For SaleCondominium

Sun Heights Kawasaki

Ikeda 2-chome, Kawasaki-ku, Kawasaki-shi, Kanagawa
  • Corner unit
Asking Price
¥36,980,000
Est. Net Yield: 3.04%
Sun Heights Kawasaki - 1/15
1 / 15

Executive Summary

This is a 5-story reinforced concrete (RC) apartment building constructed in November 1983, located in Ikeda 2-chome, Kawasaki-ku, Kawasaki-shi, Kanagawa. It is located a 5-minute walk from Hatchonawate Station on the Keikyu Main Line and a 21-minute walk from Kawasaki Station on the Tokaido Main Line. The unit is a south-facing corner room on the 3rd floor, featuring a 3LDK layout consisting entirely of Western-style rooms, with a floor area of 66.4㎡ and a balcony area of 6.78㎡. It is equipped with a system kitchen, dishwasher, automatic bath, bathroom heater, and monitor intercom, with complete renovations of the plumbing and entire interior completed in August 2026. The land rights are ownership, and the zoning is Category II Residential Zone. The current status is vacant, and handover is immediate. In the surrounding area, an elementary school is located 72m away (a 1-minute walk), commercial facilities 189m away (a 3-minute walk), a convenience store 274m away (a 4-minute walk), restaurants 476m away (a 6-minute walk), a kindergarten/nursery school 721m away (a 10-minute walk), and a junior high school 732m away (a 10-minute walk).

Property Details

Building Area
66.4 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1983
Floors
Floor 3 of 5
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,600,000
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

Site area (whole building)
729.5 ㎡
Land rights
Freehold
Zoning
Category 2 residential zone

Costs besides the price

Other costs
組合費: ¥200 per month
Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
東京建物アメニティサポート
Owners' association
Yes
Total units
19 units

Utilities & nearby

To elementary school
about 72 m
To junior high school
about 732 m

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

Location & Map

Investment Analysis

Est. Gross Yield4.33%
Est. Net Yield3.04%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.33%
Est. Net Yield
3.04%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥37,530,000+¥1,120,000¥1,680,0004.2%-2.2%
2yr¥38,100,000+¥2,250,000¥3,370,0008.5%1%
3yr¥38,670,000+¥3,370,000¥5,060,00012.8%2.1%
4yr¥39,250,000+¥4,490,000¥6,760,00017.1%2.7%
5yr¥39,840,000+¥5,620,000¥8,480,00021.4%3%
6yr¥40,440,000+¥6,740,000¥10,200,00025.8%3.2%
7yr¥41,040,000+¥7,870,000¥11,930,00030.2%3.3%
8yr¥41,660,000+¥8,990,000¥13,670,00034.6%3.4%
9yr¥42,280,000+¥10,110,000¥15,420,00039%3.5%
10yr¥42,920,000+¥11,240,000¥17,170,00043.4%3.6%

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.)
¥2,556,340
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,286,340
Real Estate Acquisition Tax (est., rate varies by property type)¥660,000
Registration License Tax (title transfer)¥330,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥270,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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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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