![[Assessed 102.7%] Condominium building in Midori Ward, Sagamihara, Kanagawa — 15 min from Hashimoto Sta.](https://toushi.homes.co.jp/upload/p4734/4734429/1782733981341-1.jpg)
[Assessed 102.7%] Condominium building in Midori Ward, Sagamihara, Kanagawa — 15 min from Hashimoto Sta.
Property Overview
| Location | Midori Ward, Sagamihara, Kanagawa |
| Nearest Station | JR Yokohama Line Hashimoto Sta. |
| Walk | 15 min walk |
| Assessed Ratio | 102.7%Assessed 102.7% |
| Price | ¥199,800,000 |
| Type | Condominium building |
| Expected Yield | 5.24% |
| Structure | Reinforced concrete (RC) |
| Built | Built Mar 2002 (24 years old) |
| Land Area | 543.4㎡ |
| Building Area | 479.98㎡ |
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 | ¥199,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥127,699,000 |
| Building assessed value | ¥77,511,664 |
| Total assessed value | ¥205,210,664 |
| Asking price | ¥199,800,000 |
| Assessed ratio | 102.7% |
Calculation basis
- Land = road price ¥235,000/m² × land area 543.4m²
- Building = replacement cost ¥330,000/m² × floor area 479.98m² × remaining life 23y ÷ statutory life 47y
- Built Mar 2002 (24 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +9.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 215,000 | — |
| 2025 | 225,000 | +4.7% |
| 2026 | 235,000 | +4.4% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
We counted the local block roads of Higashihashimoto 2-chome on two sheets of the FY2026 route price map, checked the step to the frontage road in seven listing photos, and located nearby transmission lines on OpenStreetMap.
What We Could Not Confirm
- The listing does not state whether the site lies under a high-voltage line or how much of it would be restricted. If it does, building restrictions apply and the assessed value, which makes no area deduction, overstates the real value. This needs to be confirmed with the broker.
- Because the lot number is not disclosed, the frontage road has not been identified. The representative 235,000 yen/m² is the lowest band in the chome; if the site faces one of the other bands (245,000–255,000 yen/m²), the ratio would be about 105–108%.
- We found no listing of the same property on other sites, so road access and other restrictions are confirmed only from the single Kenbiya listing.
- The current number of occupied units and the rent roll are not in the listing; the 5.24% gross yield assumes full occupancy.
- Only part of the northwest boundary behind the building appears in the photos; the visible section is a fence at the same level as the neighbouring lot.
※ 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 whole-building apartment block (mansion-type) in Higashihashimoto 2-chome, Midori Ward, Sagamihara, Kanagawa, a 15-minute walk from Hashimoto Station on the JR Yokohama Line, JR Sagami Line and Keio Sagamihara Line. The site is in a Category 1 residential zone (60% building coverage, 200% floor area ratio) and a quasi-fire prevention district within the urbanization promotion area, land category residential, with freehold land. It fronts a 6.0 m public road on the southeast side, and the listing shows no private-road burden.
The building is a three-storey reinforced concrete structure completed in March 2002, with a total floor area of 479.98 m² and eight units of 57.82 m² each. The land is 543.40 m², with parking for nine cars at the rear. It is currently leased; projected annual income at full occupancy is 10,480,800 yen (including parking fees), for a gross yield of 5.24%. The transaction is through a broker.
For the route price, we counted the local block roads of Higashihashimoto 2-chome on two sheets of the FY2026 route price map and adopted 235,000 yen/m², which is both the most frequent and the lowest band in the chome. The assessed-value ratio is about 102.7%. The lot number is not disclosed and the frontage road has not been identified, but the ratio would not fall if the site faces one of the other bands in the chome (245,000–255,000 yen/m²). The building is 24 years old, so 23 of its 47-year statutory useful life are counted, and the building accounts for about 40% of the assessed value. The same road section was 215,000 yen/m² in 2024 and 225,000 yen/m² in 2025.
⚠️ Three TEPCO Power Grid transmission lines (66 kV and 154 kV) run through Higashihashimoto 2-chome, and a transmission tower is visible beyond the neighbouring houses in the listing photos. The listing does not say whether the site lies under a high-voltage line or how much of it would be restricted. If it does, building restrictions apply and the assessed value, which makes no area deduction, overstates the real value. In the seven listing photos, the step to the frontage road is only a low block base, with no retaining wall or stair access. Distances to nearby facilities are straight-line distances from the chome centroid.
Estimated Financing
Suggested Lenders
※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.
Learn About Assessed Value and Financing
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