[Assessed 116.4%] Apartment building in Kanazawa Ward, Yokohama — 6 min from Nokendai Sta.
Property Overview
| Location | Kanazawa Ward, Yokohama, Kanagawa |
| Nearest Station | Keikyu Main Line Nokendai Sta. |
| Walk | 6 min walk |
| Assessed Ratio | 116.4%Assessed 116.4% |
| Price | ¥162,800,000 |
| Type | Apartment building |
| Expected Yield | 6% |
| Structure | Light steel frame |
| Built | Built Feb 1998 (28 years old) |
| Land Area | 806.5㎡ |
| Building Area | 437.4㎡ |
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 | ¥162,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥189,527,500 |
| Building assessed value | ¥0 |
| Total assessed value | ¥189,527,500 |
| Asking price | ¥162,800,000 |
| Assessed ratio | 116.4% |
Calculation basis
- Land = road price ¥235,000/m² × land area 806.5m²
- Building = replacement cost ¥220,000/m² × floor area 437.4m² × remaining life 0y ÷ statutory life 22y
- Built Feb 1998 (28 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +6.8%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 220,000 | — |
| 2025 | 225,000 | +2.3% |
| 2026 | 235,000 | +4.4% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
Neighborhood ① Shopping Near the Station
Neighborhood ② Dining Near the Station
About This Property
A single-building property in Nokendai-dori, Kanazawa Ward, Yokohama, a 6-minute walk from Nokendai Station on the Keikyu Main Line. Ito-Yokado Nokendai is about 5 minutes' walk from the station, putting a large store with 839 parking spaces within the local orbit. Shinagawa is in the low 40 minutes on the Keikyu Main Line.
The building is steel-frame, three storeys, with nine units (2DK, 48.60 sqm each) and 437.40 sqm of total floor area, built in February 1998. The land is 806.50 sqm (registry) held in freehold. Eight of the nine units are occupied in an owner-change sale, with a full-occupancy yield of 6.00%. Photographs show the frontage road and the site at much the same level, with level paving up to the entrance and no stepped access or retaining wall.
The inheritance-tax roadside land value for the frontage is 235,000 yen/sqm. The land assesses at roughly 189.53 million yen, or 116.4% of the 162.80 million yen asking price. The roadside value has risen three years running from 220,000 yen in 2024 (up 6.8% in total). The listing does not state the gauge of the steel frame, so the building has conservatively been assessed at zero as light-gauge steel.
A single-building property close to the station where the land value exceeds the asking price. Please check the listing page for details.
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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