For SaleCondominium

Shinyoko Park Mansion

Toriyama-cho, Kohoku-ku, Yokohama-shi, Kanagawa
  • Top floor
Asking Price
¥10,800,000
Est. Net Yield: 6.85%
Shinyoko Park Mansion - 1/10
1 / 10

Executive Summary

This is an RC 3-story apartment building built in November 1981, located in Toriyama-cho, Kohoku-ku, Yokohama-shi, Kanagawa. Transportation access is an 11-minute walk from Kozukue Station on the Yokohama Line and a 20-minute walk from Shin-Yokohama Station on the Yokohama Line. The subject unit is on the 3rd floor, has a floor area of 43.7 m² with a 2LDK layout, and faces southeast. Facilities include city gas, a warm-water bidet toilet seat, a bath reheating function, a 2-burner stove, two or more air conditioners, a monitor intercom, and an indoor washing machine space. Land rights are ownership, and the zoning is Category I Residential Zone. The property is currently tenanted (2 occupants, moved in on January 31, 2025, with rent guarantor company enrollment), and handover is immediate. This property is sold in as-is condition, with exemption from liability for non-conformity of contract, and the judicial scrivener is designated by the seller.

Property Details

Building Area
43.7 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1981
Floors
Floor 3 of 3
Earthquake Std.
To be confirmed
Est. Annual Rent
¥860,000
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)
173.0 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Parking
No space available

Building management

Management type
Self-managed
Building manager
不在
Total units
6 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield7.96%
Est. Net Yield6.85%

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
7.96%
Est. Net Yield
6.85%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥10,960,000+¥740,000¥900,0007.8%0.7%
2yr¥11,130,000+¥1,480,000¥1,810,00015.5%4.3%
3yr¥11,290,000+¥2,220,000¥2,710,00023.3%5.5%
4yr¥11,460,000+¥2,960,000¥3,620,00031.2%6.1%
5yr¥11,630,000+¥3,700,000¥4,530,00039%6.4%
6yr¥11,810,000+¥4,440,000¥5,450,00046.9%6.6%
7yr¥11,990,000+¥5,180,000¥6,370,00054.8%6.7%
8yr¥12,170,000+¥5,920,000¥7,290,00062.7%6.8%
9yr¥12,350,000+¥6,660,000¥8,210,00070.6%6.9%
10yr¥12,530,000+¥7,400,000¥9,130,00078.6%6.9%

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.)
¥822,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥422,400
Real Estate Acquisition Tax (est., rate varies by property type)¥190,000
Registration License Tax (title transfer)¥90,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥110,000

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

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.

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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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