[Assessed 89.2%] Apartment building in Nagareyama, Chiba — 12 min from Minami-Kashiwa Sta.
Property Overview
| Location | Nagareyama, Chiba |
| Nearest Station | JR Joban Line Minami-Kashiwa Sta. |
| Walk | 12 min walk |
| Assessed Ratio | 89.2%Assessed 89.2% |
| Price | ¥22,800,000 |
| Type | Apartment building |
| Expected Yield | 7.9% |
| Structure | Wooden |
| Built | Built Jan 1985 (41 years old) |
| Land Area | 193.72㎡ |
| Building Area | 139.12㎡ |
Where This Property Is Listed
This property appears on the sites below. Listings matching on location, land area and building area are merged into a single article as the same property.
| athome | ¥22,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥20,340,600 |
| Building assessed value | ¥0 |
| Total assessed value | ¥20,340,600 |
| Asking price | ¥22,800,000 |
| Assessed ratio | 89.2% |
Calculation basis
- Land = road price ¥105,000/m² × land area 193.72m²
- Building = replacement cost ¥220,000/m² × floor area 139.12m² × remaining life 0y ÷ statutory life 22y
- Built Jan 1985 (41 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +23.5%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 85,000 | — |
| 2025 | 95,000 | +11.8% |
| 2026 | 105,000 | +10.5% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Rather than reproducing the listing as-is, we checked the frontage road's price on the National Tax Agency's FY2026 road price map and tracked three years along the same road.
What We Could Not Confirm
- We have no record of checking the frontage road or approach from listing photos, so we recommend confirming retaining walls and level differences on site.
※ Rather than reproducing the listing as-is, we verified the figures against public sources such as the official road price maps and the listing photos. This is not based on a site visit, so please confirm on site and with the seller before deciding.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
A two-storey wooden apartment building in Mukokogane 2-chome, Nagareyama City, a 12-minute walk from Minami-Kashiwa Station on the JR Joban Line. The Fields Minami-Kashiwa shopping mall (Seisen Ichiba TOP, Saizeriya and others) sits at the station's east exit, and the area is conveniently placed midway between Kashiwa and Matsudo.
The property dates from January 1985, configured as four family-sized 2DK units and sold as-is. The projected yield is 7.9%. The land is a generous 193.72 sqm (registry) held in freehold, in a Category I Residential zone within the urbanisation promotion area.
On the assessment side, the inheritance-tax roadside land value for Mukokogane 2-chome (representative point, conservatively taken) is 105,000 yen/sqm for 2026, a substantial 23.5% rise over the past three years (a spillover from land price growth across the Nagareyama area since the Tsukuba Express opened). The land assesses at roughly 20.34 million yen. At 41 years old the building has passed the 22-year statutory useful life for wooden construction and so assesses at zero, leaving the total also at about 20.34 million yen. Against the 22.80 million yen price the assessed ratio is 89.2%, a level at which the land valuation approaches the price.
As points to note, the frontage is a 4 m private road to the west, and whether a share and consent for passage and excavation exist needs confirming. As this is an as-is sale, please check the source listing for details including vacancy and repair condition.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.