For SaleCondominiumAkiya

Nishigaya Danchi

Noshichiri 1-chome, Sakae-ku, Yokohama-shi, Kanagawa
  • Corner unit
Asking Price
¥8,500,000
Nishigaya Danchi - 1/1
1 / 1

Executive Summary

This property is located on the 1st floor of Nishigaya Danchi, a 5-story above-ground steel-framed apartment building constructed in March 1974, situated in Noshichiri 1-chome, Sakae-ku, Yokohama-shi, Kanagawa. Transportation access is a 15-minute bus ride from Konandai Station on the Negishi Line, followed by a 1-minute walk from the bus stop. The unit is a corner unit with a floor area of 57.6 sqm, a balcony area of 9.66 sqm, and a 2LDK layout. Interior renovations completed in March 2023 include flooring installation and changing the layout from 4K to 2LDK. Features include a separate bath and toilet, a system kitchen, and city gas. Land rights are ownership, and the zoning is designated as Category II Residential Zone. The building is situated on elevated ground, is currently vacant, and is available for immediate handover.

Property Details

Building Area
57.6 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
Steel
Built Year
1974
Floors
Floor 1 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)
90.3 ㎡
Land rights
Freehold
Zoning
Category 2 residential zone

Costs besides the price

Parking
敷地内

Building management

Management type
Fully outsourced
Building manager
Daytime
Owners' association
Yes

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer

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
5.06%
Est. Net Yield
4.30%

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¥8,630,000+¥370,000¥490,0005.4%-1.9%
2yr¥8,760,000+¥730,000¥990,00010.8%1.7%
3yr¥8,890,000+¥1,100,000¥1,480,00016.2%3%
4yr¥9,020,000+¥1,460,000¥1,980,00021.6%3.6%
5yr¥9,160,000+¥1,830,000¥2,480,00027.1%4%
6yr¥9,290,000+¥2,190,000¥2,990,00032.6%4.2%
7yr¥9,430,000+¥2,560,000¥3,490,00038.1%4.3%
8yr¥9,580,000+¥2,920,000¥4,000,00043.6%4.5%
9yr¥9,720,000+¥3,290,000¥4,510,00049.2%4.5%
10yr¥9,860,000+¥3,660,000¥5,020,00054.7%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.)
¥671,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥346,500
Real Estate Acquisition Tax (est., rate varies by property type)¥150,000
Registration License Tax (title transfer)¥70,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

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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