For SaleCondominium

Square City Tsurumi Felcouleur

Ushioda-cho 1-chome, Tsurumi-ku, Yokohama-shi, Kanagawa
  • Pets negotiable
Asking Price
¥22,400,000
Est. Net Yield: 4.43%
Square City Tsurumi Felcouleur - 1/1
1 / 1

Executive Summary

This is Square City Tsurumi Felcouleur, a 5-story reinforced concrete (RC) condominium built in August 2017, located in Ushioda-cho 1-chome, Tsurumi-ku, Yokohama-shi, Kanagawa. Transportation access includes a 9-minute walk from Keikyu Tsurumi Station on the Keikyu Main Line, an 11-minute walk from Kokudo Station on the Tsurumi Line, and a 13-minute walk from Tsurumi Station on the Keihin-Tohoku and Negishi Line. The unit is located on the 1st floor with a 1K layout, featuring a floor area of 22.3 sqm, a balcony area of 3.33 sqm, and a northeast-facing orientation. Facilities include an auto-lock system, monitor intercom, security cameras, delivery lockers, an elevator, bathroom dryer, bidet toilet seat, 2-burner stove, and air conditioner. Land rights are ownership, and the zoning is Category I Residential Zone. The property is currently tenanted, and the handover timing is open for consultation.

Property Details

Building Area
22.3 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
2017
Floors
Floor 1 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,070,000
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)
646.9 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社クレアスコミュニティー
Total units
41 units

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

Location & Map

Investment Analysis

Est. Gross Yield4.76%
Est. Net Yield4.43%

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
4.76%
Est. Net Yield
4.43%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥22,740,000+¥990,000¥1,330,0005.5%-1.1%
2yr¥23,080,000+¥1,980,000¥2,660,00011.1%2.2%
3yr¥23,420,000+¥2,980,000¥4,000,00016.7%3.4%
4yr¥23,770,000+¥3,970,000¥5,340,00022.3%3.9%
5yr¥24,130,000+¥4,960,000¥6,690,00027.9%4.2%
6yr¥24,490,000+¥5,950,000¥8,050,00033.5%4.4%
7yr¥24,860,000+¥6,940,000¥9,400,00039.2%4.6%
8yr¥25,230,000+¥7,940,000¥10,770,00044.9%4.7%
9yr¥25,610,000+¥8,930,000¥12,140,00050.6%4.8%
10yr¥26,000,000+¥9,920,000¥13,520,00056.3%4.8%

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.)
¥1,595,200
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥805,200
Real Estate Acquisition Tax (est., rate varies by property type)¥400,000
Registration License Tax (title transfer)¥200,000
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.

Book from open times

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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