![[Assessed 103.9%] Condominium building in Matsudo, Chiba — 7 min from Shin-Matsudo Sta.](https://www.kenbiya.com/upload/p4636/4636919/1771553888200-p6m.jpg)
[Assessed 103.9%] Condominium building in Matsudo, Chiba — 7 min from Shin-Matsudo Sta.
Property Overview
| Location | Matsudo, Chiba |
| Nearest Station | JR Joban Line Shin-Matsudo Sta. |
| Walk | 7 min walk |
| Assessed Ratio | 103.9%Assessed 103.9% |
| Price | ¥183,000,000 |
| Type | Condominium building |
| Expected Yield | 6.03% |
| Structure | Reinforced concrete (RC) |
| Built | Built Mar 1987 (39 years old) |
| Land Area | 645.22㎡ |
| Building Area | 684.18㎡ |
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.
| Kenbiya | ¥183,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥151,626,700 |
| Building assessed value | ¥38,430,536 |
| Total assessed value | ¥190,057,236 |
| Asking price | ¥183,000,000 |
| Assessed ratio | 103.9% |
Calculation basis
- Land = road price ¥235,000/m² × land area 645.22m²
- Building = replacement cost ¥330,000/m² × floor area 684.18m² × remaining life 8y ÷ statutory life 47y
- Built Mar 1987 (39 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +14.6%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 205,000 | — |
| 2025 | 220,000 | +7.3% |
| 2026 | 235,000 | +6.8% |
※ 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 placed the property on the road price map from its distance to the station and its frontage conditions, then opened the listing photos to check the approach.
What We Could Not Confirm
- The listing states that the 6.03% full-occupancy yield includes parking fees and vending machine income. The units-only effective yield will be lower, so we recommend checking the breakdown in the rent roll.
- The sale excludes liability for non-conformity. At 39 years old, the history of major repairs and the current condition need to be confirmed from documents and on site.
- Thirteen of the fifteen units are leased, leaving two vacant. Family demand in the area for a building of fifteen 3DK units is worth considering.
※ 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 a 7-minute walk from Shin-Matsudo Station, served by both the JR Joban Line (local) and the JR Musashino Line. MaxValu Express Shin-Matsudo, 128 m from the station, stays open until midnight, and Coop Shin-Matsudo is 590 m away. Two lines give access both towards central Tokyo and along the Musashino Line.
The building is reinforced concrete, three storeys, with 15 units (3DK each, 57.01 sqm) and 684.18 sqm of total floor area, built in March 1987. The land is 645.22 sqm (195.17 tsubo) held in freehold, fronting 6 m public roads on both the north and south sides, with 10 parking spaces. Photographs show the frontage road running flat into the site and the parking area, with no retaining wall, step or stepped access.
The inheritance-tax roadside land value is 235,000 yen/sqm. The land assesses at 151.63 million yen; adding the building assessment of 38.43 million yen (reinforced concrete with 8 years of useful life remaining) gives about 190.06 million yen, or 103.9% of the 183 million yen asking price. The roadside value has risen three years running from 205,000 yen in 2024 (up 14.6% in total).
Thirteen of the 15 units are occupied and the full-occupancy yield is 6.03%. Please review the research notes below.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
More in This Area
![[Assessed 82.4%] Land in Kashiwa, Chiba — 20 min from Goko Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F787%2F21727787%2F21727787_0012.jpg&w=800&h=600)
[Assessed 82.4%] Land in Kashiwa, Chiba — 20 min from Goko Sta.
![[Assessed 101.2%] Detached house in Funabashi, Chiba — 13 min from Takanekido Sta.](https://img01.suumo.com/jj/resizeImage?src=gazo%2Fbukken%2F030%2FN010000%2Fimg%2F333%2F20968333%2F20968333_0004.jpg&w=1600&h=1200)
[Assessed 101.2%] Detached house in Funabashi, Chiba — 13 min from Takanekido Sta.
![[Assessed 92.1%] Detached house in Kashiwa, Chiba — 13 min from Sakasai Sta.](https://toushi.homes.co.jp/upload/p4723/4723477/1789889628626-1.jpg)