積算100
[Assessed 91%] Condominium building in Hanamigawa Ward, Chiba City, Chiba — 15 min from Shin-Kemigawa Sta.
Listing endedAssessed 91%Condominium buildingHanamigawa Ward, Chiba City, ChibaShin-Kemigawa Sta. 15 min walk

[Assessed 91%] Condominium building in Hanamigawa Ward, Chiba City, Chiba — 15 min from Shin-Kemigawa Sta.

Published: Updated:

Property Overview

LocationHanamigawa Ward, Chiba City, Chiba
Nearest StationJR Sobu Line Shin-Kemigawa Sta.
Walk15 min walk
Assessed Ratio91%Assessed 91%
Price¥128,000,000
TypeCondominium building
Expected Yield7.18%
StructureReinforced concrete (RC)
BuiltBuilt Jul 1991 (35 years old)
Land Area502.98㎡
Building Area665.92㎡

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 ratio91%

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%
YearRoad price (JPY/m²)YoY
2024110,000—
2025115,000+4.5%
2026120,000+4.3%

※ 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 measured the earth retainers with two cross-checked scale references, and disclose the unusual fact that the town has no priced block streets at all.

On-site check from photos

We examined four exterior photos. An earth retainer with the site standing higher runs along the entrance frontage (est. 0.35–0.50 m), and a block retaining wall along the side lane by the bicycle park (est. 0.6–0.9 m). Cross-checking with two references — joint courses and the wheel diameter of a parked bicycle — both stay under 1 m even at the upper bound, below this site's exclusion threshold. There is no stepped approach, and vehicles drive onto the site.

Locating the road price

Asahigaoka-cho is almost entirely a sports ground and unused land, with not a single priced block street inside it. We therefore conservatively adopted the lowest route touching the town — Oga Lotus Avenue at ¥120,000/m². The neighbouring district's most common ¥165,000/m² would give 108.7%, and even the area's lowest ¥96,000/m² gives 81.6% — above 80% whichever road the plot fronts.

View source
Building valuation assumptions

Against the 47-year statutory life for reinforced concrete, the building dates from July 1991 — 35 years old with 12 remaining. At ¥56.11M it makes up about 48% of the assessed value, eroding each year as the remaining life shortens.

Effective land area

The private-road field is blank, and as a corner plot with two frontages and no flagpole extension, the full 502.98 m² is used for the land valuation.

What We Could Not Confirm

  • The frontage field is blank. The photos establish a corner plot with two frontages, but width and category should be confirmed with the listing agent.
  • The photos are only 375×500 px, so the retainer height estimates carry a margin inherent to that resolution.

※ 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

7-Eleven Chiba Mizuho-no-Mori
15 min walk from the station

About 302 m from the property. A convenience store, location confirmed on OpenStreetMap.

Source
7-Eleven Chiba Hanazono 3-chome
16 min walk from the station

About 394 m from the property. A convenience store, location confirmed on OpenStreetMap.

Source
Summit Store Hanamigawa Ward Office
19 min walk from the station

About 624 m from the property. A grocery supermarket, location confirmed on OpenStreetMap.

Source

Neighborhood ② Dining Near the Station

Taj Mahal
19 min walk from the station

About 675 m from the property. An Indian restaurant, location confirmed on OpenStreetMap.

Source
Kitchen Potato
20 min walk from the station

About 729 m from the property. A Western-style restaurant, location confirmed on OpenStreetMap.

Source
Saito
20 min walk from the station

About 740 m from the property. A Japanese restaurant, location confirmed on OpenStreetMap.

Source

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

Assessed value ¥116,464,902 → estimated loan ¥116,460,000 (91% of the asking price)

※ Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

関西みらい銀行
Regional bankAssessed-value focusedStrong with condominium buildings
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。
滋賀銀行
Regional bankAssessed-value focusedStrong with condominium buildings
土地から新築OK。 好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 但し、産休中はNG。
スルガ銀行
Regional bankBorrower-profile focusedStrong with condominium buildings
富豪向け。 金融資産3000万円以上が検討対象。 行けるなら8割融資や9割融資が狙える。 金利は2%台、融資期間は35年。

※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Listing endedThe listing for this property has ended. The information reflects the time of listing and the property is no longer available.

Learn About Assessed Value and Financing

Our blog explains the basics you need to read the numbers on this page.

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法
不動産担保ローン

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法

不動産担保ローンは、持っている不動産を担保にお金を借りるローンです。仕組みや借りられる金額の目安、次の物件購入に使う方法、メリット・デメリットを解説します。

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説
不動産担保ローン

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説

積算評価(担保評価)とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。

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