[Assessed 89.1%] Detached house in Narashino, Chiba — 20 min from Makuhari-Hongo Sta.
Property Overview
| Location | Narashino, Chiba |
| Nearest Station | JR Sobu-Chuo Local Line Makuhari-Hongo Sta. |
| Walk | 20 min walk |
| Assessed Ratio | 89.1%Assessed 89.1% |
| Price | ¥32,000,000 |
| Type | Detached house |
| Expected Yield | 6.33% |
| Structure | Wooden |
| Built | Built Apr 2014 (12 years old) |
| Land Area | 128.07㎡ |
| Building Area | 105.98㎡ |
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.
| Rakumachi | ¥32,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥17,929,800 |
| Building assessed value | ¥10,598,000 |
| Total assessed value | ¥28,527,800 |
| Asking price | ¥32,000,000 |
| Assessed ratio | 89.1% |
Calculation basis
- Land = road price ¥140,000/m² × land area 128.07m²
- Building = replacement cost ¥220,000/m² × floor area 105.98m² × remaining life 10y ÷ statutory life 22y
- Built Apr 2014 (12 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +16.7%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 120,000 | — |
| 2025 | 130,000 | +8.3% |
| 2026 | 140,000 | +7.7% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
We checked the six listing images on Rakumachi (exterior, property summary, registry records, survey map and flooding warning map) and the Reiwa 8 roadside price maps to confirm the block, lot shape, road frontage and ground levels.
What We Could Not Confirm
- The southeast (rear) boundary is not shown in any photo, so any level difference or retaining structure there has not been confirmed. We also could not compare elevations with surrounding points.
- The house is leased by a corporation, but the lease term, cancellation terms and rent revision arrangements are not stated in the listing.
- The listing does not explain the gap between the assumed rent (169,000 yen per month) and the current rent in the text (160,900 yen per month).
- The exterior photo is a Street View capture of unknown date, so the present condition of the exterior walls, roof and the rest of the building needs to be checked at a viewing.
- A mortgage is registered in the rights section of the registry; whether it will be discharged at the sale 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 wooden two-story detached house in Sodegaura 4-chome, Narashino, offered as a rental house with the tenant in place (an owner-change sale). It is a 20-minute walk from Makuhari-Hongo Station on the JR Sobu Line (local trains) and a 23-minute walk from Keisei-Tsudanuma Station on the Keisei Main Line. The area is a Category 1 Low-rise Exclusive Residential Zone (building coverage 50%, floor area ratio 100%) inside the city's residential inducement area. Daisan Junior High School and Sodegaura-Higashi Elementary School are nearby (distances are not given in the listing).
The price is 32 million yen. The building is a wooden two-story 3LDK with a slate roof, completed in April 2014 (per the registry), with 105.98 ㎡ of floor area; the listing states that it has both a building confirmation certificate and an inspection certificate. The land is 128.07 ㎡ of freehold, a regular-shaped lot about 10.1 m wide and 12.6 m deep according to the survey map. It faces a 5.50 m public road on the northwest, carries no private-road burden, and has a carport. The house is leased by a corporation. The listed gross yield of 6.33% is based on an assumed rent of 169,000 yen per month (2,028,000 yen per year). The listing text, however, gives the current rent as 160,900 yen per month, which is 1,930,800 yen per year, or about 6.0% of the price. The listing does not explain the difference between the two figures.
The valuation uses the Reiwa 8 (2026) roadside price of 140,000 yen/㎡. Almost all local roads in Sodegaura 4-chome carry 140,000 yen/㎡, and the same section was 120,000 yen/㎡ in 2024 and 130,000 yen/㎡ in 2025, rising every year. The land is valued at the listed area and the building as a 12-year-old wooden house, giving an assessed ratio of about 89%.
⚠️ The listing states that the property lies in an area where Narashino's road flooding warning map predicts 20–50 cm of flooding (it explains that there was no flooding or damage during the heavy rain of August 2026 or the typhoon of September 2026). Sodegaura is reclaimed land, and GSI elevation data puts the site at about 3.1 m above sea level. The only exterior photo is a single Google Street View capture: from the northwest road the lot and carport continue at the same level with no visible step or retaining wall, but the southeast (rear) boundary is not shown. A mortgage is registered in the rights section of the land registry. The terms of the corporate lease (term, cancellation), the gap between the assumed and current rent, the rear boundary and the present condition of the building should be confirmed with the agent. Distances to nearby facilities are straight-line distances from the address point (Sodegaura 4-chome, block 19).
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
Our blog explains the basics you need to read the numbers on this page.
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