For SaleCondominium

Cosmo Terrace Kikuna

Shinoharakita 1-chome, Kohoku-ku, Yokohama-shi, Kanagawa
  • Renovated January 2024 (full)
  • Top floor
Asking Price
¥29,700,000
Est. Net Yield: 3.24%
Cosmo Terrace Kikuna - 1/13
1 / 13

Executive Summary

This is a residential unit in Cosmo Terrace Kikuna, a 2-story reinforced concrete (RC) condominium built in February 1983, located in Shinoharakita 1-chome, Kohoku-ku, Yokohama-shi, Kanagawa. It offers access within a 10-minute walk to Kikuna Station on the Tokyu Toyoko Line and Yokohama Line, and a 10-minute walk to Shin-Yokohama Station on the Tokaido and Sanyo Shinkansen. Located on the 2nd floor, this southwest-facing 3LDK unit has a floor area of 56.9㎡ and a balcony area of 17.2㎡. Equipped with a system kitchen, dishwasher and dryer, auto bath, bathroom dryer, air conditioner, and other features, a comprehensive renovation of the bath, wallpaper, kitchen, and toilet was completed in January 2024. The land right is ownership, and the zoning is Category I Low-rise Residential Zone. The property is currently vacant and ready for immediate handover.

Property Details

Building Area
56.9 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1983
Floors
Floor 2 of 2
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,200,000
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

Building management

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

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.04%
Est. Net Yield3.24%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.04%
Est. Net Yield
3.24%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥30,150,000+¥960,000¥1,410,0004.4%-2.1%
2yr¥30,600,000+¥1,920,000¥2,820,0008.9%1.2%
3yr¥31,060,000+¥2,880,000¥4,240,00013.3%2.3%
4yr¥31,520,000+¥3,840,000¥5,670,00017.8%2.8%
5yr¥32,000,000+¥4,810,000¥7,100,00022.3%3.2%
6yr¥32,480,000+¥5,770,000¥8,540,00026.9%3.4%
7yr¥32,960,000+¥6,730,000¥9,990,00031.4%3.5%
8yr¥33,460,000+¥7,690,000¥11,450,00036%3.6%
9yr¥33,960,000+¥8,650,000¥12,910,00040.6%3.7%
10yr¥34,470,000+¥9,610,000¥14,380,00045.3%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.)
¥2,076,100
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,046,100
Real Estate Acquisition Tax (est., rate varies by property type)¥530,000
Registration License Tax (title transfer)¥260,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥230,000

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)
Inquire