For SaleCondominium

Lions Mansion Kikuna Dai 3

Kitaterao 7-chome, Tsurumi-ku, Yokohama-shi, Kanagawa
Asking Price
¥21,000,000
Est. Net Yield: 5.01%
Lions Mansion Kikuna Dai 3 - 1/13
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Executive Summary

This is a 2nd-floor unit of Lions Mansion Kikuna Dai 3, a 5-story reinforced concrete (RC) condominium built in December 1989, located in Kitaterao 7-chome, Tsurumi-ku, Yokohama-shi, Kanagawa. In terms of transportation, it is located a 15-minute walk from Kikuna Station on the Tokyu Toyoko Line and Yokohama Line, and a 20-minute bus ride plus a 1-minute walk from Tsurumi Station on the Keihin-Tohoku/Negishi Line. The unit is a west-facing 2LDK layout with a floor area of 51.8 sqm and a balcony area of 5.58 sqm. Features and equipment include an auto-lock system with monitor, an independent kitchen, an air conditioner, closets, and a shoes-in closet. The land right is ownership, and the zoning is Category I Residential Zone. The current status is vacant, and the handover timing is negotiable.

Property Details

Building Area
51.8 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1989
Floors
Floor 2 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,420,000
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 rights
Freehold
Zoning
Category 1 residential zone

Building management

Management type
Fully outsourced
Building manager
Visiting

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield6.75%
Est. Net Yield5.01%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.75%
Est. Net Yield
5.01%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥21,320,000+¥1,050,000¥1,370,0006.1%-0.6%
2yr¥21,630,000+¥2,100,000¥2,740,00012.2%2.8%
3yr¥21,960,000+¥3,150,000¥4,110,00018.3%3.9%
4yr¥22,290,000+¥4,200,000¥5,490,00024.4%4.5%
5yr¥22,620,000+¥5,260,000¥6,880,00030.6%4.8%
6yr¥22,960,000+¥6,310,000¥8,270,00036.8%5%
7yr¥23,310,000+¥7,360,000¥9,660,00043%5.1%
8yr¥23,660,000+¥8,410,000¥11,070,00049.2%5.2%
9yr¥24,010,000+¥9,460,000¥12,470,00055.4%5.3%
10yr¥24,370,000+¥10,510,000¥13,880,00061.7%5.3%

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.)
¥1,499,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥759,000
Real Estate Acquisition Tax (est., rate varies by property type)¥370,000
Registration License Tax (title transfer)¥180,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥180,000

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.

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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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