For SaleDetached House

Samotocho 3-chome Detached House

Sakamotocho 3-chome, Yokosuka-shi, Kanagawa
Asking Price
¥6,900,000
Gross Yield: 10.43%
Samotocho 3-chome Detached House - 1/12
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Executive Summary

This is a 2-story wooden detached house built in January 1956, located in Sakamotocho 3-chome, Yokosuka-shi, Kanagawa. It is situated a 19-minute walk from Shioiri Station on the Keikyu Main Line. The building area is 56.1 sqm with a 4K layout, and it is equipped with propane gas, public water supply, and public sewerage. The land area is 43.85 sqm based on the public register, with ownership rights, flat terrain, and is in a Category I Medium-and-High-Rise Residential Zone (building-to-land ratio: 60%, floor area ratio: 200%). It borders a 2.6m-wide private road on the east side and a road on the west side, with setback required. It is currently rented out, and handover is negotiable. Nearby facilities include a post office (130m, 2-minute walk), a bank (214m, 3-minute walk), a convenience store (280m, 4-minute walk), and commercial facilities (283m, 4-minute walk). A portion of the building encroaches onto land owned by Yokosuka City.

Property Details

Building Area
56.1 ㎡
Layout
4K
4 bedrooms + kitchen
Structure
Wood
Built Year
1956
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥720,000
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

Land area
43.9 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 1 mid/high-rise residential zone
Building coverage / floor area ratio
60% / 200%
Road access
East side Private road 2.6 m wide 6.4 m frontage / West side
Setback
Required · 4.3 ㎡
Terrain
Flat

Costs besides the price

Parking
None

Utilities & nearby

Gas
Propane gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 597 m
To junior high school
about 536 m

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

Location & Map

Investment Analysis

Gross Yield10.43%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
10.43%
Est. Net Yield
8.87%

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¥7,000,000+¥610,000¥720,0009.5%1.5%
2yr¥7,110,000+¥1,220,000¥1,430,00019.1%5.6%
3yr¥7,220,000+¥1,840,000¥2,150,00028.7%7%
4yr¥7,320,000+¥2,450,000¥2,870,00038.3%7.6%
5yr¥7,430,000+¥3,060,000¥3,590,00047.9%8%
6yr¥7,540,000+¥3,670,000¥4,320,00057.5%8.2%
7yr¥7,660,000+¥4,280,000¥5,040,00067.2%8.4%
8yr¥7,770,000+¥4,900,000¥5,770,00076.9%8.5%
9yr¥7,890,000+¥5,510,000¥6,500,00086.6%8.6%
10yr¥8,010,000+¥6,120,000¥7,230,00096.3%8.6%

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.)
¥605,000
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.)¥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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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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