[Assessed 111.6%] Condominium building in Matsudo, Chiba — 5 min from Goko Sta.
Property Overview
| Location | Matsudo, Chiba |
| Nearest Station | Keisei Matsudo Line Goko Sta. |
| Walk | 5 min walk |
| Assessed Ratio | 111.6%Assessed 111.6% |
| Price | ¥290,000,000 |
| Type | Condominium building |
| Expected Yield | 5.65% |
| Structure | Reinforced concrete (RC) |
| Built | Built Mar 2007 (19 years old) |
| Land Area | 1,106.48㎡ |
| Building Area | 688.86㎡ |
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 | ¥290,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥188,101,600 |
| Building assessed value | ¥135,426,945 |
| Total assessed value | ¥323,528,545 |
| Asking price | ¥290,000,000 |
| Assessed ratio | 111.6% |
Calculation basis
- Land = road price ¥170,000/m² × land area 1,106.48m²
- Building = replacement cost ¥330,000/m² × floor area 688.86m² × remaining life 28y ÷ statutory life 47y
- Built Mar 2007 (19 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +17.2%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 145,000 | — |
| 2025 | 155,000 | +6.9% |
| 2026 | 170,000 | +9.7% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
The road price map splits across four sheets here, and the price for the prefectural road out front appears only on the adjacent sheet. The listed 16-metre width was what let us follow it through.
What We Could Not Confirm
- The sale is conditional on taking over the sublease. The 5.65 percent gross yield appears to rest on sublease rent, but the gap against actual rents, the fee rate, and the revision terms cannot be read from the listing.
- The agent's name is not output in the static part of the listing page and could not be confirmed.
- With 28 years remaining, the building carries 135.43 million yen of assessed value, so the actual condition of the structure and services is where reality may diverge from the figure. No repair history is published.
- Nearby facilities come from OpenStreetMap because the listing carries none, and are straight-line distances from the property.
※ 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 whole-block apartment building for sale in Tokiwadaira 5-chome, Matsudo City, Chiba, a 5-minute walk from Goko Station on the Keisei Matsudo Line. An Anrakutei restaurant sits about 46 metres away, a sushi restaurant about 63 metres, The Price supermarket about 116 metres, and a FamilyMart about 122 metres — the property sits inside the station's everyday radius.
The 1,106.48 sqm plot (registered) carries a 688.86 sqm reinforced-concrete building of three storeys dating from March 2007, with 15 units of 42.38 to 61.45 sqm. It is tenanted and sold with tenants in place at a gross yield of 5.65 percent. It is a corner plot fronting a 6-metre public road to the west and a 16-metre public road to the south (the Matsudo-Kamagaya prefectural road), zoned Category 2 residential (60 percent coverage, 200 percent floor-area ratio).
Applying the fiscal 2026 inheritance-tax road price of 170,000 yen per sqm gives a land value of 188.10 million yen, and the reinforced-concrete building adds 135.43 million yen, for an assessed total of 323.53 million yen. Against the 290 million yen asking price the assessed ratio is 111.6 percent. The road price has risen 17.2 percent over three years, from 145,000 to 170,000 yen.
⚠️ This sale is conditional on taking over the existing sublease. The listing states that after completion the Daito Kentaku group continues to manage the building and handle letting. See the research section below for details.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.