![[Assessed 95.9%] Apartment building in Kamakura, Kanagawa — 7 min from Koshigoe Sta.](https://toushi.homes.co.jp/upload/p4738/4738808/1790645866270-9bm_wm_0212.jpg)
[Assessed 95.9%] Apartment building in Kamakura, Kanagawa — 7 min from Koshigoe Sta.
Property Overview
| Location | Kamakura, Kanagawa |
| Nearest Station | Enoshima Electric Railway Koshigoe Sta. |
| Walk | 7 min walk |
| Assessed Ratio | 95.9%Assessed 95.9% |
| Price | ¥40,000,000 |
| Type | Apartment building |
| Expected Yield | 6.02% |
| Structure | Wooden |
| Built | Built May 2016 (10 years old) |
| Land Area | 163.81㎡ |
| Building Area | 114.99㎡ |
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 | ¥40,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥24,571,500 |
| Building assessed value | ¥13,798,800 |
| Total assessed value | ¥38,370,300 |
| Asking price | ¥40,000,000 |
| Assessed ratio | 95.9% |
Calculation basis
- Land = road price ¥150,000/m² × land area 163.81m²
- Building = replacement cost ¥220,000/m² × floor area 114.99m² × remaining life 12y ÷ statutory life 22y
- Built May 2016 (10 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +11.1%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 135,000 | — |
| 2025 | 140,000 | +3.7% |
| 2026 | 150,000 | +7.1% |
※ Based on inheritance-tax road prices published each July — a reference for the trend in land collateral value.
How We Checked This Property
Because the listing has only one exterior photo, we read the local roads around the block on the 2026 (Reiwa 8) road price map and checked the ground levels around the lot using elevation data from the Geospatial Information Authority of Japan.
What We Could Not Confirm
- The surface of the front road (northeast side, about 4.0 m) and the boundaries to the southwest, southeast and northwest are not visible in the photos, so the presence of any retaining wall and the step from the front road could not be confirmed. Whether the roughly 3 m step about 25 m to the southeast reaches the lot's southeast boundary needs to be checked on site or with the listing agent.
- In relation to the "apartment building + detached house" listing at the same address (land 302.81 m²), it needs to be confirmed with the listing agent whether this property's 163.81 m² of land has already been subdivided or is to be subdivided, what the extent of the parcel is, and whether passageways or parking are shared with the house side.
- The listings do not state whether the roughly 4.0 m road on the northeast side is public or private, or whether there is a private-road share; this is unconfirmed.
※ 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
⚠️ The only site photo in the listing is a single exterior shot of the apartment building, so the surface of the front road (on the northeast side, about 4.0 m wide) and the boundaries with the neighbouring lots to the southwest, southeast and northwest could not be checked in photos. On the Geospatial Information Authority of Japan's 1 m elevation mesh, the area within ±20 m of the address point is flat at 3.9–4.8 m above sea level. However, about 25 m to the southeast there is a step of about 3 m running northeast–southwest (rising from about 4.6 m to 7.4–8.0 m). It is expected to lie about 10 m from the lot's southeast boundary, but depending on the error in the building's position, a retaining wall on the southeast boundary cannot be ruled out. This site does not list properties with a retaining wall of 1 m or more in soil-retaining height (the difference in ground level between the two sides), so this needs to be checked on site or with the listing agent.
This is a whole apartment building, "Friendly Wave Heights", in Koshigoe 2-chome, Kamakura. The listing gives a 7-minute walk to Koshigoe Station on the Enoshima Electric Railway and a 12-minute walk to Mejiroyamashita Station on the Shonan Monorail. The building is a two-storey wooden structure with 2 units, built in May 2016, with 114.99 m² of total floor area. The land is 163.81 m² (registered area), freehold and classified as residential land, in a Category 1 Low-Rise Exclusive Residential Zone (40% building coverage, 80% floor area ratio). It is currently fully let, with a full-occupancy annual rent of ¥2.412 million (¥201,000 per month), a gross yield of 6.02% and parking for 2 cars (free of charge).
⚠️ Rakumachi lists the road access as "northeast side, about 4.0 m", but none of the listings states whether the road is public or private or whether a private-road share is included (the road access field is blank on Kenbiya and LIFULL HOME'S Investment), so this is unconfirmed. ⚠️ In addition, the same listing agent (Top Trust Co., Ltd.) separately lists an "apartment building + detached house" at the same address for ¥75 million (land 302.81 m², buildings 239.56 m², 3 units). The 163.81 m² of land for this property appears to be the apartment portion carved out of that, and a lot subdivision or a newly defined parcel appears to be a precondition. The extent of the parcel and any shared use of passageways or parking with the house side need to be confirmed with the listing agent.
For the 2026 (Reiwa 8) road price, we used ¥150,000/m² (leasehold ratio D), the most common value among the local roads around block 30, as the representative value; it has risen about 11.1% in two years from ¥135,000/m² in 2024. The building is a 10-year-old wooden structure with 12 of its 22-year statutory useful life remaining, so the building still carries assessed value. The assessed ratio is about 95.9%, or about 98.0% if the ¥155,000/m² road on the northwest side is used. The listing does not name any nearby facilities or give distances, so the places shown below are shops confirmed on OpenStreetMap to be within Kamakura. Distances are straight-line distances from the centroid of Koshigoe 2-chome; the property (block 30) is about 330 m northeast of the centroid, so they differ from distances measured from the property itself. The step to the southeast, the extent of the land and the type of the access road all remain unconfirmed.
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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