For SaleCondominium

Apartment in Mahikizawa 2-chome, Tama City

Mahikizawa 2-chome, Tama City, Tokyo
  • Top floor
Asking Price
¥23,900,000
Est. Net Yield: 3.03%
Apartment in Mahikizawa 2-chome, Tama City - 1/10
1 / 10

Executive Summary

This property is located on the 5th floor of a 5-story reinforced concrete (RC) apartment building constructed in March 1996, situated in Mahikizawa 2-chome, Tama City, Tokyo. Access is a 10-minute walk from Keio-Nagayama Station on the Keio Sagamihara Line and an 11-minute walk from Odakyu-Nagayama Station on the Odakyu Tama Line. The unit has a floor area of 56.6 sqm and a 7.88 sqm balcony with a southwest orientation and a 2LDK layout. Amenities include an elevator, auto-lock with monitor, delivery box, and bath reheating function, with a renovation history in March 2017 covering the full interior and other features. Land rights are ownership, and the zoning is Category II Medium-and-High-Rise Residential Zone. The current status is occupied, and delivery is negotiable. Nearby facilities include a convenience store (132m / 2-minute walk), commercial facility (160m / 2-minute walk), park (448m / 6-minute walk), elementary school (523m / 7-minute walk), kindergarten/nursery (690m / 9-minute walk), and junior high school (995m / 13-minute walk).

Property Details

Building Area
56.6 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1996
Floors
Floor 5 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,140,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Category 2 mid/high-rise residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
明和地所コミュニティ株式会社
Total units
23 units

Utilities & nearby

Gas
City gas
To elementary school
about 523 m
To junior high school
about 995 m

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

Location & Map

Investment Analysis

Est. Gross Yield4.78%
Est. Net Yield3.03%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.78%
Est. Net Yield
3.03%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥24,260,000+¥720,000¥1,080,0004.2%-2.4%
2yr¥24,620,000+¥1,450,000¥2,170,0008.5%0.9%
3yr¥24,990,000+¥2,170,000¥3,260,00012.7%2.1%
4yr¥25,370,000+¥2,890,000¥4,360,00017%2.6%
5yr¥25,750,000+¥3,620,000¥5,460,00021.3%2.9%
6yr¥26,130,000+¥4,340,000¥6,570,00025.7%3.1%
7yr¥26,530,000+¥5,060,000¥7,690,00030%3.3%
8yr¥26,920,000+¥5,780,000¥8,810,00034.4%3.4%
9yr¥27,330,000+¥6,510,000¥9,940,00038.8%3.5%
10yr¥27,740,000+¥7,230,000¥11,070,00043.2%3.5%

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.)
¥1,694,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥854,700
Real Estate Acquisition Tax (est., rate varies by property type)¥430,000
Registration License Tax (title transfer)¥210,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥190,000

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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