積算100
[Assessed 81.8%] Apartment building in Kashiwa, Chiba — 20 min from Toyoshiki Sta.
Listing endedAssessed 81.8%Apartment buildingKashiwa, ChibaToyoshiki Sta. 20 min walk

[Assessed 81.8%] Apartment building in Kashiwa, Chiba — 20 min from Toyoshiki Sta.

Published: Aug 5, 2026Updated: Sep 3, 2026

Property Overview

LocationKashiwa, Chiba
Nearest StationTobu Noda Line Toyoshiki Sta.
Walk20 min walk
Assessed Ratio81.8%Assessed 81.8%
Price¥30,000,000
TypeApartment building
Expected Yield7.92%
StructureWooden
BuiltBuilt Dec 1984 (41 years old)
Land Area377.49㎡
Building Area238.48㎡

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.

Kenbiya¥30,000,000LowestView listing
Rakumachi¥39,800,000View listing
Kenbiya¥39,800,000View listing

Listed prices differ between sites — a price cut may not be reflected everywhere yet. The lowest listed price is used as the price in this article.

Assessed Value Breakdown

Land assessed value¥24,536,850
Building assessed value¥0
Total assessed value¥24,536,850
Asking price¥30,000,000
Assessed ratio81.8%

Calculation basis

  • Land = road price ¥65,000/m² × land area 377.49m²
  • Building = replacement cost ¥220,000/m² × floor area 238.48m² × remaining life 0y ÷ statutory life 22y
  • Built Dec 1984 (41 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +10.2%
YearRoad price (JPY/m²)YoY
202459,000
202561,000+3.4%
202665,000+6.6%

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 chose a conservative representative road price given that the street number is undisclosed, and tested how far that choice could move the conclusion.

Locating the road price

Takada in Kashiwa spans ten road price sheets, and the listing gives only the district name, so the parcel cannot be pinned down. We took the Takada residential area on sheet 14075 — directly above the sheets covering the nearest station, Toyoshiki — as representative, and used ¥65,000/m², both the most common value among the ¥62,000–73,000/m² block streets and the conservative side.

View source
Effective land area

No private-road burden is stated, and under the portal's display rules the land area already excludes private roads. The photos show no sign of a flagpole shape, so the full 377.49 m² is used for the land valuation.

On-site check from photos

The listing carries only two images — one exterior and a floor plan — but the exterior includes the ground in front of the building, which allowed us to assess the approach. The frontage is a flat gravel forecourt running continuously level from the road. The steel staircase visible is the building's own external stair to the second floor, not a stepped approach.

Building valuation assumptions

Against the 22-year statutory life for wood-frame construction, the building dates from December 1984 and is 41 years old, so its assessed value is zero. The 81.8% ratio rests on land alone.

What We Could Not Confirm

  • Because the address stops at the district name, taking the ¥62,000/m² floor of Takada's ¥62,000–79,000/m² band would put the ratio at 78.0% — below 80%. The figure would need recalculating once the parcel is identified.
  • The frontage field is blank, disclosing neither direction, width nor category. There is also no photo of the road on its own, so the width cannot be read from the images either.
  • The listing records the unit floor areas as unknown.

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

Super Belx Shin-Toyoshiki Store
7 min walk from the station

A grocery supermarket at 135-15 Toyoshiki, Kashiwa City. A 7-minute walk from Toyoshiki Station, with 120 free parking spaces.

Source
Jason Kashiwa Toyoshiki Store
8 min walk from the station

A discount store near Toyoshiki Station, carrying groceries and daily goods.

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Japan Meat Wholesale Market Nagareyama Store
13 min walk from the station

A grocery supermarket about 1.0 km from Toyoshiki Station, with a strong meat selection.

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Neighborhood ② Dining Near the Station

Ramen Hokushin Kashiwa Toyoshiki Store
9 min walk from the station

A ramen shop about 705 m from Toyoshiki Station.

Source
Kourakuen Kashiwa Toyoshiki Store
10 min walk from the station

A ramen chain restaurant in Toyoshiki, Kashiwa City, also offering set meals.

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About This Property

A whole apartment building for sale in Takata, Kashiwa City, Chiba, a 20-minute walk from Toyoshiki Station on the Tobu Noda Line. Near Toyoshiki Station is Super Belx Shin-Toyoshiki, which has 120 free parking spaces. The Tobu Noda Line gives access to Kashiwa and Funabashi. It sits in a Category I Residential zone.

Built in December 1984, the building is wooden and two storeys with six units, all 2DK. The land is 377.49 sqm and the total floor area 238.48 sqm. It is currently tenanted, with a full-occupancy yield of 7.92% and full-occupancy annual income of 2.376 million yen. Units have separate bath and toilet and an indoor washing machine space, with main daylight facing south-east. The land is held in freehold and no private-road burden is noted.

The 2026 inheritance-tax roadside land value is 65,000 yen/sqm, putting the land assessment at roughly 24.54 million yen. Built in 1984 the building is 41 years old, beyond the 22-year statutory useful life for wooden construction, so it assesses at zero. The assessed value is therefore land only at about 24.54 million yen, or 81.8% of the 30 million yen asking price. The roadside value has risen 10.2% in three years from 59,000 yen/sqm in 2024.

Even valuing the building at zero, land alone takes the assessed value past 80% — this is a land-value proposition. Six units on 114 tsubo of land is a comfortably spaced layout. Note that the road frontage field is blank and the direction, width and type of road are undisclosed, so we recommend confirming the frontage and whether rebuilding is permitted on site.

Estimated Financing

Assessed value ¥24,536,850 → estimated loan ¥24,530,000 (82% of the asking price)

Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

静岡銀行
Regional bankLand-value focusedStrong with apartment buildingsGood with older buildings
本業年収700万円以上が検討対象。 相続税路線価から算出した「土地の積算」が60%以上出ていれば、基本的にフルローンとなる。 修正後バランスシートも重視しており、属性枠だけで終了する訳ではない為、可能な限り「土地」が高積算の物件を買い進めていきたい。
L&Fアセットファイナンス
Non-bank lenderLand-value focusedStrong with apartment buildingsGood with older buildings
土地値が出る築古系が得意。 属性はほぼ問わない。 どんなに担保評価が付いたとしても8割融資が目安。 建物の価値に対してはほぼ担保評価を付けてくれない為、新築や築浅の物件は要注意。 但し、建売の売れ残りや変形地等の場合は、土地が広くて担保評価が伸びたり、賃料が高くて収益還元評価が伸びたりして、思わずハマるケースがある。 また、産休中でも行けた、貴重な存在の金融機関である。
関西みらい銀行
Regional bankAssessed-value focusedStrong with apartment buildings
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。

General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Listing endedThe listing for this property has ended. The information reflects the time of listing and the property is no longer available.
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