For SaleCondominium

Castle Tokiwadai

Maeno-cho 5-chome, Itabashi-ku, Tokyo
  • Top floor
Asking Price
¥14,800,000
Est. Net Yield: 4.42%
Castle Tokiwadai - 1/5
1 / 5

Executive Summary

This is Castle Tokiwadai, a 4-story reinforced concrete condominium built in May 1974, located in Maeno-cho 5-chome, Itabashi-ku, Tokyo. Transportation access includes a 15-minute walk from Shimura-sanchome Station on the Toei Mita Line, a 15-minute walk from Shimura-sakaue Station on the same line, and a 19-minute walk from Tokiwadai Station on the Tobu Tojo Line. The unit is a 3DK located on the 4th floor, with a floor area of 48.6㎡ and a balcony area of 5.4㎡. The management system is self-managed (unattended). Land rights are ownership, and the zoning is designated as Category I Medium-to-High-Rise Residential Zone. The property is currently tenanted, and handover is upon consultation.

Property Details

Building Area
48.6 ㎡
Layout
3DK
3 bedrooms + dining kitchen
Structure
RC
Built Year
1974
Floors
Floor 4 of 4
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥900,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Building management

Management type
Self-managed
Building manager
不在

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

Location & Map

Investment Analysis

Gross Yield6.08%
Est. Net Yield4.42%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
6.08%
Est. Net Yield
4.42%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥15,020,000+¥650,000¥880,0005.5%-1.3%
2yr¥15,250,000+¥1,310,000¥1,760,00011.1%2.1%
3yr¥15,480,000+¥1,960,000¥2,640,00016.6%3.3%
4yr¥15,710,000+¥2,620,000¥3,520,00022.2%3.9%
5yr¥15,940,000+¥3,270,000¥4,410,00027.8%4.2%
6yr¥16,180,000+¥3,920,000¥5,310,00033.4%4.4%
7yr¥16,430,000+¥4,580,000¥6,200,00039.1%4.5%
8yr¥16,670,000+¥5,230,000¥7,100,00044.7%4.6%
9yr¥16,920,000+¥5,890,000¥8,010,00050.4%4.7%
10yr¥17,180,000+¥6,540,000¥8,920,00056.1%4.8%

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.)
¥1,084,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥554,400
Real Estate Acquisition Tax (est., rate varies by property type)¥260,000
Registration License Tax (title transfer)¥130,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥130,000

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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