For SaleCondominium

Kamiooka Central Heights

Serigaya 1-chome, Konan-ku, Yokohama-shi, Kanagawa
  • Top floor
Asking Price
¥12,800,000
Est. Net Yield: 7.07%
Kamiooka Central Heights - 1/11
1 / 11

Executive Summary

This is a 5-story reinforced concrete condominium built in March 1983, located in Serigaya 1-chome, Konan-ku, Yokohama-shi, Kanagawa. Transportation is a 13-minute bus ride and a 2-minute walk from Kamiooka Station on the Keikyu Main Line. The unit features a 3LDK layout with a floor area of 75.4 m² and a balcony area of 9.12 m², located on the 5th floor facing southwest. Equipment includes a system kitchen, bath reheating function, and an intercom with a monitor, and renovations of the plumbing areas (kitchen, toilet, washroom, water heater) and interior (flooring, tatami mats, wallpaper in all rooms) were completed in March 2022. Land rights are ownership, and the zoning is Category I Low-rise Residential Zone and Category I Residential Zone. The current status is vacant, allowing for immediate delivery. An elementary school is located 554 m (a 7-minute walk) away.

Property Details

Building Area
75.4 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1983
Floors
Floor 5 of 5
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,130,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 low-rise residential zone / Category 1 residential zone

Costs besides the price

Other costs
組合費: ¥100 per month
Other costs
自治会費: ¥300 per month
Other costs
棟別管理費: ¥300 per month
Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Live-in
Management company
東急コミュニティ
Owners' association
Yes
Total units
38 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 554 m
To junior high school
about 701 m

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

Location & Map

Investment Analysis

Est. Gross Yield8.86%
Est. Net Yield7.07%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
8.86%
Est. Net Yield
7.07%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥12,990,000+¥900,000¥1,100,0008%1%
2yr¥13,190,000+¥1,810,000¥2,200,00016%4.5%
3yr¥13,380,000+¥2,710,000¥3,300,00024%5.7%
4yr¥13,590,000+¥3,620,000¥4,400,00032%6.3%
5yr¥13,790,000+¥4,520,000¥5,510,00040.1%6.6%
6yr¥14,000,000+¥5,430,000¥6,620,00048.1%6.8%
7yr¥14,210,000+¥6,330,000¥7,740,00056.2%7%
8yr¥14,420,000+¥7,240,000¥8,860,00064.4%7%
9yr¥14,640,000+¥8,140,000¥9,980,00072.5%7.1%
10yr¥14,850,000+¥9,050,000¥11,100,00080.7%7.1%

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.)
¥958,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥488,400
Real Estate Acquisition Tax (est., rate varies by property type)¥230,000
Registration License Tax (title transfer)¥110,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥120,000

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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