For SaleCondominium

Maison de Fiere

Shimotsuruma, Yamato-shi, Kanagawa
Asking Price
¥3,800,000
Est. Net Yield: 7.2%
Maison de Fiere - 1/3
1 / 3

Executive Summary

This property is Maison de Fiere, a reinforced concrete (RC) 4-story condominium apartment built in November 1990, located in Shimotsuruma, Yamato-shi, Kanagawa. It is located a 9-minute walk from Minami-Rinkan Station on the Odakyu Enoshima Line. Out of 31 total units, this 1R unit is situated on the 1st floor with a floor area of 16.4 m2 and a balcony area of 3.37 m2, equipped with an auto-lock system, air conditioner, indoor washing machine space, and an IH cooking heater. The land right is ownership, and the zoning is Category I Residential Zone. The property is currently tenanted, and handover timing is negotiable.

Property Details

Building Area
16.4 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1990
Floors
Floor 1 of 4
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥420,000
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

Site area (whole building)
363.8 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社プレストサービス
Owners' association
Yes
Total units
31 units

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

Location & Map

Investment Analysis

Est. Gross Yield11.07%
Est. Net Yield7.2%

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
11.07%
Est. Net Yield
7.20%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥3,860,000+¥270,000¥330,0007.7%-3.7%
2yr¥3,910,000+¥550,000¥660,00015.4%2%
3yr¥3,970,000+¥820,000¥990,00023.2%4%
4yr¥4,030,000+¥1,090,000¥1,330,00030.9%5%
5yr¥4,090,000+¥1,370,000¥1,660,00038.7%5.6%
6yr¥4,160,000+¥1,640,000¥2,000,00046.5%5.9%
7yr¥4,220,000+¥1,910,000¥2,330,00054.4%6.2%
8yr¥4,280,000+¥2,190,000¥2,670,00062.2%6.4%
9yr¥4,340,000+¥2,460,000¥3,010,00070.1%6.5%
10yr¥4,410,000+¥2,740,000¥3,350,00078%6.6%

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.)
¥491,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥60,000
Registration License Tax (title transfer)¥30,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

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.

Apply online

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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