For SaleCondominiumAkiya

Lions Mansion Totsuka Dai 8

Fukaya-cho, Totsuka-ku, Yokohama-shi, Kanagawa
  • Renovated 2008 (interior)
  • Corner unit
Asking Price
¥9,800,000
Lions Mansion Totsuka Dai 8 - 1/15
1 / 15

Executive Summary

This is a 3rd-floor unit in Lions Mansion Totsuka Dai 8, a 4-story reinforced concrete condominium built in September 1983 and located in Fukaya-cho, Totsuka-ku, Yokohama-shi, Kanagawa. It is situated a 13-minute bus ride plus a 4-minute walk from the bus stop from Totsuka Station on the Tokaido Main Line. The unit features a floor area of 53 m², a balcony area of 6.97 m², and a 2LDK corner layout with no building in front and 3-sided natural lighting. The property is all-electric and equipped with a system kitchen with an IH cooking heater, a bidet toilet seat, a bath reheating function, and a monitor-equipped auto-lock system. Renovations of water-related areas and interiors were completed in March 2008. The land rights are ownership, and the zoning is Quasi-residential Zone. The property is currently vacant, delivery timing is negotiable, and office use and pet rearing are not permitted. Nearby amenities include a convenience store (249 m, 4-minute walk), commercial facilities (306 m, 4-minute walk), and a medical facility (646 m, 9-minute walk).

Property Details

Building Area
53.0 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1983
Floors
Floor 3 of 4
Earthquake Std.
To be confirmed
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
Quasi-residential zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
21 units

Utilities & nearby

Gas
City gas

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
5.00%
Est. Net Yield
4.25%

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¥9,950,000+¥420,000¥560,0005.3%-1.8%
2yr¥10,100,000+¥830,000¥1,130,00010.7%1.8%
3yr¥10,250,000+¥1,250,000¥1,700,00016.1%3%
4yr¥10,400,000+¥1,670,000¥2,270,00021.5%3.6%
5yr¥10,560,000+¥2,080,000¥2,840,00026.9%4%
6yr¥10,720,000+¥2,500,000¥3,410,00032.4%4.2%
7yr¥10,880,000+¥2,920,000¥3,990,00037.8%4.3%
8yr¥11,040,000+¥3,330,000¥4,570,00043.3%4.4%
9yr¥11,210,000+¥3,750,000¥5,150,00048.8%4.5%
10yr¥11,370,000+¥4,160,000¥5,740,00054.4%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.)
¥754,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥389,400
Real Estate Acquisition Tax (est., rate varies by property type)¥170,000
Registration License Tax (title transfer)¥80,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥110,000

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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