For SaleCondominiumAkiya

Atsugi Moridai Heights Building 8

Moridai 1-chome, Atsugi-shi, Kanagawa
  • Top floor
Asking Price
¥7,000,000
Atsugi Moridai Heights Building 8 - 1/15
1 / 15

Executive Summary

This property is Atsugi Moridai Heights Building 8, a 5-story reinforced concrete condominium built in February 1980, located in Moridai 1-chome, Atsugi-shi, Kanagawa. Transportation access is a 14-minute bus ride and a 3-minute walk from Hon-Atsugi Station on the Odakyu Odawara Line. The residence is a south-facing 3LDK located on the 5th floor, featuring a floor area of 73.6 sqm and a balcony area of 10.81 sqm. It is situated on elevated ground with no building in front. The building has no elevator. Equipped with city gas, a bath reheating function, and a warm-water bidet toilet seat, renovations on the bathroom and water heater were completed in March 2022. The land rights are ownership, and the zoning is Category I Medium-and-high-rise Residential Zone. The property is currently vacant and available for immediate handover. The grounds include a park, parking space, bicycle parking, and motorcycle parking. Pets are not allowed, and the seller is exempt from liability for non-conformity of contract and equipment repair obligations.

Property Details

Building Area
73.6 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1980
Floors
Floor 5 of 5
Earthquake Std.
Old Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Site area (whole building)
37,131.2 ㎡
Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Partly outsourced
Building manager
不在
Management company
)かながわ土地建物保全協会
Owners' association
Yes

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
4.25%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

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¥7,100,000+¥300,000¥400,0005.3%-2.8%
2yr¥7,210,000+¥600,000¥810,00010.6%1.3%
3yr¥7,320,000+¥890,000¥1,210,00015.9%2.6%
4yr¥7,430,000+¥1,190,000¥1,620,00021.3%3.3%
5yr¥7,540,000+¥1,490,000¥2,030,00026.6%3.7%
6yr¥7,650,000+¥1,790,000¥2,440,00032%4%
7yr¥7,770,000+¥2,080,000¥2,850,00037.4%4.2%
8yr¥7,890,000+¥2,380,000¥3,270,00042.9%4.3%
9yr¥8,000,000+¥2,680,000¥3,680,00048.3%4.4%
10yr¥8,120,000+¥2,980,000¥4,100,00053.8%4.5%

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.)
¥615,000
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)¥120,000
Registration License Tax (title transfer)¥60,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

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.

Book from open times

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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