For SaleDetached HouseAkiya

Tsukahara Pre-owned House

Tsukahara, Minamiashigara-shi, Kanagawa
Asking Price
¥7,200,000
Est. Gross Yield: 10.23%
Tsukahara Pre-owned House - 1/15
1 / 15

Executive Summary

This is a two-story wooden detached house built in April 1975, located in Tsukahara, Minamiashigara-shi, Kanagawa. It is located a 4-minute walk from Tsukahara Station on the Izuhakone Railway Daiyuzan Line. The building area is 69 sqm with a 4K layout, facing south. The land area is 71.04 sqm (official register) with ownership rights, situated on flat terrain in an urbanization promotion area classified as Category I Medium-and-High-Rise Residential Zone, with a building-to-land ratio of 60% and a floor-area ratio of 200%. It borders a 4.2m-wide public road on the south side. The property is currently vacant, and the handover timing is open for consultation. Nearby amenities include a post office (128m, 2-minute walk), commercial facilities (397m, 5-minute walk), a junior high school (499m, 7-minute walk), an elementary school (581m, 8-minute walk), and a kindergarten/nursery school (638m, 8-minute walk).

Property Details

Building Area
69.0 ㎡
Layout
4K
4 bedrooms + kitchen
Structure
Wood
Built Year
1975
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥740,000
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
71.0 ㎡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
South side Public road 4.2 m wide
Private road share
None
Terrain
Flat

Utilities & nearby

To elementary school
about 581 m
To junior high school
about 499 m

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

Location & Map

Investment Analysis

Est. Gross Yield10.23%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
10.23%
Est. Net Yield
8.70%

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¥7,310,000+¥630,000¥730,0009.4%1.5%
2yr¥7,420,000+¥1,250,000¥1,470,00018.8%5.5%
3yr¥7,530,000+¥1,880,000¥2,210,00028.2%6.9%
4yr¥7,640,000+¥2,510,000¥2,950,00037.7%7.5%
5yr¥7,760,000+¥3,130,000¥3,690,00047.2%7.9%
6yr¥7,870,000+¥3,760,000¥4,430,00056.7%8.1%
7yr¥7,990,000+¥4,380,000¥5,170,00066.2%8.3%
8yr¥8,110,000+¥5,010,000¥5,920,00075.8%8.4%
9yr¥8,230,000+¥5,640,000¥6,670,00085.3%8.4%
10yr¥8,360,000+¥6,260,000¥7,420,00094.9%8.5%

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.

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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.

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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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