For SaleDetached HouseAkiya

Green Hill Ota Tei

Tsukahara, Minamiashigara-shi, Kanagawa
Asking Price
¥5,000,000
Est. Gross Yield: 20.64%
Green Hill Ota Tei - 1/15
1 / 15

Executive Summary

Located in Tsukahara, Minamiashigara-shi, Kanagawa, "Green Hill Ota Tei" is a 1-story wooden single-family house built in November 1976. It is located a 27-minute walk from Tsukahara Station on the Izuhakone Daiyuzan Line. The building area is 87.8 sqm, with a south-facing 2LDK layout. The land area is 524.31 sqm (official register) under freehold ownership, situated on elevated ground, in an urbanization control area (non-designated zone), with a building-to-land ratio of 30% and a floor area ratio of 60%. Road access fronts a 12m-wide public road on the south side. The property is currently vacant, and handover is negotiable. Please note that repairs are required for both interior and exterior equipment, and the seller is exempt from liability for contractual non-conformity.

Property Details

Building Area
87.8 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
Wood
Built Year
1976
Floors
1 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,030,000
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 area
524.3 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
調整区域
Zoning
No zoning designated
Building coverage / floor area ratio
30% / 60%
Road access
South side Public road 12 m wide
Terrain
Elevated

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

Location & Map

Investment Analysis

Est. Gross Yield20.64%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
20.64%
Est. Net Yield
17.54%

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¥5,070,000+¥880,000¥950,00017.2%7.2%
2yr¥5,150,000+¥1,750,000¥1,910,00034.3%12.4%
3yr¥5,230,000+¥2,630,000¥2,860,00051.5%14.1%
4yr¥5,310,000+¥3,510,000¥3,820,00068.7%14.9%
5yr¥5,390,000+¥4,390,000¥4,770,00086%15.4%
6yr¥5,470,000+¥5,260,000¥5,730,000103.2%15.6%
7yr¥5,550,000+¥6,140,000¥6,690,000120.5%15.8%
8yr¥5,630,000+¥7,020,000¥7,650,000137.8%15.9%
9yr¥5,720,000+¥7,890,000¥8,610,000155.1%16%
10yr¥5,800,000+¥8,770,000¥9,570,000172.5%16%

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.)
¥551,000
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)¥90,000
Registration License Tax (title transfer)¥40,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥90,000

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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