[Assessed 87%] Detached house in Kawasaki (Saiwai Ward), Kanagawa — 7 min from Shin-Kawasaki Sta.
Property Overview
| Location | Kawasaki (Saiwai Ward), Kanagawa |
| Nearest Station | JR Yokosuka Line Shin-Kawasaki Sta. |
| Walk | 7 min walk |
| Assessed Ratio | 87%Assessed 87% |
| Price | ¥26,000,000 |
| Type | Detached house |
| Expected Yield | 6% |
| Structure | Wooden |
| Built | Built Aug 2001 (25 years old) |
| Land Area | 72.98㎡ |
| Building Area | 116.86㎡ |
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 | ¥26,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥22,623,800 |
| Building assessed value | ¥0 |
| Total assessed value | ¥22,623,800 |
| Asking price | ¥26,000,000 |
| Assessed ratio | 87% |
Calculation basis
- Land = road price ¥310,000/m² × land area 72.98m²
- Building = replacement cost ¥220,000/m² × floor area 116.86m² × remaining life 0y ÷ statutory life 22y
- Built Aug 2001 (25 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +17.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 265,000 | — |
| 2025 | 285,000 | +7.5% |
| 2026 | 310,000 | +8.8% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because the listing publishes the lot number, we matched it against the block symbols on the road price map to pin down the price band. Where the single exterior photo falls short, we filled the gap with elevation data.
What We Could Not Confirm
- The fields for road access, zoning, building coverage ratio, floor area ratio, land category and city planning area are all blank in the listing. Neither the width nor the type of the frontage road is known.
- The listing describes a three-storey wooden house, but the exterior photograph looks like two storeys. The number of storeys needs confirming with the seller.
- The property is occupied under a sale-and-leaseback arrangement, so viewings are not possible. The interior can only be judged from the listing photographs.
- The listing states that the tenant bears maintenance and repair of interior fixtures during the leaseback, but the term and renewal conditions of the lease are not given.
- The rear and left-side boundaries of the site do not appear in the photograph, so retaining walls on those sides are unverified.
※ 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 pre-owned detached house in Kitakase 1-chome, Saiwai Ward, Kawasaki City, Kanagawa, a 7-minute walk from Shin-Kawasaki Station on the JR Yokosuka Line and Shonan-Shinjuku Line. The listing gives the lot number, so the location can be pinpointed: a convenience store sits about 210 metres away and a restaurant about 292 metres. Shinagawa and Tokyo are reachable without changing trains.
The land measures 72.98 sqm (registry) and the building 116.86 sqm, a three-storey wooden house built in August 2001. The land is held in freehold. The current owner lives there and will stay on as a tenant under an ordinary lease after the sale, a sale-and-leaseback arrangement. Annual income is projected at 1.56 million yen for a gross yield of 6.00 percent. Because the property is occupied, viewings are not possible.
Applying the fiscal 2026 inheritance-tax road price of 310,000 yen per sqm to the 72.98 sqm site gives a land value of 22.62 million yen. At 25 years old the wooden structure has passed its 22-year statutory useful life, so the building is valued at zero and the entire assessed value comes from the land. Against the 26 million yen asking price the assessed ratio is 87.0 percent. The road price has risen 17.0 percent over three years, from 265,000 to 310,000 yen.
The fields for road access, zoning, building coverage ratio and floor area ratio are all blank in the listing. The listing also describes a three-storey wooden house, but the exterior photograph looks like two storeys. The research section below separates what we could verify from what we could not.
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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