[Assessed 90%] Apartment building in Koganei, Tokyo — 17 min from Higashi-Koganei Sta.
Property Overview
| Location | Koganei, Tokyo |
| Nearest Station | JR Chuo Line Higashi-Koganei Sta. |
| Walk | 17 min walk |
| Assessed Ratio | 90%Assessed 90% |
| Price | ¥35,000,000 |
| Type | Apartment building |
| Expected Yield | 4.96% |
| Structure | Wooden |
| Built | Built Oct 1990 (35 years old) |
| Land Area | 110.52㎡ |
| Building Area | 105.7㎡ |
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 | ¥35,000,000LowestView listing |
| Rakumachi | ¥35,500,000View listing |
※ Listed prices differ between sites — a price cut may not be reflected everywhere yet. The lowest listed price is used as the price in this article.
Assessed Value Breakdown
| Land assessed value | ¥31,498,200 |
| Building assessed value | ¥0 |
| Total assessed value | ¥31,498,200 |
| Asking price | ¥35,000,000 |
| Assessed ratio | 90% |
Calculation basis
- Land = road price ¥285,000/m² × land area 110.52m²
- Building = replacement cost ¥220,000/m² × floor area 105.7m² × remaining life 0y ÷ statutory life 22y
- Built Oct 1990 (35 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +9.6%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 260,000 | — |
| 2025 | 270,000 | +3.8% |
| 2026 | 285,000 | +5.6% |
※ 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 reconciled the land area that differs between two agents against the floor-area ratio and unit layout, and checked the figures against the 2026 roadside value map and the exterior photograph on the other listing.
What We Could Not Confirm
- We use the registered land area of 110.52 sq m, but another agent lists 94.54 sq m. The area should be confirmed against the land register.
- The only site photograph is a single 2016 exterior; the east (rear) side and the level difference at the boundaries could not be checked.
- One of the three units is under contract; current rent of 1.764 million yen a year is below the fully-let projection of 2.904 million. Whether the contract completes, and at what rent, should be confirmed with the agent.
※ 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 single-building apartment in Kajinocho 3-chome, Koganei City, a 17-minute walk from Higashi-Koganei Station on the JR Chuo Line. The site lies in the residential area north of Hosei University's Koganei campus, with a FamilyMart about 250 m away and an OK supermarket about 710 m away.
The building is a two-storey timber structure completed in October 1990 with three units (two 2K and one 1DK, each 34–36 sq m) over a three-car pilotis car park on the ground floor. The land is freehold, 110.52 sq m by the register, with an 11.3 m frontage on a 4.0 m public road to the west and no private-road burden. Zoning is Category 1 low-rise residential (50 percent coverage, 100 percent floor area) in a Category 1 height district and quasi-fire-prevention area. As of 13 September 2026 the listing agent reports two of the three units let and one under contract, with current rent of 1.764 million yen a year (about 4.96 percent on the asking price) and one car space vacant.
The asking price is 35 million yen (the price carried by another agent since July 2026; the listing agent asks 35.5 million). The 2026 inheritance-tax roadside land value is 285,000 yen per sq m, giving a land assessment of 31.5 million yen and an assessment ratio of 90.0 percent (88.7 percent at 35.5 million). The timber building has passed its statutory useful life and is valued at zero. The roadside value has risen 9.6 percent over three years from 260,000 yen in 2024.
⚠️ The land area differs between listings. The listing agent's three listings state "110.52 sq m by the register (33.4 tsubo), 11.3 m frontage", while another agent's listing states "94.54 sq m by the public register". Because the 105.70 sq m floor area fits the 100 percent floor area ratio only at 110.52 sq m, and the other agent's listing also disagrees on layout, occupancy and parking, we use the figure explicitly given as the registered area. At 94.54 sq m the ratio would be 77.0 percent. The only site photograph is a single 2016 street-view exterior on the other agent's listing, so we recommend confirming the registered area and the site with the agent.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
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