積算100
[Assessed 87.2%] Detached house in Narashino, Chiba — 14 min from Makuharihongo Sta.
Assessed 87.2%Detached houseNarashino, ChibaMakuharihongo Sta. 14 min walk

[Assessed 87.2%] Detached house in Narashino, Chiba — 14 min from Makuharihongo Sta.

Published: Aug 27, 2026Updated: Aug 27, 2026

Property Overview

LocationNarashino, Chiba
Nearest StationJR Sobu Line Makuharihongo Sta.
Walk14 min walk
Assessed Ratio87.2%Assessed 87.2%
Price¥24,990,000
TypeDetached house
Expected Yield7.2%
StructureWooden
BuiltBuilt Oct 2008 (17 years old)
Land Area132.28㎡
Building Area101.85㎡

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 ratio87.2%

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%
YearRoad price (JPY/m²)YoY
2024125,000
2025135,000+8.0%
2026140,000+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.

Effective land area

The land area is given as 132.28 sq m on one site and 145.28 sq m (registered) on another. We took the smaller and then deducted the 13 sq m of private road noted on the first, leaving 119.28 sq m for the assessment. That said, 145.28 is exactly 132.28 plus 13.00, so the second site may simply be quoting the total including the private road. On that reading the assessment ratio would rise to 94.5 percent.

Locating the road price

We identified the block for Saginumadai 3-chome on the 2026 roadside-value map (sheet 03146) and took 140,000 yen as the representative value, using the Saginumadai 3-chome park marked on the same sheet as a calibration point. The 12.0 percent rise over three years is among the steeper ones in our recent set.

View source
Building valuation assumptions

Built in October 2008, the timber structure is a full 17 years old as of August 2026. Five of the 22-year statutory service life remain, giving a building assessment of 5.09 million yen.

Rights and restrictions

The site fronts a designated-position road on the northeast with a frontage of about 10.7 metres; it is not reached across a separately titled private passage. The price differs by 1.51 million yen between the two sites, at 24.99 and 26.5 million yen, and we take the lower.

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

Lawson
16 min walk from the station

A convenience store on a local street in Saginumadai, about 220 metres from the property in a straight line.

Source
Libre Keisei Makuharihongo
5 min walk from the station

A supermarket in front of Makuharihongo Station, about 420 metres away in a straight line, easy to stop at on the way home.

Source
7-Eleven
15 min walk from the station

A convenience store toward Saginumadai, about 670 metres from the property in a straight line.

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Neighborhood ② Dining Near the Station

Bamiyan
14 min walk from the station

A Chinese family restaurant between the property and the station, about 690 metres from the property in a straight line.

Source
Keirin Gyoza Manzoku Makuharihongo
7 min walk from the station

A Chinese restaurant toward Makuharihongo Station, about 550 metres from the station in a straight line.

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Mos Burger
6 min walk from the station

A burger chain near Makuharihongo Station, about 480 metres away in a straight line.

Source

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

Assessed value ¥21,791,700 → estimated loan ¥21,790,000 (87% of the asking price)

Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

関西みらい銀行
Regional bankAssessed-value focusedStrong with detached houses
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。
滋賀銀行
Regional bankAssessed-value focusedStrong with detached houses
土地から新築OK。 好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 但し、産休中はNG。
信用金庫・信用組合のセゾンファンデックス保証付の不動産担保融資
Shinkin bankAssessed-value focusedStrong with detached houses
築古でも可。 築年数は問わず、土地の積算さえ出ていれば、20年程度の期間で融資してくれるケースが多い。 但し、立地が良くないと、担保評価が付かず取扱不可となる。 新築や築浅に関しても、建物の価値を適切に判断してくれる為、やりやすい。

General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

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