![[Assessed 96.2%] Condominium building in Zama, Kanagawa — 16 min from Sagamino Sta.](https://img.rakumachi.jp/c/property/PbBirPmrPtaIOxevUpR5GA__/117009252_x4y4)
[Assessed 96.2%] Condominium building in Zama, Kanagawa — 16 min from Sagamino Sta.
Property Overview
| Location | Zama, Kanagawa |
| Nearest Station | Sotetsu Main Line Sagamino Sta. |
| Walk | 16 min walk |
| Assessed Ratio | 96.2%Assessed 96.2% |
| Price | ¥210,000,000 |
| Type | Condominium building |
| Expected Yield | 5.35% |
| Structure | Reinforced concrete (RC) |
| Built | Built Mar 1994 (32 years old) |
| Land Area | 979.37㎡ |
| Building Area | 801.36㎡ |
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 | ¥210,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥117,524,400 |
| Building assessed value | ¥84,398,553 |
| Total assessed value | ¥201,922,953 |
| Asking price | ¥210,000,000 |
| Assessed ratio | 96.2% |
Calculation basis
- Land = road price ¥120,000/m² × land area 979.37m²
- Building = replacement cost ¥330,000/m² × floor area 801.36m² × remaining life 15y ÷ statutory life 47y
- Built Mar 1994 (32 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +14.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 105,000 | — |
| 2025 | 110,000 | +4.8% |
| 2026 | 120,000 | +9.1% |
※ 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 the undisclosed chome, and checked how far that choice could move the conclusion.
What We Could Not Confirm
- With the chome and street number undisclosed, the representative road price rests on an estimate from coordinates. All roads across Higashihara 1–5-chome fall between ¥110,000 and ¥170,000/m², and even at the ¥110,000/m² floor the ratio is 91.5%.
- At 32 years old the reinforced concrete has 15 years of statutory life remaining, and the building accounts for 42% of the assessed value. We recommend confirming the repair history and record of major works.
- The 5.35% gross yield is on the low side for a property selected on assessed value — this is a case where asset value outweighs income.
※ 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 condominium building in Higashihara, Zama City, a 16-minute walk from Sagamino Station on the Sotetsu Main Line. Sotetsu Rosen and Maruetsu stand in front of the station, and Sanwa Zama Higashihara is in Higashihara itself, the same neighbourhood as the property. Yokohama is about 30 minutes away on the Sotetsu line.
The building is reinforced concrete, four storeys, with 12 units (all 3LDK) and 801.36 sqm of total floor area, built in March 1994. The land is 979.37 sqm (registry) held in freehold. It is currently fully occupied, and all 12 parking spaces are taken. The gross yield is 5.35%. Photographs show the site meeting the road flat, without a step, from the drainage grating through to the parking area, with no retaining wall or stepped access.
The inheritance-tax roadside land value for the frontage is 120,000 yen/sqm. The land assesses at roughly 117.52 million yen; adding the building assessment of roughly 84.40 million yen (reinforced concrete with 15 years of useful life remaining) gives about 201.92 million yen, or 96.2% of the 210 million yen asking price. The roadside value has risen three years running (up 14.3% in total).
A fully occupied single-building property where both land and building count towards the assessment. 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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