![[Assessed 111.1%] Rental House in Kawagoe, Saitama — 19 min from Shingashi Sta.](https://www.kenbiya.com/upload/p4655/4655879/1759735974744-9ws_wm_3342.jpg)
[Assessed 111.1%] Rental House in Kawagoe, Saitama — 19 min from Shingashi Sta.
Property Overview
| Location | Kawagoe, Saitama |
| Nearest Station | Tobu Tojo Line Shingashi Sta. |
| Walk | 19 min walk |
| Assessed Ratio | 111.1%Assessed 111.1% |
| Price | ¥6,800,000 |
| Type | Detached house |
| Expected Yield | 10.58% |
| Structure | Wooden |
| Built | Built Sep 1970 (55 years old) |
| Land Area | 71.97㎡ |
| Building Area | 66.43㎡ |
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 | ¥6,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥7,556,850 |
| Building assessed value | ¥0 |
| Total assessed value | ¥7,556,850 |
| Asking price | ¥6,800,000 |
| Assessed ratio | 111.1% |
Calculation basis
- Land = road price ¥105,000/m² × land area 71.97m²
- Building = replacement cost ¥220,000/m² × floor area 66.43m² × remaining life 0y ÷ statutory life 22y
- Built Sep 1970 (55 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +5.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 100,000 | — |
| 2025 | 100,000 | ±0.0% |
| 2026 | 105,000 | +5.0% |
※ 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 repeating the listing, we checked the 2026 road price map and the exterior photographs to set out where we took the road price, how much the ground rises and falls, and what about the frontage we could not confirm.
What We Could Not Confirm
- There is no frontage information, so the width and status of the road, and whether the house can be rebuilt, cannot be confirmed from the listing.
- At 55 years old, the condition of the building and its repair history are best checked on site.
- The tenant's contract terms (term, deposit and so on) are not stated in the listing.
- With few restaurants or supermarkets nearby, the next letting will assume a tenant with a car.
※ 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 rental house in Terao, Kawagoe, Saitama, a 19-minute walk from Shingashi Station on the Tobu Tojo Line. A convenience store is about 490 m from the site and an Indian-Nepalese restaurant about 1,088 m. There are few restaurants or supermarkets nearby, so shopping here assumes a car.
Built in September 1970, it is a two-storey timber 3LDK with 71.97 sqm of land (21.77 tsubo) and 66.43 sqm of floor space. It is sold with the tenancy in place and currently let: JPY 60,000 a month, JPY 720,000 a year, a gross yield of 10.58% at full occupancy. The land is held freehold and zoned Category 1 Low-Rise Exclusive Residential, with a 50% building coverage ratio and a 100% floor area ratio. The interior appears to have been renovated, with a panelled feature wall in the living room and replaced flooring.
The listing gives no information about the frontage. The exterior photographs show the road and the plot at the same level, flat, with no retaining wall or stepped access — but because the road's width and status are unknown, whether the house can be rebuilt cannot be confirmed from the listing.
The inheritance-tax road price on the frontage is JPY 105,000 per sqm, giving a land assessed value of JPY 7.56 million, or 111.1% of the JPY 6.8 million asking price. The building is 55 years old, past the 22-year statutory life for timber, so its assessed value is zero.
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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