![[Assessed 91.3%] Apartment building in Fujisawa, Kanagawa — 7 min from Tsujido Sta.](https://www.kenbiya.com/upload/p4631/4631851/1785809489002-a5h.jpg)
[Assessed 91.3%] Apartment building in Fujisawa, Kanagawa — 7 min from Tsujido Sta.
Property Overview
| Location | Fujisawa, Kanagawa |
| Nearest Station | JR Tokaido Main Line Tsujido Sta. |
| Walk | 7 min walk |
| Assessed Ratio | 91.3%Assessed 91.3% |
| Price | ¥300,000,000 |
| Type | Apartment building |
| Expected Yield | 4.42% |
| Structure | Wooden |
| Built | Built Jun 1992 (34 years old) |
| Land Area | 996.31㎡ |
| Building Area | 599.07㎡ |
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 | ¥300,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥273,985,250 |
| Building assessed value | ¥0 |
| Total assessed value | ¥273,985,250 |
| Asking price | ¥300,000,000 |
| Assessed ratio | 91.3% |
Calculation basis
- Land = road price ¥275,000/m² × land area 996.31m²
- Building = replacement cost ¥220,000/m² × floor area 599.07m² × remaining life 0y ÷ statutory life 22y
- Built Jun 1992 (34 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +22.2%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 225,000 | — |
| 2025 | 250,000 | +11.1% |
| 2026 | 275,000 | +10.0% |
※ 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 calibrated coordinates using block symbols on the road price map to confirm the location, and opened all seven listing photos to check the approach.
What We Could Not Confirm
- The building is a ten-unit row house. Tokyo's ordinance on on-site passages does not apply in Kanagawa, but compliance with Kanagawa Prefecture's own building ordinance provisions for row houses is worth confirming separately.
- The sale is as-is, all ten units together, with unit details noted as still being confirmed. The 4.42% gross yield prices the property on asset value rather than 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 terraced housing block in Tsujido 3-chome, Fujisawa City, a 7-minute walk from Tsujido Station on the JR Tokaido Main Line. Terrace Mall Shonan, directly connected to the north exit of Tsujido Station, houses about 280 shops with a Seijo Ishii on the first floor. The Shonan-Shinjuku Line is also available, giving access on two lines.
The building is wood-frame with a slate roof, two storeys, 10 units in total (six 2DK and four 2LDK, 54.6-62.9 sqm each) and 599.07 sqm of total floor area, built in June 1992. The land is 996.31 sqm (301.38 tsubo) held in freehold, with 11 parking spaces on site. Nine of the 10 units are currently occupied and the gross yield is 4.42%. Photographs show the frontage road and the site level with each other, with no retaining wall or stepped access.
The inheritance-tax roadside land value is 275,000 yen/sqm. The land assesses at roughly 273.99 million yen, or 91.3% of the 300 million yen asking price. The roadside value has risen three years running from 225,000 yen in 2024 — up 22.2% in total, as land prices around Tsujido continue to climb.
At 34 years old the wooden building is past its statutory useful life, so the assessment reflects land value only. 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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