For SaleCondominium

Vera Heights Hodogaya

Katabiracho 1-chome, Hodogaya-ku, Yokohama-shi, Kanagawa
Asking Price
¥28,800,000
Est. Net Yield: 3.87%
Vera Heights Hodogaya - 1/6
1 / 6

Executive Summary

This is a 5-story reinforced concrete (RC) condominium built in August 1985, located in Katabiracho 1-chome, Hodogaya-ku, Yokohama-shi, Kanagawa. It is a 3-minute walk from Hodogaya Station on the Yokosuka Line. The unit is a 2DK located on the 2nd floor with a floor area of 42.1㎡ and a balcony area of 3.05㎡, facing southwest with lighting from two sides. Features include an elevator, separate bath and toilet, washbasin, 3-burner stove, washing machine space, and closet. Land rights are ownership, and the zoning is Neighborhood Commercial Zone. The property is currently vacant, and handover is negotiable. Surrounding facilities include a bank (148m, 2-minute walk), drugstore (157m, 2-minute walk), convenience store (192m, 3-minute walk), supermarket (207m, 3-minute walk), and post office (319m, 4-minute walk).

Property Details

Building Area
42.1 ㎡
Layout
2DK
2 bedrooms + dining kitchen
Structure
RC
Built Year
1985
Floors
Floor 2 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,300,000
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
Neighborhood commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
44 units

Utilities & nearby

To elementary school
about 946 m
To junior high school
about 848 m

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

Location & Map

Investment Analysis

Est. Gross Yield4.53%
Est. Net Yield3.87%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.53%
Est. Net Yield
3.87%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥29,230,000+¥1,110,000¥1,550,0005%-1.5%
2yr¥29,670,000+¥2,230,000¥3,100,00010.1%1.8%
3yr¥30,120,000+¥3,340,000¥4,660,00015.1%2.9%
4yr¥30,570,000+¥4,460,000¥6,220,00020.2%3.4%
5yr¥31,030,000+¥5,570,000¥7,800,00025.3%3.7%
6yr¥31,490,000+¥6,690,000¥9,380,00030.4%4%
7yr¥31,960,000+¥7,800,000¥10,960,00035.6%4.1%
8yr¥32,440,000+¥8,910,000¥12,560,00040.8%4.2%
9yr¥32,930,000+¥10,030,000¥14,160,00046%4.3%
10yr¥33,420,000+¥11,140,000¥15,770,00051.2%4.3%

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.)
¥2,006,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,016,400
Real Estate Acquisition Tax (est., rate varies by property type)¥510,000
Registration License Tax (title transfer)¥250,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥220,000

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

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

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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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