![[Assessed 91%] Condominium building in Hanamigawa Ward, Chiba, Chiba — 15 min from Shin-Kemigawa Sta.](https://img.rakumachi.jp/c/property/LF0z7~6sU5ABvXyOKTuqvw__/117230810)
[Assessed 91%] Condominium building in Hanamigawa Ward, Chiba, Chiba — 15 min from Shin-Kemigawa Sta.
Property Overview
| Location | Hanamigawa Ward, Chiba, Chiba |
| Nearest Station | JR Sobu Line Shin-Kemigawa Sta. |
| Walk | 15 min walk |
| Assessed Ratio | 91%Assessed 91% |
| Price | ¥128,000,000 |
| Type | Condominium building |
| Expected Yield | 7.18% |
| Structure | Reinforced concrete (RC) |
| Built | Built Jul 1991 (35 years old) |
| Land Area | 502.98㎡ |
| Building Area | 665.92㎡ |
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 | ¥128,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥60,357,600 |
| Building assessed value | ¥56,107,302 |
| Total assessed value | ¥116,464,902 |
| Asking price | ¥128,000,000 |
| Assessed ratio | 91% |
Calculation basis
- Land = road price ¥120,000/m² × land area 502.98m²
- Building = replacement cost ¥330,000/m² × floor area 665.92m² × remaining life 12y ÷ statutory life 47y
- Built Jul 1991 (35 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +9.1%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 110,000 | — |
| 2025 | 115,000 | +4.5% |
| 2026 | 120,000 | +4.3% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
About This Property
A 15-minute walk from Shin-Kemigawa Station on the JR Sobu Line, this apartment building sits in Asahigaoka-cho, Hanamigawa Ward, Chiba City. A 7-Eleven stands roughly 300 m from the property and a Summit Store about 620 m away, in a quiet residential area close to the ward office and parks.
The building is a three-storey reinforced-concrete block completed in July 1991, with a floor area of 665.92 sqm across 11 units laid out as 3LDKs. The land is 502.98 sqm of freehold. Zoning is Category I Low-rise Exclusive Residential, with 60% building coverage and 150% floor area ratios, and the land is registered as residential. It is tenanted and sold with the tenancies in place, with expected annual income of 9.19 million yen for a gross yield of 7.18%. Handover is negotiable.
The inheritance-tax roadside land value is 120,000 yen per sqm, putting the land component at 60.36 million yen. Against a 47-year statutory life for reinforced concrete and an age of 35 years, the building retains an assessed value of 56.11 million yen, for a total of 116.46 million yen. Against the asking price of 128 million yen the assessed ratio works out to 91.0%. The roadside value has risen for three straight years from 110,000 yen in 2024, up 9.1% in total.
Note that Asahigaoka-cho contains no roadside-valued street of its own, so the lowest band among the lines bordering the district has been used as a conservative figure. The listing carries site photographs but no record of the road frontage. Please see 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.
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