For SaleCondominium

Gloria Hatsuho Shonan Mutsuura

Mutsuura 5-chome, Kanazawa-ku, Yokohama-shi, Kanagawa
  • Corner unit
  • Roof balcony
  • Pets negotiable
Asking Price
¥41,800,000
Est. Net Yield: 4.16%
Gloria Hatsuho Shonan Mutsuura - 1/7
1 / 7

Executive Summary

This is a 5th-floor corner unit in "Gloria Hatsuho Shonan Mutsuura," a 10-story steel-framed reinforced concrete (SRC) condominium built in May 1986, located in Mutsuura 5-chome, Kanazawa-ku, Yokohama-shi, Kanagawa. It is situated a 3-minute walk from Mutsuura Station on the Keikyu Zushi Line. The floor area is 143.3 sqm and the balcony area is 16.8 sqm, featuring a 4LDK layout, a roof balcony, and a southeast-facing orientation. The building is equipped with an auto-lock system and an elevator. In September 2024, renovations were completed, including newly installed system kitchen, unit bath, vanity, water heater, and toilet, as well as new flooring and wallpaper. The building conforms to the new earthquake resistance standards. Land rights are ownership, and the zoning is designated as Category I Residential Zone and Category I Low-rise Residential Zone. The current status is vacant, and immediate handover is available.

Property Details

Building Area
143.3 ㎡
Layout
4LDK
4 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1986
Floors
Floor 5 of 10
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,550,000
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

Land rights
Freehold
Zoning
Category 1 residential zone / Category 1 low-rise residential zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
65 units

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

Location & Map

Investment Analysis

Est. Gross Yield6.09%
Est. Net Yield4.16%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.09%
Est. Net Yield
4.16%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥42,430,000+¥1,740,000¥2,370,0005.3%-1.1%
2yr¥43,060,000+¥3,480,000¥4,740,00010.6%2.1%
3yr¥43,710,000+¥5,220,000¥7,130,00016%3.2%
4yr¥44,360,000+¥6,960,000¥9,520,00021.3%3.7%
5yr¥45,030,000+¥8,700,000¥11,930,00026.7%4%
6yr¥45,710,000+¥10,440,000¥14,340,00032.1%4.2%
7yr¥46,390,000+¥12,180,000¥16,770,00037.5%4.4%
8yr¥47,090,000+¥13,920,000¥19,210,00043%4.5%
9yr¥47,790,000+¥15,660,000¥21,650,00048.5%4.5%
10yr¥48,510,000+¥17,400,000¥24,110,00054%4.6%

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.)
¥2,875,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,445,400
Real Estate Acquisition Tax (est., rate varies by property type)¥750,000
Registration License Tax (title transfer)¥370,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥300,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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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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