[Assessed 96.1%] Detached house in Katsushika Ward, Tokyo — 11 min from Kanamachi Sta.

This is a pre-owned detached house, currently rented out, in Niijuku 5-chome, Katsushika Ward, Tokyo. The nearest station is Kanamachi on the JR Joban Line, an 11-minute walk; the listing also gives a 10-minute walk to Keisei Kanamachi Station on the Keisei Kanamachi Line. The listing gives no nearby facilities, so we measured straight-line distances from the position on the Rakumachi listing map to each OpenStreetMap position: a 7-Eleven in Niijuku 5-chome about 150 m, Inageya in Niijuku 6-chome and Seiyu in Niijuku 4-chome about 380 m each, and for dining, Saizeriya and Kura Sushi in Niijuku 6-chome about 430 m and Jonathan's in Kanamachi 4-chome about 500 m.

The building is a three-storey wooden house built in July 1992 with a total floor area of 96.67 ㎡. The layout is given as "3LDK or more" on Kenbiya and as "5LDK" on Rakumachi, which lists the same property. The land is 69.18 ㎡ of freehold (registered as residential land) with no private road share stated, in a Category 1 Residential Zone with a 60% building coverage ratio and a 200% floor area ratio. ⚠️ The road access field is blank on both Kenbiya and Rakumachi, so the direction, width and type of the front road are unknown. The exterior photos show a paved road about wide enough for one car, level with the lot, with no retaining wall or steps up from the road, but the road access conditions that decide whether the house can be rebuilt need to be confirmed with the broker. ⚠️ The house is one of several identical-looking houses in a subdivision; we could confirm that it is not attached to its neighbour on one side only, and the rear boundary does not appear in the photos.

The house is currently tenanted and sold with the tenant in place. The listing gives an assumed annual income of 1.572 million yen (131,000 yen per month) and a gross yield of 8.73%. We used the 2026 route price of 250,000 yen/㎡ (leasehold ratio D), which has risen about 11.1% over three years. Because the building has passed the 22-year statutory useful life for wooden buildings, its assessed value is zero, and the land alone gives an assessed value of about 96.1% of the 18 million yen price. ⚠️ As the width of the front road is not disclosed, we have not deducted any land for a road setback. If the road is narrower than 4 m and a setback is required, the usable lot area and the assessment ratio would both fall.

The route-price value of the land explains most of the price, but the road access conditions, the second side of the row-house check, the rear boundary and the differing layout descriptions could not be confirmed from the listings. The property has been listed on Rakumachi since June 23, 2026 (registered on Kenbiya on September 24, 2026). The broker is Riaru Co., Ltd. (株式会社リアール). Anyone considering it needs to confirm the road type, width and frontage, as well as the lease terms, with the broker.