For SaleCondominium

Shineicho Danchi Block 4

Shin'ei 4-chome, Soka-shi, Saitama
Asking Price
¥12,000,000
Shineicho Danchi Block 4 - 1/1
1 / 1

Executive Summary

This is a 1st-floor unit of a 5-story reinforced concrete apartment building built in May 1974, located in Shin'ei 4-chome, Soka-shi, Saitama. Access is a 25-minute walk from Tozuka-angyo Station on the Saitama Rapid Railway Line, or an 18-minute bus ride and a 2-minute walk from the bus stop from Shinden Station on the Tobu Isesaki/Daishi Line. The south-facing 2LDK unit has a floor area of 51.4㎡ and a balcony area of 5.94㎡, equipped with facilities such as a system kitchen and separate bath and toilet, with interior renovations completed in July 2023 including plumbing areas such as the bathroom and toilet as well as wallpaper and flooring in all rooms. Land rights are ownership, and the zoning is Category I Medium-and-High-Rise Residential Zone. The current status is occupied, and delivery is negotiable. Surrounding facilities include an elementary school (204m, 3-minute walk), a bank (254m, 4-minute walk), a drugstore (282m, 4-minute walk), and a supermarket (416m, 6-minute walk).

Property Details

Building Area
51.4 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1974
Floors
Floor 1 of 5
Earthquake Std.
Old Seismic Standard
Transport
  • Tozuka-angyō Station
    Saitama Rapid Railway Line
    Walk 25 min
  • Shinden Station
    Tobu Isesaki / Daishi Line
    Bus 18 min + 2 min walk
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 1 mid/high-rise residential zone

Costs besides the price

Parking
Yes · 空き確認要

Building management

Management type
Fully outsourced
Building manager
Live-in
Total units
1586 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 204 m
To junior high school
about 1172 m

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
3.09%

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)
2.1%
Net gain
+¥2,620,000
Gain on total investment +20.3%
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¥12,000,000+¥400,000¥-970,000-7.6%-7.6%
2yr¥12,000,000+¥800,000¥-580,000-4.5%-2.3%
3yr¥12,000,000+¥1,200,000¥-180,000-1.4%-0.5%
4yr¥12,000,000+¥1,600,000+¥220,000+1.7%0.4%
5yr¥12,000,000+¥2,000,000+¥620,000+4.8%1.0%
6yr¥12,000,000+¥2,390,000+¥1,020,000+7.9%1.4%
7yr¥12,000,000+¥2,790,000+¥1,420,000+11.0%1.6%
8yr¥12,000,000+¥3,190,000+¥1,820,000+14.1%1.8%
9yr¥12,000,000+¥3,590,000+¥2,220,000+17.2%2.0%
10yr¥12,000,000+¥3,990,000+¥2,620,000+20.3%2.1%

Assumptions

  • Total investment ¥12,902,000 (price ¥12,000,000 + purchase costs ¥902,000)
  • Management fee and repair reserve: ¥168,000 per year
  • 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.)
¥902,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥462,000
Real Estate Acquisition Tax (est., rate varies by property type)¥210,000
Registration License Tax (title transfer)¥100,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥120,000

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)
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