積算100
日本語EN中文
[Assessed 87.4%] Apartment building in Itabashi Ward, Tokyo — 7 min from Naka-Itabashi Sta.
Assessed 87.4%Apartment buildingItabashi Ward, TokyoNaka-Itabashi Sta. 7 min walk

[Assessed 87.4%] Apartment building in Itabashi Ward, Tokyo — 7 min from Naka-Itabashi Sta.

Published: Sep 3, 2026Updated: Sep 3, 2026

Property Overview

LocationItabashi Ward, Tokyo
Nearest StationTobu Tojo Line Naka-Itabashi Sta.
Walk7 min walk
Assessed Ratio87.4%Assessed 87.4%
Price¥51,800,000
TypeApartment building
Expected Yield5.11%
StructureWooden
BuiltBuilt Dec 1971 (54 years old)
Land Area98.44㎡
Building Area102.46㎡

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¥51,800,000View listing

Assessed Value Breakdown

Land assessed value¥45,282,400
Building assessed value¥0
Total assessed value¥45,282,400
Asking price¥51,800,000
Assessed ratio87.4%

Calculation basis

  • Land = road price ¥460,000/m² × land area 98.44m²
  • Building = replacement cost ¥220,000/m² × floor area 102.46m² × remaining life 0y ÷ statutory life 22y
  • Built Dec 1971 (54 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +15.0%
YearRoad price (JPY/m²)YoY
2024400,000—
2025420,000+5.0%
2026460,000+9.5%

※ 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 repeating the listing, we geocoded the lot number, located the block on the 2026 road price map, and checked the frontage against the listing photo and elevation data.

Locating the road price

We converted the lot number (Futaba-cho 9-3) to GSI coordinates and identified block 9 on sheet 47083. The roads around the block read 500,000 (north), 500,000 (west), 510,000 (east) and 460,000 yen/㎡ (south, along the Shakujii River). The private road on the west has no road price, so we borrowed the lowest, 460,000. The same road read 400,000 in 2024, 420,000 in 2025 and 460,000 in 2026. The leasehold symbol is D.

View source
Effective land area

Kenbiya's land area excludes private road and no separate private road burden is listed, so the listed 98.44 ㎡ is used as the effective area. A setback of about 0.1 m is needed on the Article 42-2 road, but its area is not listed and was not deducted.

Building valuation assumptions

Wooden two-storey, built December 1971 (54 years old), 102.46 ㎡, four units (two 1K and two 2K, 23.66 to 29.23 ㎡ each). It exceeds the 22-year life for wooden buildings, so the building is valued at zero and the land alone gives 87.4%.

On-site check from photos

The listing has one exterior photo and one of the cherry trees. In the exterior photo the private road, the plot and the foundation are level, with no step or stairs. The block wall at the front west (seven courses, about 1.4 m) has the same ground level on both sides. The building is a single detached block; the wooden two-storey house to the right is separate. The mortar wall is cracked and the building looks its age. GSI 1 m elevation data reads 19.3 m on the plot, 19.4 m on the south road and 20.8 m on the north road, with no step to the road in front.

Rights and restrictions

Freehold. Fronts a private road on the west (Article 42-2 road, about 3.8 m wide, about 5.3 m frontage) requiring a setback on rebuilding. Category 1 residential zone, 60% coverage, 300% floor area ratio, quasi-fire-prevention area, no National Land Act notification. Fully tenanted, full-occupancy income 2.652 million yen a year, 5.11% yield. Immediate handover. With four units and 102 ㎡, Article 5 of the Tokyo building safety ordinance on special buildings does not apply.

Listing check

Released on 3 September 2026, next update due 3 December, brokered by Shomei Shoji Co. No listing of the property was found on Rakumachi or SUUMO, and athome could not be checked.

What We Could Not Confirm

  • The setback area is not listed and was not deducted. Whether the private road share and consent for passage and excavation exist is also not stated.
  • Only one front photo exists; the rear and level differences at neighbouring boundaries are unverified.
  • The 54-year-old building shows cracks in the mortar wall; repair history and condition are not listed.
  • No other listing of the property was found, so the listing could not be cross-checked.

※ 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

Yoshiya (supermarket)
6 min walk from the station

Supermarket/convenience store about 205 m in a straight line from the lot coordinates.

Source
7-Eleven
8 min walk from the station

Supermarket/convenience store about 285 m in a straight line from the lot coordinates.

Source
ファミリーマート
13 min walk from the station

Supermarket/convenience store about 386 m in a straight line from the lot coordinates.

Source

Neighborhood ② Dining Near the Station

Menya Miyata (ramen)
12 min walk from the station

Restaurant/cafe about 142 m in a straight line from the lot coordinates.

Source
Noboriya (restaurant)
5 min walk from the station

Restaurant/cafe about 260 m in a straight line from the lot coordinates.

