積算100
[Assessed 90.4%] Detached house in Edogawa Ward, Tokyo — 13 min from Ichinoe Sta.
Assessed 90.4%Detached houseEdogawa Ward, TokyoIchinoe Sta. 13 min walk

[Assessed 90.4%] Detached house in Edogawa Ward, Tokyo — 13 min from Ichinoe Sta.

Published: Sep 22, 2026Updated: Sep 22, 2026

Property Overview

LocationEdogawa Ward, Tokyo
Nearest StationToei Shinjuku Line Ichinoe Sta.
Walk13 min walk
Assessed Ratio90.4%Assessed 90.4%
Price¥13,990,000
TypeDetached house
Expected Yield6%
StructureWooden
BuiltBuilt Apr 1971 (55 years old)
Land Area46㎡
Building Area47.37㎡

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¥13,990,000View listing
Rakumachi¥13,990,000View listing

Assessed Value Breakdown

Land assessed value¥12,650,000
Building assessed value¥0
Total assessed value¥12,650,000
Asking price¥13,990,000
Assessed ratio90.4%

Calculation basis

  • Land = road price ¥275,000/m² × land area 46m²
  • Building = replacement cost ¥220,000/m² × floor area 47.37m² × remaining life 0y ÷ statutory life 22y
  • Built Apr 1971 (55 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +7.8%
YearRoad price (JPY/m²)YoY
2024255,000
2025260,000+2.0%
2026275,000+5.8%

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 copying the listing, we checked the 2026 roadside land price map (sheet 53089), the four listing photos and the duplicate listing on Rakumachi to verify the figures and the state of the plot.

Locating the road price

On the 2026 roadside land price map (sheet 53089) we traced every local street in Nishi-Mizue 3-chome. The most common value, appearing on more than 20 segments, is JPY 275,000 per sqm, which we adopted; bands of 295,000, 290,000 and 285,000 follow, and the blocks around the property are surrounded by 270,000 to 310,000 bands. The same street moved 255,000 → 260,000 → 275,000 over three years, a rise of about 7.8%.

View source
Effective land area

We used the registered 46 sqm as is. Kenbiya defines its land area as excluding private-road portions, so the note about a private-road burden was not deducted again; the Rakumachi listing also shows 46.00 sqm with the private-road field blank. Because the road width is not listed, we also tested a 3 m Article 42-2 road: a setback to 2 m from the centre line would remove about 2.5 sqm and give an assessed ratio of 85.5%; at 2.7 m about 3.3 sqm would go, giving 84.0%.

On-site check from photos

We reviewed the four listing photos (two exteriors, one entrance side, one floor plan). The plot fronts a lane about 3 to 4 m wide on its west side, at the same level as the road with no steps or stairs. No retaining walls appear at the front or on either side boundary, and gaps with independent downpipes and air-conditioning units show it is a standalone house rather than a terrace. There is no corridor-shaped strip, so it is not a flag-shaped lot.

Listing check

The same property is also listed on Rakumachi as a DIY rental in Nishi-Mizue 3-chome (registered 17 September 2026), and the price, land area, floor area, build date and walking time all match the Kenbiya listing. We did not find it on SUUMO or Yahoo! Real Estate. It is currently vacant, and the seller assumes rent of JPY 70,000 per month for a tenant who renovates the interior.

Rights and restrictions

The land is sold with liability for non-conformity, the building as-is, and leftover items are to be removed at the seller's expense. Zoning is Category 1 medium-to-high-rise residential (coverage 50%, floor area ratio 100%), the land is freehold and the agent holds an exclusive listing. The registered land category is shown as miscellaneous land, which is unusual for a house plot.

What We Could Not Confirm

  • The road access field is blank, so the width and type of the front road, rebuildability and any setback requirement cannot be read from the listing. By eye the lane is 3 to 4 m wide.
  • The listing notes a private-road burden but does not disclose its area or share.
  • The land category is shown as miscellaneous land; the registered category and actual use need to be confirmed.
  • The position on the roadside price map is an estimate from block numbers (about ±60 m), so the fronting band could be anywhere from 270,000 to 310,000 yen per sqm. None of these bands takes the assessed ratio below 80%.
  • At 46 sqm the plot is small; the size of any rebuild at 50% coverage and 100% floor area ratio, and whether a minimum lot size rule applies, need to be checked with the ward office.

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

Maruetsu Ichinoe
1 min walk from the station

Food supermarket in front of Ichinoe Station, about 650 m in a straight line from the property's block.

Source
Acole Ichinoe
2 min walk from the station

Discount supermarket near the station, about 610 m in a straight line from the property's block.

Source
Yamaichi Ichinoe Ekimae
2 min walk from the station

Fresh-food supermarket by the station, about 760 m in a straight line from the property's block.

Source

Neighborhood ② Dining Near the Station

Gyoza no Ohsho Ichinoe Ekimae
2 min walk from the station

Chinese restaurant chain by the station, about 570 m in a straight line from the property's block.

Source
Saizeriya Ichinoe Ekimae
2 min walk from the station

Italian family restaurant chain by the station, about 760 m in a straight line from the property's block.

Source
Komeda's Coffee Ichinoe
1 min walk from the station

Coffee-house chain by the station, about 730 m in a straight line from the property's block.

Source

About This Property

A two-storey wooden detached house in Nishi-Mizue 3-chome, Edogawa Ward, 13 minutes on foot from Ichinoe Station on the Toei Shinjuku Line and 15 minutes from Mizue Station. Shinjuku is about 36 minutes away without a transfer, so tenants commuting into central Tokyo are a realistic target. The surroundings are a quiet low-rise residential area, and supermarkets, drugstores and chain restaurants cluster around the station.

The house was built in April 1971 (55 years old), with a 3DK layout, a total floor area of 47.37 sqm (27.54 sqm on the first floor and 19.83 sqm on the second) and a 46 sqm freehold plot (registered area). It is currently vacant. The seller markets it as a DIY rental where tenants may renovate the interior themselves, assuming rent of JPY 70,000 per month, which gives a listed gross yield of 6.00%. Zoning is Category 1 medium-to-high-rise residential (building coverage 50%, floor area ratio 100%). The land is sold with liability for non-conformity while the building is sold as-is, and leftover items are to be removed at the seller's expense.

On the valuation side, the 2026 inheritance-tax roadside land price is JPY 275,000 per sqm, up about 7.8% over three years (255,000 → 260,000 → 275,000). The land value comes to JPY 275,000 × 46 sqm = JPY 12.65 million, the building is valued at zero because it exceeds its statutory useful life, and the assessed ratio against the JPY 13.99 million asking price is 90.4%. Land alone covers about nine tenths of the price.

⚠️ The listing gives no road width, road type or rebuildability. In the photos the plot fronts a lane on its west side that looks 3 to 4 m wide by eye. If it is a 3 m Article 42-2 road, a setback to 2 m from the road centre would remove about 2.5 sqm of usable land and lower the assessed ratio to the mid-80s. The listing notes a private-road burden without disclosing its area or share, and the registered land category is shown as miscellaneous land. Confirming rebuildability and road access should come first.

Estimated Financing

Assessed value ¥12,650,000 → estimated loan ¥12,650,000 (90% 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 detached housesGood 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 detached housesGood 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 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。

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

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