For SaleDetached HouseAkiya

Misono 4-jo 8-chome Detached House

Misono 4-jo 8-chome, Iwamizawa-shi, Hokkaido
Asking Price
¥2,000,000
Misono 4-jo 8-chome Detached House - 1/9
1 / 9

Executive Summary

This is a 2-story wooden detached house built in January 1975, located in Misono 4-jo 8-chome, Iwamizawa-shi, Hokkaido. Access is a 35-minute walk from Iwamizawa Station on the Hakodate Main Line. The building area is 85㎡, and the layout is 4LDK. The registered land area is 182.9㎡, and the land rights are ownership. The terrain is flat, situated in a Category I Low-rise Residential Zone (non-delimited area), with a building-to-land ratio of 40% and a floor area ratio of 60%. It faces a 9m-wide public road on the northeast side. The property is currently vacant, and immediate handover is available. It can be utilized by renovating the building or utilized as land by demolishing the structure.

Property Details

Building Area
85.0 ㎡
Layout
4LDK
4 bedrooms + living, dining & kitchen
Structure
Wood
Built Year
1975
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
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 area
182.9 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Non-delineated city planning area
Zoning
Category 1 low-rise residential zone
Building coverage / floor area ratio
40% / 60%
Road access
Northeast side Public road 9 m wide 13 m frontage
Private road share
None
Terrain
Flat

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
3.89%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

If sold after 10 years (before tax)
Annual return (IRR)
0.9%
Net gain
+¥180,000
Gain on total investment +7.5%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥2,000,000+¥90,000¥-670,000-27.5%-27.5%
2yr¥2,000,000+¥190,000¥-570,000-23.6%-12.9%
3yr¥2,000,000+¥280,000¥-480,000-19.7%-7.4%
4yr¥2,000,000+¥380,000¥-380,000-15.8%-4.5%
5yr¥2,000,000+¥470,000¥-290,000-11.9%-2.7%
6yr¥2,000,000+¥570,000¥-190,000-8.0%-1.5%
7yr¥2,000,000+¥660,000¥-100,000-4.1%-0.7%
8yr¥2,000,000+¥760,000¥-10,000-0.2%0.0%
9yr¥2,000,000+¥850,000+¥90,000+3.6%0.5%
10yr¥2,000,000+¥950,000+¥180,000+7.5%0.9%

Assumptions

  • Total investment ¥2,431,000 (price ¥2,000,000 + purchase costs ¥431,000)
  • No management fee or repair reserve (you own the whole building)
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

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.)
¥431,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥30,000
Registration License Tax (title transfer)¥10,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥60,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

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)
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