For SaleCondominium

Land City Yokohama Yamate Gobankan

Negishiasahidai, Naka-ku, Yokohama-shi, Kanagawa
  • Sea view
  • Pets negotiable
Asking Price
¥51,900,000
Est. Net Yield: 3.28%
Land City Yokohama Yamate Gobankan - 1/15
1 / 15

Executive Summary

This is a 4th-floor unit in Land City Yokohama Yamate Gobankan, a 10-story reinforced concrete condominium built in January 2004, located in Negishiasahidai, Naka-ku, Yokohama-shi, Kanagawa. It is a 10-minute walk from Negishi Station on the Keihin-Tohoku and Negishi Line. The property features a southeast-facing 3LDK layout with a floor area of 80.1 m² and a balcony area of 12.13 m². It is equipped with an auto-lock system, floor heating, a bathroom ventilation dryer, and a dishwasher, with renovations to the water-related facilities and interior completed in July 2026. The land rights are ownership, and the zoning is Category I Medium-and-High-Rise Residential Zone. The unit is currently vacant and available for immediate handover. Nearby amenities include a convenience store (404 m, 6-minute walk), a kindergarten/nursery (479 m, 6-minute walk), a post office (578 m, 8-minute walk), and dining facilities (864 m, 11-minute walk), and it is a 5-minute walk to Negishi Forest Park. It comes with a dedicated parking right free of charge, allows multiple pets subject to building bylaws, and includes defect warranty insurance.

Property Details

Building Area
80.1 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2004
Floors
Floor 4 of 10
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,340,000
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 mid/high-rise residential zone

Costs besides the price

Parking
Yes · Free

Building condition

Defect insurance for resale homes
瑕疵保険(国交省指定)による保証付

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
住友不動産管理サービス株式会社
Owners' association
Yes
Total units
35 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.5%
Est. Net Yield3.28%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.50%
Est. Net Yield
3.28%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥52,680,000+¥1,700,000¥2,480,0004.5%-1.9%
2yr¥53,470,000+¥3,400,000¥4,970,0009%1.3%
3yr¥54,270,000+¥5,100,000¥7,470,00013.5%2.4%
4yr¥55,080,000+¥6,800,000¥9,990,00018%2.9%
5yr¥55,910,000+¥8,500,000¥12,510,00022.6%3.2%
6yr¥56,750,000+¥10,200,000¥15,050,00027.1%3.4%
7yr¥57,600,000+¥11,900,000¥17,600,00031.7%3.6%
8yr¥58,460,000+¥13,600,000¥20,170,00036.4%3.7%
9yr¥59,340,000+¥15,300,000¥22,750,00041%3.7%
10yr¥60,230,000+¥17,000,000¥25,340,00045.7%3.8%

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.)
¥3,558,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,778,700
Real Estate Acquisition Tax (est., rate varies by property type)¥930,000
Registration License Tax (title transfer)¥460,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥360,000

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