For SaleCondominium

Duo Stage Yokohama Tennocho

Tennocho 1-chome, Hodogaya-ku, Yokohama-shi, Kanagawa
  • Top floor
  • Pets negotiable
Asking Price
¥39,900,000
Est. Net Yield: 3.19%
Duo Stage Yokohama Tennocho - 1/15
1 / 15

Executive Summary

This is Duo Stage Yokohama Tennocho, a 9-story reinforced concrete condominium built in June 2019, located in Tennocho 1-chome, Hodogaya-ku, Yokohama-shi, Kanagawa. Transportation access includes a 3-minute walk to Tennocho Station on the Sagami Railway Main Line, a 5-minute walk to Nishi-Yokohama Station on the same line, and a 12-minute walk to Hodogaya Station on the Shonan-Shinjuku Line. The unit is on the 9th floor, faces northwest, and features a 1LDK layout with a floor area of 36.2 m2 and a balcony area of 7.74 m2. Common facilities include an elevator, auto-lock system, security cameras, and delivery boxes, while the unit is equipped with a system kitchen, bathroom dryer, and reheating function. The land right is ownership, and the zoning is Commercial Zone. The property is currently tenanted, and immediate handover is possible. Nearby facilities include a convenience store at 79 m (a 1-minute walk), a commercial facility at 109 m (a 2-minute walk), and a government office at 1000 m (a 13-minute walk).

Property Details

Building Area
36.2 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
RC
Built Year
2019
Floors
Floor 9 of 9
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,450,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Immediately

Land & legal restrictions

Site area (whole building)
45.3 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Other costs
ファミリーコール24: ¥275 per month
Other costs
町会費: ¥200 per month
Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
日神管財
Owners' association
Yes
Total units
52 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Gross Yield3.64%
Est. Net Yield3.19%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.64%
Est. Net Yield
3.19%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥40,500,000+¥1,270,000¥1,870,0004.4%-2%
2yr¥41,110,000+¥2,540,000¥3,750,0008.8%1.2%
3yr¥41,720,000+¥3,820,000¥5,640,00013.2%2.3%
4yr¥42,350,000+¥5,090,000¥7,540,00017.7%2.8%
5yr¥42,980,000+¥6,360,000¥9,450,00022.2%3.1%
6yr¥43,630,000+¥7,630,000¥11,360,00026.6%3.3%
7yr¥44,280,000+¥8,910,000¥13,290,00031.2%3.5%
8yr¥44,950,000+¥10,180,000¥15,230,00035.7%3.6%
9yr¥45,620,000+¥11,450,000¥17,170,00040.3%3.7%
10yr¥46,310,000+¥12,720,000¥19,130,00044.9%3.7%

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.)
¥2,742,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,382,700
Real Estate Acquisition Tax (est., rate varies by property type)¥710,000
Registration License Tax (title transfer)¥350,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥290,000

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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