For SaleCondominium

Park Homes Shonan Chigasaki Kaigan

Shiomidai, Chigasaki-shi, Kanagawa
  • Pets negotiable
Asking Price
¥38,800,000
Est. Net Yield: 4.01%
Park Homes Shonan Chigasaki Kaigan - 1/14
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Executive Summary

This is a 3rd-floor unit in Park Homes Shonan Chigasaki Kaigan, a 5-story reinforced concrete (RC) condominium built in October 2004, located in Shiomidai, Chigasaki-shi, Kanagawa. Construction was by Takenaka Corporation. Access is a 26-minute walk from Tsujido Station on the Shonan-Shinjuku Line (Tokaido Line), and a 10-minute bus ride with a 2-minute walk from Tsujido Station on the Tokaido Main Line. The unit features a 3LDK layout with a floor area of 75 sqm and a balcony area of 12 sqm, equipped with floor heating, a system kitchen with a counter, a bathroom dryer, an auto-lock system, a monitor-equipped intercom, double-lock doors, delivery boxes, and pet-oriented facilities. The land right is ownership. The current status is occupied, handover timing is negotiable, and pets (small dogs) are negotiable. Surrounding facilities include a kindergarten/nursery school 61 m (1-minute walk) away, a convenience store 135 m (2-minute walk) away, commercial facilities 761 m (10-minute walk) away, an elementary school 877 m (11-minute walk) away, and a junior high school 986 m (13-minute walk) away.

Property Details

Building Area
75.0 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2004
Floors
Floor 3 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,950,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
三井不動産レジデンシャル
Owners' association
Yes
Total units
74 units

Utilities & nearby

Gas
City gas
To elementary school
about 877 m
To junior high school
about 986 m

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

Location & Map

Investment Analysis

Est. Gross Yield5.04%
Est. Net Yield4.01%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.04%
Est. Net Yield
4.01%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥39,380,000+¥1,560,000¥2,140,0005.2%-1.3%
2yr¥39,970,000+¥3,110,000¥4,290,00010.3%2%
3yr¥40,570,000+¥4,670,000¥6,440,00015.5%3.1%
4yr¥41,180,000+¥6,230,000¥8,610,00020.8%3.6%
5yr¥41,800,000+¥7,790,000¥10,780,00026%3.9%
6yr¥42,430,000+¥9,340,000¥12,970,00031.3%4.1%
7yr¥43,060,000+¥10,900,000¥15,160,00036.6%4.2%
8yr¥43,710,000+¥12,460,000¥17,360,00041.9%4.3%
9yr¥44,360,000+¥14,010,000¥19,580,00047.2%4.4%
10yr¥45,030,000+¥15,570,000¥21,800,00052.6%4.5%

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.)
¥2,666,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,346,400
Real Estate Acquisition Tax (est., rate varies by property type)¥690,000
Registration License Tax (title transfer)¥340,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥280,000

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

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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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