
[Assessed 84.2%] Apartment building in Hachioji, Tokyo — 15 min from Kita-Hachioji Sta.
Property Overview
| Location | Hachioji, Tokyo |
| Nearest Station | JR Hachiko Line Kita-Hachioji Sta. |
| Walk | 15 min walk |
| Assessed Ratio | 84.2%Assessed 84.2% |
| Price | ¥83,800,000 |
| Type | Apartment building |
| Expected Yield | 5.77% |
| Structure | Wooden |
| Built | Built Feb 2012 (14 years old) |
| Land Area | 481.31㎡ |
| Building Area | 364.36㎡ |
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 | ¥83,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥41,392,660 |
| Building assessed value | ¥29,148,800 |
| Total assessed value | ¥70,541,460 |
| Asking price | ¥83,800,000 |
| Assessed ratio | 84.2% |
Calculation basis
- Land = road price ¥86,000/m² × land area 481.31m²
- Building = replacement cost ¥220,000/m² × floor area 364.36m² × remaining life 8y ÷ statutory life 22y
- Built Feb 2012 (14 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +4.9%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 82,000 | — |
| 2025 | 84,000 | +2.4% |
| 2026 | 86,000 | +2.4% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
With no site photos and no disclosed lot number, we counted the local roads of Ishikawa-machi on the 2026 road price map and narrowed down the property's area from its walking time to the station and its zoning to check the representative road price.
What We Could Not Confirm
- With no site photos, whether there is a retaining wall and the step from the front road (including whether access involves stairs) have not been confirmed. The estimated area is a hillside residential district on the slopes along the Yaji River, so an on-site check or an inquiry to the agent is needed.
- Whether it is a flag-shaped lot, whether it is a row building, and the condition of the building's exterior (wear on walls and roof, etc.) have also not been confirmed because there are no photos.
- The road access field is blank; the direction, width and type (public or private) of the front road and any private road burden are not stated in the listings. If the road is narrower than 4 m, a setback would reduce the usable lot area.
- Because the lot number is not disclosed, the road price is the most common value in the estimated area, not the price of the road the property actually faces. The lot number needs to be confirmed with the agent.
- The listings give no breakdown of each unit's layout, rent or occupancy, and it has not been confirmed whether the projected annual income of 4.836 million yen assumes full occupancy.
※ 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
⚠️ No site photos are posted for this property (zero photos on both Rakumachi and LIFULL HOME'S Investment), so we have not been able to confirm whether there is a retaining wall, the step from the front road, whether it is a flag-shaped lot, whether it is a row building, or the condition of the building's exterior. The address is given only as Ishikawa-machi without a lot number, and the area estimated from road prices is a hillside residential district on the slopes along the Yaji River. An on-site check of retaining walls and height differences from the road is especially important.
A two-storey wooden apartment building (5 units) in Ishikawa-machi, Hachioji, Tokyo, a 15-minute walk from Kita-Hachioji Station on the JR Hachiko Line. It is in a Category 1 low-rise exclusive residential zone (40% building coverage, 80% floor area ratio), with 481.31 m² (145.59 tsubo) of land and 364.36 m² of building area, built in February 2012, freehold and registered as residential land. The price is 83.8 million yen with projected annual income of 4.836 million yen (5.77% gross yield); the building is described as tenanted with management fully outsourced. No floor plans are given, and the average unit size is about 73 m². The same property is also listed on LIFULL HOME'S Investment.
⚠️ The road access field is blank on both Rakumachi and LIFULL HOME'S, so the direction, width and type (public or private) of the front road and any private road burden are unknown. If the front road is narrower than 4 m, part of the lot becomes unusable due to setback, and once the deducted area reaches about 41 m² the assessed ratio falls to about 80%.
The road price is 86,000 yen/m² for 2026 (82,000 yen/m² in 2024, 84,000 yen/m² in 2025), giving an assessed ratio of about 84.2%. Ishikawa-machi is a large area spanning 14 road price map sheets, so we estimated the property's area as the hillside residential district north of the Chuo Expressway from the walking time to the station and the zoning, and took the most common value among local roads in that area as the representative price. 86,000 and 91,000 yen/m² were tied, so we used the lower one; at 91,000 yen/m² the ratio would be about 87.1%. Distances to nearby facilities are straight-line distances from the centroid of Ishikawa-machi (measured on OpenStreetMap), not from the property itself.
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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