutes by bus, 7-minute walk from the bus stop) and Kita-Senju Station on the Tokyo Metro Hibiya Line (24 minutes by bus, 3-minute walk from the bus stop). The unit is a 3LDK layout on the 3rd floor, with a floor area of 63 sqm and a balcony area of 5.04 sqm. Facilities include city gas, an indoor washing machine space, security cameras, and free bicycle parking. The land rights are ownership, and the zoning is Category I Residential Zone. Surrounding amenities include a convenience store (310 m, 4-minute walk), commercial facilities (504 m, 7-minute walk), and medical facilities (810 m, 11-minute walk). The property is currently tenanted and available for immediate handover as an owner-change property on the condition of taking over the existing lease contract. The seller is exempt from liability for non-conformity of the contract.

Property Details

Building Area
63.0 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
Steel
Built Year
1981
Floors
Floor 3 of 3
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,000,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Immediately

Land & legal restrictions

Site area (whole building)
625.0 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Parking
None

Building management

Management type
Partly outsourced
Building manager
不在
Management company
毎日興業株式会社
Total units
15 units

Utilities & nearby

Gas
City gas
To elementary school
about 896 m
To junior high school
about 921 m

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

Location & Map

Investment Analysis

Gross Yield7.99%
Est. Net Yield5.73%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
7.99%
Est. Net Yield
5.73%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥12,690,000+¥720,000¥900,0006.7%-0.3%
2yr¥12,880,000+¥1,430,000¥1,810,00013.5%3.3%
3yr¥13,070,000+¥2,150,000¥2,720,00020.2%4.5%
4yr¥13,270,000+¥2,870,000¥3,630,00027%5%
5yr¥13,470,000+¥3,580,000¥4,550,00033.8%5.4%
6yr¥13,670,000+¥4,300,000¥5,470,00040.7%5.6%
7yr¥13,870,000+¥5,010,000¥6,390,00047.5%5.7%
8yr¥14,080,000+¥5,730,000¥7,310,00054.4%5.8%
9yr¥14,290,000+¥6,450,000¥8,240,00061.3%5.9%
10yr¥14,510,000+¥7,160,000¥9,170,00068.2%5.9%

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.)
¥938,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥478,500
Real Estate Acquisition Tax (est., rate varies by property type)¥220,000
Registration License Tax (title transfer)¥110,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥120,000

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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