For SaleCondominium

Altif Gardens Kawasaki

Tsukagoshi 4-chome, Saiwai-ku, Kawasaki-shi, Kanagawa Prefecture
  • Top floor
  • 10th floor or higher
Asking Price
¥62,980,000
Est. Net Yield: 3.28%
Altif Gardens Kawasaki - 1/4
1 / 4

Executive Summary

This is a unit in "Altif Gardens Kawasaki," a 14-story SRC condominium built in January 1999, located in Tsukagoshi 4-chome, Saiwai-ku, Kawasaki-shi, Kanagawa Prefecture. Transportation is an 8-minute walk from Yako Station on the Nambu Line. The subject unit is located on the 14th floor, featuring a floor area of 75.8 sqm, a balcony area of 4.78 sqm, and a 3LDK layout. The total number of units is 89, and the management format is fully outsourced with a day-shift manager. Land rights are ownership, and the zoning is Industrial Zone. The current status is vacant, and handover is negotiable.

Property Details

Building Area
75.8 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1999
Floors
Floor 14 of 14
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,400,000
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

Land rights
Freehold
Zoning
Industrial zone

Costs besides the price

Other costs
CATV使用料: ¥220 per month
Other costs
緑化維持費: ¥1,210 per month

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
89 units

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

Location & Map

Investment Analysis

Est. Gross Yield3.81%
Est. Net Yield3.28%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
3.81%
Est. Net Yield
3.28%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥63,920,000+¥2,070,000¥3,010,0004.5%-1.9%
2yr¥64,880,000+¥4,130,000¥6,040,0009%1.3%
3yr¥65,860,000+¥6,200,000¥9,080,00013.5%2.4%
4yr¥66,840,000+¥8,270,000¥12,130,00018%2.9%
5yr¥67,850,000+¥10,340,000¥15,200,00022.6%3.2%
6yr¥68,870,000+¥12,400,000¥18,290,00027.2%3.4%
7yr¥69,900,000+¥14,470,000¥21,390,00031.8%3.6%
8yr¥70,950,000+¥16,540,000¥24,510,00036.4%3.7%
9yr¥72,010,000+¥18,610,000¥27,640,00041.1%3.7%
10yr¥73,090,000+¥20,670,000¥30,790,00045.8%3.8%

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.)
¥4,284,340
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,144,340
Real Estate Acquisition Tax (est., rate varies by property type)¥1,130,000
Registration License Tax (title transfer)¥560,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥420,000

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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