For SaleDetached House

Higashiasakawa

Higashiasakawa-machi, Hachioji-shi, Tokyo
Asking Price
¥8,500,000
Est. Gross Yield: 13.86%
Higashiasakawa - 1/14
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Executive Summary

This is a 2-story wooden detached house built in April 1956, located in Higashiasakawa-machi, Hachioji-shi, Tokyo. It is situated a 13-minute walk from Takao Station on the Chuo Main Line. The building area is 103.7 sqm, with a 6DK layout and south-facing openings. There is no parking. The registered land area is 170.14 sqm under freehold ownership, located in an urbanization promotion area designated as Category I Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is currently tenanted, and the handover timing is open for discussion.

Property Details

Building Area
103.7 ㎡
Layout
6DK
6 bedrooms + dining kitchen
Structure
Wood
Built Year
1956
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,180,000
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 area
170.1 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 1 residential zone
Building coverage / floor area ratio
60% / 200%
Private road share
None

Costs besides the price

Parking
None

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

Location & Map

Investment Analysis

Est. Gross Yield13.86%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
13.86%
Est. Net Yield
11.78%

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥8,630,000+¥1,000,000¥1,130,00012.3%5%
2yr¥8,760,000+¥2,000,000¥2,260,00024.6%8.8%
3yr¥8,890,000+¥3,000,000¥3,390,00037%10%
4yr¥9,020,000+¥4,010,000¥4,530,00049.4%10.6%
5yr¥9,160,000+¥5,010,000¥5,670,00061.8%10.9%
6yr¥9,290,000+¥6,010,000¥6,800,00074.2%11.1%
7yr¥9,430,000+¥7,010,000¥7,950,00086.6%11.2%
8yr¥9,580,000+¥8,010,000¥9,090,00099.1%11.3%
9yr¥9,720,000+¥9,010,000¥10,230,000111.6%11.3%
10yr¥9,860,000+¥10,020,000¥11,380,000124.1%11.4%

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.)
¥671,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥346,500
Real Estate Acquisition Tax (est., rate varies by property type)¥150,000
Registration License Tax (title transfer)¥70,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

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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