![[Assessed 119.9%] Apartment building in Suginami Ward, Tokyo — 16 min from Hamadayama Sta.](https://img.rakumachi.jp/c/property/-4T8GYBZgRQ21QocV2tiOg__/117006504_x4y4)
[Assessed 119.9%] Apartment building in Suginami Ward, Tokyo — 16 min from Hamadayama Sta.
Property Overview
| Location | Suginami Ward, Tokyo |
| Nearest Station | Keio Inokashira Line Hamadayama Sta. |
| Walk | 16 min walk |
| Assessed Ratio | 119.9%Assessed 119.9% |
| Price | ¥32,800,000 |
| Type | Apartment building |
| Expected Yield | 6.98% |
| Structure | Wooden |
| Built | Built Jan 1999 (27 years old) |
| Land Area | 81.91㎡ |
| Building Area | 81.18㎡ |
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.
| Rakumachi | ¥32,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥39,316,800 |
| Building assessed value | ¥0 |
| Total assessed value | ¥39,316,800 |
| Asking price | ¥32,800,000 |
| Assessed ratio | 119.9% |
Calculation basis
- Land = road price ¥480,000/m² × land area 81.91m²
- Building = replacement cost ¥220,000/m² × floor area 81.18m² × remaining life 0y ÷ statutory life 22y
- Built Jan 1999 (27 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +14.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 420,000 | — |
| 2025 | 450,000 | +7.1% |
| 2026 | 480,000 | +6.7% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
Neighborhood ① Shopping Near the Station
About This Property
A single-building property in Narita-nishi 1-chome, Suginami Ward, served by two lines: a 16-minute walk from Hamadayama Station on the Keio Inokashira Line and an 18-minute walk from Minami-Asagaya Station on the Tokyo Metro Marunouchi Line. Seiyu, Seijo Ishii and Commodity Iida stand side by side in front of Hamadayama Station, and Wadabori Park and the Zenpukuji River green belt are also within the local orbit.
The building is wooden, two storeys, two units (one household per floor), with 81.18 sqm of total floor area, built in January 1999. The land is 81.91 sqm (registry) held in freehold. It is currently tenanted, with projected annual income of 2.292 million yen and a gross yield of 6.98%. Photograph checks show the building meets the estate road across its full frontage, with steps no greater than a kerb and no stepped access or retaining wall.
The inheritance-tax roadside land value for the frontage is 480,000 yen/sqm. The land assesses at roughly 39.32 million yen, or 119.9% of the 32.80 million yen asking price. The roadside value has risen three years running from 420,000 yen in 2024 (up 14.3% in total). At 27 years old the building has passed its statutory useful life, so this is a land-value-centred assessment.
A single-building property in Suginami Ward where the land value exceeds the asking price by around 20%. Please confirm details such as road frontage conditions with the listing page and the agent.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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