[Assessed 87.2%] Detached house in Narashino, Chiba — 14 min from Makuharihongo Sta.
Property Overview
| Location | Narashino, Chiba |
| Nearest Station | JR Sobu Line Makuharihongo Sta. |
| Walk | 14 min walk |
| Assessed Ratio | 87.2%Assessed 87.2% |
| Price | ¥24,990,000 |
| Type | Detached house |
| Expected Yield | 7.2% |
| Structure | Wooden |
| Built | Built Oct 2008 (17 years old) |
| Land Area | 132.28㎡ |
| Building Area | 101.85㎡ |
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 | ¥24,990,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥16,699,200 |
| Building assessed value | ¥5,092,500 |
| Total assessed value | ¥21,791,700 |
| Asking price | ¥24,990,000 |
| Assessed ratio | 87.2% |
Calculation basis
- Land assessed value was entered manually by the operator.
- Building = replacement cost ¥220,000/m² × floor area 101.85m² × remaining life 5y ÷ statutory life 22y
- Built Oct 2008 (17 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +12.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 125,000 | — |
| 2025 | 135,000 | +8.0% |
| 2026 | 140,000 | +3.7% |
※ 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 reprinting the listing, we checked the 2026 roadside land value map (sheet 03146) and reconciled the figures across two listing sites, including how to treat the discrepancies in area and price.
What We Could Not Confirm
- The breakdown behind the two land areas, 132.28 and 145.28 sq m, could not be settled. If the reading that includes the private road is correct, the assessment ratio would be 94.5 percent.
- The house is occupied under a leaseback and cannot be viewed. The listing also states that visitors to the site must not approach the owner directly.
- Under the contract the tenant bears maintenance and repair of the interior fittings, which is not how a typical tenancy divides those costs.
- The listing was registered in February 2026, about 6.8 months ago, and has had a price revision. Updates continue, but the property has been on the market for a while.
※ 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 detached house in Saginumadai 3-chome, Narashino, a 14-minute walk from Makuharihongo Station on the JR Sobu Line, with Keisei-Okubo Station on the Keisei Main Line also 15 minutes on foot. It sits in a Category 2 low-rise residential neighbourhood, with supermarkets and restaurants around the station. Tokyo Station is about 40 minutes away on the Sobu rapid service.
A two-storey timber 4LDK with 101.85 sq m of floor space on 132.28 sq m of land, built in October 2008. The site fronts a designated-position road about 4.0 metres wide on the northeast with a frontage of about 10.7 metres. It is currently tenanted under a leaseback by the registered owner, with expected annual income of 1.8 million yen for a 7.2 percent gross yield. Under the contract the tenant bears maintenance and repair of the fittings.
The 2026 inheritance-tax roadside land value is 140,000 yen per sq m. Deducting 13 sq m of private road leaves 119.28 sq m of usable land for a land assessment of 16.70 million yen; the building, 17 years old with five years of service life left, comes to 5.09 million yen. Together that is 21.79 million yen, or 87.2 percent of the 24.99 million yen asking price. The roadside value has risen 12.0 percent over three years from 125,000 yen in 2024.
Note that the land area differs between listing sites, given as 132.28 and 145.28 sq m. We took the smaller figure and then deducted the private road on top of that, which is how we arrive at the conservative 87.2 percent. The house cannot be viewed while it is occupied.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.