For SaleCondominium

Yono Garden House

Kamimine 3-chome, Chuo-ku, Saitama-shi, Saitama
  • Pets negotiable
Asking Price
¥15,800,000
Est. Net Yield: 3.77%
Yono Garden House - 1/4
1 / 4

Executive Summary

Yono Garden House, located in Kamimine 3-chome, Chuo-ku, Saitama-shi, Saitama, is a 6-story reinforced concrete (RC) condominium built in October 1980. It is situated a 9-minute walk from Yonohommachi Station on the Saikyo Line. The unit is a southwest-facing corner unit on the 5th floor, featuring a floor area of 62.9 m2, a balcony area of 6.48 m2, and a 3DK layout. It has natural lighting from two sides and includes facilities such as an elevator, separate bath and toilet, and a closet. Land rights are ownership, and the zoning is Quasi-Industrial Zone. Up to two pets are permitted in accordance with building regulations. The unit is currently tenanted with a guarantee company enrolled, and handover as an owner-change property is negotiable.

Property Details

Building Area
62.9 ㎡
Layout
3DK
3 bedrooms + dining kitchen
Structure
RC
Built Year
1980
Floors
Floor 5 of 6
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,030,000
Transport
  • Yono-Hommachi Station
    Saikyo Line
    Walk 9 min
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Quasi-industrial zone
Notification under the National Land Use Planning Act
国土法事前確認済

Costs besides the price

Other costs
町会費: ¥200 per month

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
(株)東急コミュニティー
Owners' association
Yes
Total units
38 units

Utilities & nearby

To elementary school
about 1205 m
To junior high school
about 430 m

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

Location & Map

Investment Analysis

Gross Yield6.53%
Est. Net Yield3.77%

Based on the rent under the current lease.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
6.53%
Est. Net Yield
3.77%
If sold after 10 years (before tax)
Annual return (IRR)
2.9%
Net gain
+¥4,640,000
Gain on total investment +27.3%
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¥15,800,000+¥640,000¥-1,120,000-6.6%-6.6%
2yr¥15,800,000+¥1,280,000¥-480,000-2.9%-1.5%
3yr¥15,800,000+¥1,920,000+¥160,000+0.9%0.3%
4yr¥15,800,000+¥2,560,000+¥800,000+4.7%1.2%
5yr¥15,800,000+¥3,200,000+¥1,440,000+8.5%1.8%
6yr¥15,800,000+¥3,840,000+¥2,080,000+12.2%2.1%
7yr¥15,800,000+¥4,480,000+¥2,720,000+16.0%2.4%
8yr¥15,800,000+¥5,120,000+¥3,360,000+19.8%2.6%
9yr¥15,800,000+¥5,760,000+¥4,000,000+23.6%2.7%
10yr¥15,800,000+¥6,400,000+¥4,640,000+27.3%2.9%

Assumptions

  • Total investment ¥16,967,400 (price ¥15,800,000 + purchase costs ¥1,167,400)
  • Management fee and repair reserve: ¥334,920 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.)
¥1,167,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥587,400
Real Estate Acquisition Tax (est., rate varies by property type)¥280,000
Registration License Tax (title transfer)¥140,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

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

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.

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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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