![[Assessed 109.4%] Apartment building in Fuchu, Tokyo — 4 min from Higashi-fuchu Sta.](https://www.kenbiya.com/upload/p4663/4663729/1787483388354-1.jpg)
[Assessed 109.4%] Apartment building in Fuchu, Tokyo — 4 min from Higashi-fuchu Sta.
Property Overview
| Location | Fuchu, Tokyo |
| Nearest Station | Keio Line Higashi-fuchu Sta. |
| Walk | 4 min walk |
| Assessed Ratio | 109.4%Assessed 109.4% |
| Price | ¥69,800,000 |
| Type | Apartment building |
| Expected Yield | 12.75% |
| Structure | Heavy steel frame |
| Built | Built Nov 1988 (37 years old) |
| Land Area | 231.4㎡ |
| Building Area | 292.12㎡ |
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 | ¥69,800,000View listing |
| Rakumachi | ¥69,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥76,362,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥76,362,000 |
| Asking price | ¥69,800,000 |
| Assessed ratio | 109.4% |
Calculation basis
- Land = road price ¥330,000/m² × land area 231.4m²
- Building = replacement cost ¥300,000/m² × floor area 292.12m² × remaining life 0y ÷ statutory life 34y
- Built Nov 1988 (37 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +15.8%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 285,000 | — |
| 2025 | 310,000 | +8.8% |
| 2026 | 330,000 | +6.5% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
An apartment building whose listing omits road access and zoning by format. We checked the road-price band across four map sheets and confirmed the conclusion holds on any route.
What We Could Not Confirm
- The road's direction, width, and legal classification are unverified. As these bear directly on rebuildability, on-site and municipal checks are a precondition.
- A 12.75 percent gross yield is above the area's norm. The rent breakdown, occupancy, and contract terms are not stated and need confirming.
- With no street number published, the location is fixed only to the district. We used a conservative road price within the district.
- Only one exterior photograph is available; the right side and rear of the plot are unverified by photo. Elevation data shows flat upland.
※ 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 single-building apartment in Wakamatsucho 1-chome, Fuchu City, Tokyo, a 4-minute walk from Higashi-fuchu Station on the Keio Line. A convenience store sits about 212 metres from the property and a supermarket about 222 metres.
"Raffine Heights" is a steel-framed two-storey building completed in November 1988 (37 years old) with six units (2K and 4LDK, 26 to 80 sqm), currently fully tenanted. Full-occupancy annual income is 8.9 million yen, a 12.75 percent gross yield. The 231.4 sqm plot (about 70 tsubo) is freehold, with no private-road burden stated.
Applying the fiscal 2026 inheritance-tax road price of 330,000 yen per sqm to the 231.4 sqm gives an assessed land value of 76.36 million yen. At 37 years old the steel-framed building is valued at zero. Against the 69.8 million yen asking price the assessed ratio is 109.4 percent. The road price has risen 15.8 percent over three years, from 285,000 to 330,000 yen.
Because of the listing site's format, road access, zoning, and coverage ratios are all unpublished. The photographs show the frontage road and the plot roughly level, on flat upland four minutes from the station, but the road's direction and width could not be verified. What we could confirm is set out in the research section below.
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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