[Assessed 123.5%] Detached house in Hanamigawa Ward, Chiba City, Chiba — 9 min from Keisei-Owada Sta.
Property Overview
| Location | Hanamigawa Ward, Chiba City, Chiba |
| Nearest Station | Keisei Main Line Keisei-Owada Sta. |
| Walk | 9 min walk |
| Assessed Ratio | 123.5%Assessed 123.5% |
| Price | ¥6,000,000 |
| Type | Detached house |
| Expected Yield | 8% |
| Structure | Wooden |
| Built | Built Nov 1978 (47 years old) |
| Land Area | 88.2㎡ |
| Building Area | 66.65㎡ |
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 | ¥6,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥7,408,800 |
| Building assessed value | ¥0 |
| Total assessed value | ¥7,408,800 |
| Asking price | ¥6,000,000 |
| Assessed ratio | 123.5% |
Calculation basis
- Land = road price ¥84,000/m² × land area 88.2m²
- Building = replacement cost ¥220,000/m² × floor area 66.65m² × remaining life 0y ÷ statutory life 22y
- Built Nov 1978 (47 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +3.7%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 81,000 | — |
| 2025 | 83,000 | +2.5% |
| 2026 | 84,000 | +1.2% |
※ 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 calibrated a roadside value map with no embedded text by measuring the city boundary on the ground and matching the street pattern, then opened the three listing photographs at full size to check the ground around the site.
What We Could Not Confirm
- The road frontage field is blank, so neither the classification nor the width of the road in front is known. The property appears on none of the other three sites nor on the agent's own website, so we could not retrieve the details. The photographs do at least confirm a corner plot fronting paved local roads directly.
- The leaseback rent of 40,000 yen a month is low compared with similar nearby houses. The local rental market itself is not given in the listing and we have not checked it.
- The building is 48 years old. The costs of making good, refurbishing or demolishing when the current tenant leaves are not reflected in the price.
- The area around the golf course about 150 metres south is a multiplier zone. The property sits about 150 metres north of that within the roadside-value zone, but close to the boundary.
- No layout or fittings are given in the listing. The house is tenanted, so inspecting the interior may also be difficult.
※ 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 rental house in Yokoto-cho, Hanamigawa Ward, Chiba, a 9-minute walk from Keisei-Owada Station on the Keisei Main Line. The address is published down to the lot number. A convenience store and a supermarket sit by the station, and a Chinese restaurant is about 350 metres from the property. Route 16 lies about 600 metres east, so the site is inside it.
A two-storey timber house on 88.2 sq m of land with 66.65 sq m of floor area, built in November 1978. Zoning is Category 1 low-rise residential with a 50 percent building coverage ratio and a 100 percent floor area ratio; the title is freehold and no private-road burden is stated. It is let, on a sale-and-leaseback in which the current owner stays on as tenant — 40,000 yen a month at a gross yield of 8.00 percent. At 47 years old we carry the building at zero.
The 2026 inheritance-tax roadside land value is 84,000 yen per sq m, giving a land assessment of 7.41 million yen, or 123.5 percent of the 6 million yen asking price. The roadside value has risen 3.7 percent over three years from 81,000 yen in 2024.
Note that the road frontage field is blank, so neither the classification nor the width of the road in front is known. The photographs show a corner plot fronting two paved local roads directly, but the property appears on no other site so we could not retrieve the 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.