No Longer ListedCondominium

Lumine Honkomagome

Honkomagome 1-chome, Bunkyo-ku, Tokyo
Asking Price
¥99,800,000
Est. Net Yield: 3.43%

No Longer Listed

This property is no longer listed and is not currently available. The details remain here for reference.

Lumine Honkomagome - 1/1
1 / 1

Executive Summary

Lumine Honkomagome is an 11-story steel-framed reinforced concrete (SRC) condominium built in July 1997, located in Honkomagome 1-chome, Bunkyo-ku, Tokyo. Transportation access includes a 1-minute walk from Honkomagome Station on the Tokyo Metro Namboku Line, a 5-minute walk from Hakusan Station on the Toei Mita Line, and a 10-minute walk from Todaimae Station on the Tokyo Metro Namboku Line. The unit on the 3rd floor features a floor area of 78.2 sqm with a 2SLDK layout and has three-sided lighting. Major equipment and features include floor heating, a dishwasher, an enclosed kitchen, a bath reheating function, a monitor-equipped intercom, an elevator, and a delivery locker. Land rights are ownership, and the zoning is Commercial Zone. Current status is vacant, and handover timing is open for consultation. Nearby facilities include commercial facilities at 68 m (1-minute walk), restaurants at 121 m (2-minute walk), a bank at 142 m (2-minute walk), and a convenience store at 197 m (3-minute walk).

Property Details

Building Area
78.2 ㎡
Layout
2SLDK
2 bedrooms + storage room + living, dining & kitchen
Structure
SRC
Built Year
1997
Floors
Floor 3 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥4,020,000
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

Site area (whole building)
362.0 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Other costs
町内会費: ¥200 per month

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
東急コミュニティ株式会社
Total units
24 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.02%
Est. Net Yield3.43%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.02%
Est. Net Yield
3.43%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥101,300,000+¥3,420,000¥4,920,0004.6%-1.7%
2yr¥102,820,000+¥6,840,000¥9,860,0009.3%1.5%
3yr¥104,360,000+¥10,260,000¥14,820,00013.9%2.6%
4yr¥105,920,000+¥13,690,000¥19,810,00018.6%3.1%
5yr¥107,510,000+¥17,110,000¥24,820,00023.3%3.4%
6yr¥109,130,000+¥20,530,000¥29,850,00028%3.6%
7yr¥110,760,000+¥23,950,000¥34,910,00032.8%3.7%
8yr¥112,420,000+¥27,370,000¥39,990,00037.5%3.8%
9yr¥114,110,000+¥30,790,000¥45,100,00042.3%3.9%
10yr¥115,820,000+¥34,210,000¥50,230,00047.2%3.9%

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.)
¥6,719,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥3,359,400
Real Estate Acquisition Tax (est., rate varies by property type)¥1,790,000
Registration License Tax (title transfer)¥890,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥650,000

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

You can view the properties we currently offer in our listings. We are also glad to suggest similar opportunities.