For SaleCondominium

ZOOM Kawasaki Second

Ogawa-cho, Kawasaki-ku, Kawasaki-shi, Kanagawa
  • Corner unit
Asking Price
¥27,800,000
Est. Net Yield: 3.61%
ZOOM Kawasaki Second - 1/1
1 / 1

Executive Summary

This is a 14-story reinforced concrete (RC) condominium building built in June 2015, located in Ogawa-cho, Kawasaki-ku, Kawasaki-shi, Kanagawa. Transportation access is a 10-minute walk from Kawasaki Station on the Tokaido Main Line and the Keihin-Tohoku/Negishi Line. The subject unit is a corner unit located on the 4th floor, with a 1R layout having a floor area of 23.4 m² and a balcony area of 4.09 m². It features designer specifications with two-sided lighting, and main facilities include an auto-lock system, security cameras, an elevator, delivery boxes, a separate bath and toilet, and a bathroom dryer. The land rights are ownership, and the zoning is Commercial Zone. The property is currently tenanted, and handover timing is negotiable. Nearby facilities include a supermarket 47 m away (a 1-minute walk), a convenience store 172 m away (a 3-minute walk), and a medical facility 252 m away (a 4-minute walk).

Property Details

Building Area
23.4 ㎡
Layout
1R
Studio
Structure
RC
Built Year
2015
Floors
Floor 4 of 14
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,120,000
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

Site area (whole building)
390.8 ㎡
Land rights
Freehold
Zoning
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
73 units

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

Est. Gross Yield4.04%
Est. Net Yield3.61%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.04%
Est. Net Yield
3.61%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥28,220,000+¥1,000,000¥1,420,0004.8%-1.8%
2yr¥28,640,000+¥2,010,000¥2,850,0009.6%1.5%
3yr¥29,070,000+¥3,010,000¥4,280,00014.4%2.6%
4yr¥29,510,000+¥4,020,000¥5,720,00019.2%3.2%
5yr¥29,950,000+¥5,020,000¥7,170,00024.1%3.5%
6yr¥30,400,000+¥6,030,000¥8,620,00029%3.7%
7yr¥30,850,000+¥7,030,000¥10,080,00033.9%3.8%
8yr¥31,320,000+¥8,040,000¥11,550,00038.8%3.9%
9yr¥31,790,000+¥9,040,000¥13,030,00043.8%4%
10yr¥32,260,000+¥10,040,000¥14,510,00048.7%4.1%

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.)
¥1,963,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥983,400
Real Estate Acquisition Tax (est., rate varies by property type)¥500,000
Registration License Tax (title transfer)¥250,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥220,000

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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