Source
Matsuya
5 min walk from the station

Restaurant/cafe about 309 m in a straight line from the lot coordinates.

Source

About This Property

⚠️ The road in front is a private road on the west, classed as an Article 42-2 road with a width of about 3.8 m and a frontage of about 5.3 m. Rebuilding would require a setback, but the setback area is not listed and has not been deducted. This private road carries no road price, so we borrowed the lowest of the four public roads around the block, 460,000 yen/㎡. The road price needed for 80% is 420,970 yen/㎡, a margin of 9.3%. The 500,000 yen/㎡ roads to the north and west would give 95.0%, the 510,000 road to the east 96.9%, and even the lowest nearby value of 440,000 gives 83.6%.

⚠️ The listing has one exterior photo and one of the cherry trees, so only the front of the building could be checked. The private road, the plot and the foundation are level, with no step or stair access. The block wall at the front west (seven courses, about 1.4 m) is a screen wall with the same ground level on both sides, not a retaining wall. The building is a single detached block, not a terrace. The rear and the neighbouring boundaries are unverified. No other listing of the property was found.

An apartment building, Ryokufuso, at Futaba-cho 9-3, Itabashi Ward, 7 minutes on foot from Naka-Itabashi Station on the Tobu Tojo Line (12 minutes from Itabashi-Honcho on the Toei Mita Line, 14 from Oyama). Price 51.8 million yen, land 98.44 ㎡ (excluding private road), freehold. Wooden two-storey, four units (two 1K and two 2K), 102.46 ㎡ total floor area, built December 1971. Category 1 residential zone, 60% building coverage, 300% floor area ratio, quasi-fire-prevention area. Fully tenanted, with a listed full-occupancy income of 2.652 million yen a year and a 5.11% gross yield. The Shakujii River cherry-tree walk is close by.

The 54-year-old building is valued at zero, and the land alone gives an assessed ratio of 87.4%. Immediate handover, brokered by Shomei Shoji Co., listed on 3 September 2026. Ikebukuro is about 10 minutes from Naka-Itabashi on the Tobu Tojo Line.

Estimated Financing

Assessed value ¥45,282,400 → estimated loan ¥45,280,000 (87% of the asking price)

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

Suggested Lenders

静岡銀行
Regional bankLand-value focusedStrong with apartment buildingsGood with older buildings
本業年収700万円以上が検討対象。 相続税路線価から算出した「土地の積算」が60%以上出ていれば、基本的にフルローンとなる。 修正後バランスシートも重視しており、属性枠だけで終了する訳ではない為、可能な限り「土地」が高積算の物件を買い進めていきたい。
L&Fアセットファイナンス
Non-bank lenderLand-value focusedStrong with apartment buildingsGood with older buildings
土地値が出る築古系が得意。 属性はほぼ問わない。 どんなに担保評価が付いたとしても8割融資が目安。 建物の価値に対してはほぼ担保評価を付けてくれない為、新築や築浅の物件は要注意。 但し、建売の売れ残りや変形地等の場合は、土地が広くて担保評価が伸びたり、賃料が高くて収益還元評価が伸びたりして、思わずハマるケースがある。 また、産休中でも行けた、貴重な存在の金融機関である。
関西みらい銀行
Regional bankAssessed-value focusedStrong with apartment buildings
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。

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

Ask About This PropertyWe offer purchase consultation, brokerage and consulting services.Found an error in this listing? Let us know here

More in This Area

[Assessed 144.3%] Apartment building in Toshima Ward, Tokyo — 15 min from Ikebukuro Sta.
Assessed 144.3%
Source: Kenbiya / Rakumachi
Apartment building
2 sites

[Assessed 144.3%] Apartment building in Toshima Ward, Tokyo — 15 min from Ikebukuro Sta.

Toshima Ward, TokyoJR Yamanote Line Ikebukuro Sta. 15 min walk
¥34.8MExpected Yield 9.1%
Sep 18, 2026
[Assessed 81.8%] Condominium building in Adachi Ward, Tokyo — 9 min from Nishiarai-daishi-nishi Sta.
Assessed 81.8%
Source: Rakumachi
Condominium building

[Assessed 81.8%] Condominium building in Adachi Ward, Tokyo — 9 min from Nishiarai-daishi-nishi Sta.

Adachi Ward, TokyoNippori-Toneri Liner Nishiarai-daishi-nishi Sta. 9 min walk
¥1.7500MExpected Yield 6.01%
Sep 18, 2026
[Assessed 94.7%] Land in Musashimurayama, Tokyo — 17 min from Sakura-Kaido Sta.
Assessed 94.7%
Source: athome
Land

[Assessed 94.7%] Land in Musashimurayama, Tokyo — 17 min from Sakura-Kaido Sta.

Musashimurayama, TokyoTama Monorail Sakura-Kaido Sta. 17 min walk
¥10.9M
Sep 18, 2026