For SaleCondominium

Maison Gyotoku

Kakemama 1-chome, Ichikawa-shi, Chiba
  • Top floor
  • Pets negotiable
Asking Price
¥8,950,000
Est. Net Yield: 7.12%
Maison Gyotoku - 1/1
1 / 1

Executive Summary

This 5th-floor unit in the 5-story reinforced concrete condominium Maison Gyotoku, built in June 1979, is located in Kakemama 1-chome, Ichikawa-shi, Chiba. Transportation access includes a 15-minute walk from Minami-Gyotoku Station and a 16-minute walk from Gyotoku Station on the Tokyo Metro Tozai Line. The south-facing 2DK layout features a floor area of 45.4 sq m and a balcony area of 7.89 sq m, equipped with a separate bath and toilet, a washbasin, and air conditioning. In June 2022, interior renovations were completed, including wet area replacements such as the kitchen as well as wallpaper. The land rights are ownership, and the zoning designations are Category I Medium-and-High-Rise Residential Zone and Category I Residential Zone. The property is currently tenanted and available for immediate handover. Continuing with the current management company is a condition of the transaction.

Property Details

Building Area
45.4 ㎡
Layout
2DK
2 bedrooms + dining kitchen
Structure
RC
Built Year
1979
Floors
Floor 5 of 5
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥880,000
Transport
  • Minami-gyotoku Station
    Tokyo Metro Tozai Line
    Walk 15 min
  • Gyotoku Station
    Tokyo Metro Tozai Line
    Walk 16 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
Immediately

Land & legal restrictions

Site area (whole building)
3,607.8 ㎡
Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone / Category 1 residential zone

Costs besides the price

Other costs
非居住者通信料: ¥100 per month
Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
長谷工コミュニティ
Owners' association
Yes

Utilities & nearby

Gas
City gas
Water
Public water supply

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

Around the property

This summarizes expected hazards, past disaster records, designated hazard zones, city planning, the surroundings (stations, schools, medical facilities and more), population, land prices and transactions around the property, based on data from Japan's Ministry of Land, Infrastructure, Transport and Tourism. The position is estimated from the address, so it can differ from the actual lot near the edge of an area. Hazard areas and records shown are only those published by national and local governments; being outside a published area, or not finding a record, does not mean damage cannot occur. Please confirm details on the municipality's hazard map and in the explanation of important matters given at the time of purchase.

Expected hazards nearby

Flood (maximum expected scale)
Within a published hazard area (expected flood depth 0.5–3 m)Rivers: 江戸川
Storm surge
Within a published hazard area (expected flood depth 3–5 m)
Tsunami
Within a published hazard area (expected flood depth 0.5–1 m)
Landslide
Not within a published hazard area
Liquefaction
Likely to liquefyA tendency for each grid cell of about 250 m, based on landform. It is not an assessment of the lot itself.

Please check your municipality's hazard map for details.

Past disaster records

Published records
No published record was found at this point or within about 300 m

This covers past disaster records published by national and local governments. Not finding a record does not mean that no disaster occurred.

Designated hazard zones

Steep slope failure hazard zone / Landslide prevention zone / Disaster hazard zone / Large-scale fill land
Not included in the published zones

This covers designated zones and maps published by national and local governments. Building and other restrictions may apply inside a zone. Please confirm the details with the municipality and in the explanation of important matters.

City planning

Urbanization zoning
Urbanization promotion area (designated for urban development)
Zoning (use district)
Category I mid/high-rise exclusive residential zone
Floor area ratio · Building coverage ratio
Floor area ratio 200% · Building coverage ratio 60%

Because the position is approximate, this may differ from the designation of the lot itself. Please confirm the actual designation in the explanation of important matters.

Surroundings

南行徳 (東京地下鉄)
About 49,381 passengers per day (FY2023)About 740 m in a straight line
行徳 (東京地下鉄)
About 52,701 passengers per day (FY2023)About 930 m in a straight line
Public elementary school district
南行徳小学校 (市川市立)School districts are set by the municipality and may change.
Nearest elementary school
市川市立南行徳小学校About 160 m in a straight line
Nearest junior high school
市川市立福栄中学校About 920 m in a straight line
Nearest high school
千葉県立行徳高等学校About 1,860 m in a straight line
Nurseries and kindergartens
Within 500 m: 5 / within 1 km: 25
Nearest hospital (within 1 km)
安藤病院About 890 m in a straight line / Hospitals within 1 km: 1
Clinics
Within 500 m: 4

Distances are straight-line distances from the property's location, not walking times. Passenger figures are the combined daily boardings and alightings published by the railway operator (annual average). Names of stations, schools and facilities are shown in Japanese.

