積算100
[Assessed 82.6%] Apartment building in Midori-ku, Yokohama, Kanagawa — 16 min from Kamoi Sta.
Assessed 82.6%Apartment buildingMidori-ku, Yokohama, KanagawaKamoi Sta. 16 min walk

[Assessed 82.6%] Apartment building in Midori-ku, Yokohama, Kanagawa — 16 min from Kamoi Sta.

Published: Updated:

Property Overview

LocationMidori-ku, Yokohama, Kanagawa
Nearest StationJR Yokohama Line Kamoi Sta.
Walk16 min walk
Assessed Ratio82.6%Assessed 82.6%
Price¥45,000,000
TypeApartment building
Expected Yield7.33%
StructureWooden
BuiltBuilt Jul 1982 (44 years old)
Land Area239.93㎡
Building Area173.78㎡

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¥45,000,000View listing

Assessed Value Breakdown

Land assessed value¥37,189,150
Building assessed value¥0
Total assessed value¥37,189,150
Asking price¥45,000,000
Assessed ratio82.6%

Calculation basis

  • Land = road price ¥155,000/m² × land area 239.93m²
  • Building = replacement cost ¥220,000/m² × floor area 173.78m² × remaining life 0y ÷ statutory life 22y
  • Built Jul 1982 (44 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +6.9%
YearRoad price (JPY/m²)YoY
2024145,000—
2025150,000+3.4%
2026155,000+3.3%

※ 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 reconciled three portal listings against each other and, where one lacked photos, assessed from another's.

Locating the road price

Higashi-Hongo 4-chome spans three road price sheets, and no listing gives the lot number, so we surveyed the district's roads ourselves. The district mode is ¥165,000/m², but we conservatively adopted ¥155,000/m² at the lower end of the usual range; the mode would give 88.0%.

View source
On-site check from photos

The source listing had no property photos, so we identified the same property on another portal and examined three exteriors. The site is flat at roughly road level, bounded only by a low kerb of about 0.2–0.3 m. The wooden stair beside the building serves the second floor — not a stepped approach. A regular plot with about 11 m of frontage on a 6.5 m public road to the south.

Listing check

Across two portals, land area, floor area, frontage, tenure, zoning, build date and yield all match. No site mentions a restriction on rebuilding, cliff ordinance or build-conditional terms.

What We Could Not Confirm

  • The 80% break-even sits close by at ¥150,000/m²; fronting the hillside's ¥135,000–145,000/m² routes would give 74.6–77.3%, short of the benchmark. That scenario does not fit the flat block street in the photos, but a re-check once the lot number is known would be prudent.

※ 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

Maibasuketto Yokohama Higashihongo 6-chome
21 min walk from the station

About 420 m from the property. A supermarket. Location confirmed on OpenStreetMap.

Source
FamilyMart Yokohama Higashihongo
21 min walk from the station

About 421 m from the property. A convenience store. Location confirmed on OpenStreetMap.

Source
Lawson Yokohama Higashikatacho
25 min walk from the station

About 815 m from the property. A convenience store. Location confirmed on OpenStreetMap.

Source

Neighborhood ② Dining Near the Station

Sukiya Kohoku Kozukue
23 min walk from the station

About 594 m from the property. A gyudon restaurant. Location confirmed on OpenStreetMap.

Source
Piggy's Cafe
25 min walk from the station

About 779 m from the property. A cafe. Location confirmed on OpenStreetMap.

Source

About This Property

A whole-building apartment in Higashihongo 4-chome, Midori-ku, Yokohama, a 16-minute walk from Kamoi Station on the JR Yokohama Line. Kamoi reaches Yokohama Station in 17 minutes without a transfer, and Kozukue Station is also within walking distance, giving the property two stations. A Maibasuketto and a FamilyMart are within about a 6-minute walk.

Built in July 1982, the wood-frame two-storey building has five units, all 2DK with 37.75 sqm of private floor area. The land is 239.93 sqm and the total floor area is 173.78 sqm. The land is freehold with no private-road burden noted, and it is a regular-shaped lot fronting a 6.50 m public road on the south side over an 11.00 m frontage, in a Category 1 low-rise exclusive residential zone.

Against the 45,000,000 yen asking price, the land assessed value at the inheritance-tax road price of 155,000 yen/sqm comes to 37.18 million yen, an assessed ratio of 82.6%. The building is 44 years old, beyond the 22-year statutory life for wood construction, so it is treated as zero. It is currently tenanted, with 3,300,000 yen of annual income at full occupancy and a gross yield of 7.33%. The road price has risen 6.9% over three years from 145,000 yen in 2024.

Exterior photographs show the frontage road and the site at roughly the same level, with no retaining wall or stepped access. However, the lot number is absent from the listings, so the road price band is not settled — please see the research notes.

Estimated Financing

Assessed value ¥37,189,150 → estimated loan ¥37,180,000 (83% of the asking price)

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

Suggested Lenders

静岡銀行
Regional bankLand-value focusedStrong with apartment buildingsGood with older buildings
本業年収700万円以上が検討対象。 相続税路線価から算出した「土地の積算」が60%以上出ていれば、基本的にフルローンとなる。 修正後バランスシートも重視しており、属性枠だけで終了する訳ではない為、可能な限り「土地」が高積算の物件を買い進めていきたい。
L&Fアセットファイナンス
Non-bank lenderLand-value focusedStrong with apartment buildingsGood with older buildings
土地値が出る築古系が得意。 属性はほぼ問わない。 どんなに担保評価が付いたとしても8割融資が目安。 建物の価値に対してはほぼ担保評価を付けてくれない為、新築や築浅の物件は要注意。 但し、建売の売れ残りや変形地等の場合は、土地が広くて担保評価が伸びたり、賃料が高くて収益還元評価が伸びたりして、思わずハマるケースがある。 また、産休中でも行けた、貴重な存在の金融機関である。
関西みらい銀行
Regional bankAssessed-value focusedStrong with apartment 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。

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

Ask About This PropertyWe offer purchase consultation, brokerage and consulting services.Found an error in this listing? Let us know here

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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