![[Assessed 88.8%] Detached house in Arakawa, Tokyo — 8 min from Nippori Sta.](https://www.kenbiya.com/upload/p4647/4647833/1778751053164-1.jpg)
[Assessed 88.8%] Detached house in Arakawa, Tokyo — 8 min from Nippori Sta.
Property Overview
| Location | Arakawa, Tokyo |
| Nearest Station | JR Yamanote Line Nippori Sta. |
| Walk | 8 min walk |
| Assessed Ratio | 88.8%Assessed 88.8% |
| Price | ¥23,000,000 |
| Type | Detached house |
| Structure | Wooden |
| Built | Built Sep 1959 (67 years old) |
| Land Area | 37.14㎡ |
| Building Area | 29.46㎡ |
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 | ¥23,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥20,427,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥20,427,000 |
| Asking price | ¥23,000,000 |
| Assessed ratio | 88.8% |
Calculation basis
- Land = road price ¥550,000/m² × land area 37.14m²
- Building = replacement cost ¥220,000/m² × floor area 29.46m² × remaining life 0y ÷ statutory life 22y
- Built Sep 1959 (67 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +22.2%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 450,000 | — |
| 2025 | 490,000 | +8.9% |
| 2026 | 550,000 | +12.2% |
※ 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 openly disclose that the 80% break-even falls inside the price band, and narrowed the candidate blocks by distance from the station.
What We Could Not Confirm
- The frontage field says only "no designation", with width and contact length unknown. On a tiny 37.14 m² plot, failing the frontage requirement or incurring a setback would weigh heavily — rebuildability needs checking on site and with the ward.
- If the plot fronts one of the ¥490,000/m² segments at the band's floor, the ratio dips to 79.1%, just under 80%. We recommend checking the applicable road price once the parcel is known.
- An owner-change sale with a sitting tenant, sold as-is — the interior condition cannot be verified.
※ 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 resale detached house in 6-chome Higashi-Nippori, Arakawa, Tokyo, an 8-minute walk from Nippori Station on the JR Yamanote and Keihin-Tohoku lines. A ramen restaurant is 74 m from the block coordinates, a convenience store 93 m and a supermarket 150 m.
The land is 37.14 sqm (11.23 tsubo) and the wood-frame two-storey 3K building has a floor area of 29.46 sqm. It was built in September 1959. The land is freehold, zoned quasi-industrial with an 80% building coverage ratio and 300% floor area ratio. It has a loft, town gas, municipal water and main drainage. The house is currently tenanted and sold with the tenancy in place; annual income at full occupancy is 1.2 million yen (100,000 yen a month), a gross yield of 5.21%.
The inheritance-tax road price on the frontage is 550,000 yen/sqm. The land assessed value comes to 20.42 million yen, an assessed ratio of 88.8% against the 23 million yen asking price. At 66 years old the wood-frame building is far past its 22-year statutory life, so it is assessed at zero. The road price has moved 450,000 yen in 2024, 490,000 yen in 2025 and 550,000 yen in 2026, a steep rise of 22.2% over three years.
Please note: depending on which band of the road price applies, the assessed ratio could fall below 80%. Please read the research notes.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
Our blog explains the basics you need to read the numbers on this page.
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