Population outlook nearby

2025 (estimate)
about 1,461 people
2050 (estimate)
about 1,396 people (-4.5% vs 2025)
Share aged 65 and over
21.1% → 30.5% (2025 → 2050)

Data for a grid cell of about 250 m, based on estimates by the Ministry of Land, Infrastructure, Transport and Tourism (starting from the 2020 census). Because the cell is small, it can differ from actual numbers and does not represent the trend of the whole municipality.

Nearby land prices

Residential land · about 193 m
¥385,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+2.1% vs last year)
Commercial land · about 203 m
¥445,000/㎡Prefectural land price survey · 7/1/2026 (+6% vs last year)
Residential land · about 457 m
¥439,000/㎡Official land price (Land Price Publication) · 1/1/2026 (+2.1% vs last year)

Prices of representative lots selected by the national or prefectural government. They do not indicate the price or value of this property.

Nearby transactions

Overview (2025 Q1 – 2026 Q1)
15 records · median ¥236,364 per ㎡ (middle half: ¥180,000 – ¥263,636)Records for Kakemama 1-chome, Ichikawa-shi (used condominiums etc.)

Recent records with a similar floor area

2026 Q1
¥15,000,000・45 ㎡・2DK・built 1974Transaction price information (survey-based)
2026 Q1
¥15,000,000・55 ㎡・1LDK・built 1974Contract price information
2025 Q3
¥8,500,000・55 ㎡・3DK・built 1976Contract price information
2025 Q3
¥14,000,000・55 ㎡・2DK+S・built 1990Contract price information
2025 Q2
¥13,000,000・55 ㎡・2LDK・built 1974Transaction price information (survey-based)

Records of actual transactions published by the Ministry of Land, Infrastructure, Transport and Tourism. They do not reflect individual circumstances such as floor, orientation or condition, and are not an evaluation of this property's price.

This service uses the API functions of the Real Estate Information Library of the Ministry of Land, Infrastructure, Transport and Tourism, but the timeliness, accuracy and completeness of the information provided are not guaranteed.

Source: Ministry of Land, Infrastructure, Transport and Tourism, Real Estate Information Library (国土交通省 不動産情報ライブラリ). Processed by us for the area around this property.Retrieved: 10/15/2026

Location & Map

Investment Analysis

Gross Yield9.79%
Est. Net Yield7.12%

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
9.79%
Est. Net Yield
7.12%
If sold after 10 years (before tax)
Annual return (IRR)
6.3%
Net gain
+¥5,810,000
Gain on total investment +60.1%
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¥8,950,000+¥690,000¥-380,000-4.0%-4.0%
2yr¥8,950,000+¥1,380,000+¥300,000+3.1%1.6%
3yr¥8,950,000+¥2,060,000+¥990,000+10.3%3.5%
4yr¥8,950,000+¥2,750,000+¥1,680,000+17.4%4.5%
5yr¥8,950,000+¥3,440,000+¥2,370,000+24.5%5.1%
6yr¥8,950,000+¥4,130,000+¥3,050,000+31.6%5.5%
7yr¥8,950,000+¥4,810,000+¥3,740,000+38.7%5.8%
8yr¥8,950,000+¥5,500,000+¥4,430,000+45.9%6.0%
9yr¥8,950,000+¥6,190,000+¥5,120,000+53.0%6.2%
10yr¥8,950,000+¥6,880,000+¥5,810,000+60.1%6.3%

Assumptions

  • Total investment ¥9,656,350 (price ¥8,950,000 + purchase costs ¥706,350)
  • Management fee and repair reserve: ¥140,040 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.)
¥706,350
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥361,350
Real Estate Acquisition Tax (est., rate varies by property type)¥160,000
Registration License Tax (title transfer)¥80,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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