![[Assessed 81.1%] Apartment Building in Zama, Kanagawa — 15 min from Zama Sta.](https://www.kenbiya.com/upload/p4657/4657648/1787220850393-1.jpg)
[Assessed 81.1%] Apartment Building in Zama, Kanagawa — 15 min from Zama Sta.
Property Overview
| Location | Zama, Kanagawa |
| Nearest Station | Odakyu Odawara Line Zama Sta. |
| Walk | 15 min walk |
| Assessed Ratio | 81.1%Assessed 81.1% |
| Price | ¥55,000,000 |
| Type | Apartment building |
| Expected Yield | 7.9% |
| Structure | Light steel frame |
| Built | Built Dec 1977 (48 years old) |
| Land Area | 356.82㎡ |
| Building Area | 243.12㎡ |
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 | ¥55,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥44,602,500 |
| Building assessed value | ¥0 |
| Total assessed value | ¥44,602,500 |
| Asking price | ¥55,000,000 |
| Assessed ratio | 81.1% |
Calculation basis
- Land = road price ¥125,000/m² × land area 356.82m²
- Building = replacement cost ¥220,000/m² × floor area 243.12m² × remaining life 0y ÷ statutory life 22y
- Built Dec 1977 (48 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +4.2%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 120,000 | — |
| 2025 | 120,000 | ±0.0% |
| 2026 | 125,000 | +4.2% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
The listing gave only the chome, so we started by pinning down the block number. From there we went to the 2026 road price map and elevation data to check the road price and the fall across the site.
What We Could Not Confirm
- How the road price map is read matters here. One band lower, at JPY 120,000 per sqm, the figure is 77.9%; one band higher, at JPY 130,000, it is 84.3%. We confirmed on the map that no JPY 120,000 road bounds block 26, but this is a case to hold with some latitude.
- There is only one low-resolution site photograph, and the eastern, northern and southern boundaries cannot be checked from it.
- We put the fall between the road and the site at 0.7 to 0.9 m, but the photograph is low-resolution and the measurement is an estimate from elevation data. This is worth confirming on site.
- The listings disagree on the structure — reinforced concrete versus light-gauge steel.
- Income at full occupancy is quoted as JPY 4.345 million in one listing and JPY 4.428 million in another. The rent and contract terms for each unit are not broken down.
※ 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
An apartment building in Tateno-dai 3-chome, Zama, Kanagawa, a 15-minute walk from Zama Station on the Odakyu Odawara Line. A convenience store is about 397 m from the site, a supermarket about 448 m and a Japanese restaurant about 623 m.
Built in December 1977, it is a two-storey building of eight 2DK units (30.39 sqm each) with parking. The land is 356.82 sqm and the building 243.12 sqm, held freehold. It is sold tenanted: income at full occupancy is quoted between JPY 4.345 million and JPY 4.428 million depending on the listing, a gross yield of 7.90% to 8.05%. We have taken the lower figure, 7.90%. Zoning is Category 1 Low-Rise Exclusive Residential with a 50% building coverage ratio and a 100% floor area ratio; the frontage is a 6.1 m public road with a 16.4 m boundary to the west.
The listings disagree on the structure. Kenbiya says reinforced concrete; other listings say light-gauge steel, and the exterior photograph looks like light-gauge steel cladding. We have taken the conservative reading and calculated it as light-gauge steel.
The inheritance-tax road price on the frontage is JPY 125,000 per sqm. Land assessed at JPY 44.60 million with the 48-year-old building at zero, past its statutory life, gives 81.1% of the JPY 55 million asking price. One band lower on the road price brings that down to 77.9%, so how the map is read matters here.
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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