積算100
[Assessed 95.9%] Apartment building in Kamakura, Kanagawa — 7 min from Koshigoe Sta.
Assessed 95.9%Apartment buildingKamakura, KanagawaKoshigoe Sta. 7 min walk

[Assessed 95.9%] Apartment building in Kamakura, Kanagawa — 7 min from Koshigoe Sta.

Published: Updated:

Property Overview

LocationKamakura, Kanagawa
Nearest StationEnoshima Electric Railway Koshigoe Sta.
Walk7 min walk
Assessed Ratio95.9%Assessed 95.9%
Price¥40,000,000
TypeApartment building
Expected Yield6.02%
StructureWooden
BuiltBuilt May 2016 (10 years old)
Land Area163.81㎡
Building Area114.99㎡

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 ratio95.9%

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%
YearRoad price (JPY/m²)YoY
2024135,000—
2025140,000+3.7%
2026150,000+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.

Locating the road price

On the 2026 (Reiwa 8) road price map (sheet 75099), we checked the roads around block 30 of Koshigoe 2-chome. A ¥155,000/m² local road runs to the northwest of the block, and ¥150,000/m² local roads run to the south and toward the northeast (all with leasehold ratio D). Among the Koshigoe 2-chome local roads shown on sheet 75099, ¥150,000/m² sections are the most common, so we used that as the representative value. Using the ¥155,000/m² road on the northwest side would give an assessed ratio of about 98.0%. We did not use the ¥205,000/m² value along the Koshigoe–Ofuna prefectural road because it is an arterial-road value. For the three-year trend we followed the ¥150,000/m² section south of the block on the same sheet: ¥135,000/m² in 2024, ¥140,000/m² in 2025 and ¥150,000/m² in 2026.

View source
Effective land area

Rakumachi gives the land as 163.81 m² by registered area, with the private-road share field left blank. There is no mention of a flag-pole access strip, sloped portion or setback, so we used the listed 163.81 m² as is for the assessment.

Listing check

We cross-checked the listings on Kenbiya, Rakumachi and LIFULL HOME'S Investment. The same listing agent also lists an "apartment building + detached house" at the same address (¥75 million, land 302.81 m², buildings 239.56 m², 3 units), and the 139.00 m² difference in land appears to be the house side. This property is offered as the apartment portion carved out with 163.81 m² of land.

On-site check from photos

The only site photo is one exterior shot of the apartment building, and Rakumachi and LIFULL HOME'S Investment use the same image. From the asphalt parking area one tiled step (about 15 cm) leads up to the entrance; the parking area is level with the surrounding ground, and no step, retaining wall or stair access is visible in the frame. In the exterior photo of the detached house in the other listing at the same address, two tiled steps (about 30–40 cm) lead up from the road to the gate, and the ground behind the block wall on the left (about 1.2 m) is at roughly the same level as the gate, so it is a boundary wall rather than a retaining wall.

Other checks

Because the front road and the neighbouring boundaries are not visible in the photos, we sampled the Geospatial Information Authority of Japan's 1 m elevation mesh at 4 m intervals (52 m north–south × 32 m east–west). The area within ±20 m of the address point is flat at 3.9–4.8 m. About 25 m to the southeast there is a step of about 3 m running northeast–southwest; it is expected to be about 10 m from the lot's southeast boundary, but depending on the error in the building's position it could reach the boundary.

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

Fresh Store YAOMINE

Supermarket about 340 m in a straight line from the centroid of Koshigoe 2-chome, on National Route 134. Reverse geocoding confirmed that its OpenStreetMap location is in Koshigoe, Kamakura.

Source
Gyomu Super

Supermarket about 960 m in a straight line from the centroid of Koshigoe 2-chome, on the Koshigoe–Ofuna prefectural road. Reverse geocoding confirmed that its OpenStreetMap location is within Kamakura.

Source
Create SD

Drugstore about 1.1 km in a straight line from the centroid of Koshigoe 2-chome, on the Koshigoe–Ofuna prefectural road near Gyomu Super. Reverse geocoding confirmed that its OpenStreetMap location is within Kamakura.

Source

Neighborhood ② Dining Near the Station

KFC Enoshima

Fried chicken fast-food restaurant about 240 m in a straight line from the centroid of Koshigoe 2-chome. Reverse geocoding confirmed that its OpenStreetMap location is in Koshigoe, Kamakura.

Source
Soba Yui

Soba noodle restaurant about 320 m in a straight line from the centroid of Koshigoe 2-chome. Its registered address on OpenStreetMap is 4-2-13 Koshigoe, Kamakura.

Source
Ippudo

Ramen restaurant about 360 m in a straight line from the centroid of Koshigoe 2-chome, on National Route 134. Reverse geocoding confirmed that its OpenStreetMap location is in Koshigoe, Kamakura.

Source

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

Assessed value ¥38,370,300 → estimated loan ¥38,370,000 (96% of the asking price)

※ Actual loan availability, amounts and terms are subject to each bank's screening.

Suggested Lenders

関西みらい銀行
Regional bankAssessed-value focusedStrong with apartment buildings
土地から新築OK。 築古過ぎず、好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 産休中はNG。 築古過ぎる場合は、信用金庫・信用組合のセゾンファンデックス保証付の不動産担保ローンが適す。
滋賀銀行
Regional bankAssessed-value focusedStrong with apartment buildings
土地から新築OK。 好立地で積算割合が高く、キャッシュフローが回る物件であれば、検討対象となる。 但し、産休中はNG。
スルガ銀行
Regional bankBorrower-profile focusedStrong with apartment buildings
富豪向け。 金融資産3000万円以上が検討対象。 行けるなら8割融資や9割融資が狙える。 金利は2%台、融資期間は35年。

※ General tendencies of lenders covering this area, for information only. This does not guarantee or suggest any specific financing outcome.

Ask About This PropertyWe offer purchase consultation, brokerage and consulting services.Found an error in this listing? Let us know here

Learn About Assessed Value and Financing

Our blog explains the basics you need to read the numbers on this page.

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法
不動産担保ローン

不動産担保ローンとは?手持ちの不動産で次の物件を買う方法

不動産担保ローンは、持っている不動産を担保にお金を借りるローンです。仕組みや借りられる金額の目安、次の物件購入に使う方法、メリット・デメリットを解説します。

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説
不動産担保ローン

積算評価・担保評価とは?計算方法と調べ方をわかりやすく解説

積算評価(担保評価)とは、銀行が物件の担保価値を土地と建物から計算する方法です。計算式・再調達価格・法定耐用年数の目安、路線価を使った調べ方、融資が付きやすい物件の特徴を計算例つきで解説します。

More articles on the blog
[Assessed 102.7%] Condominium building in Midori Ward, Sagamihara, Kanagawa — 15 min from Hashimoto Sta.
Assessed 102.7%
Source: Kenbiya
Condominium building

[Assessed 102.7%] Condominium building in Midori Ward, Sagamihara, Kanagawa — 15 min from Hashimoto Sta.

Midori Ward, Sagamihara, KanagawaJR Yokohama Line Hashimoto Sta. 15 min walk
¥200MExpected Yield 5.24%
[Assessed 81.6%] Detached house in Tsurumi Ward, Yokohama, Kanagawa — 16 min from Kagetsu-Sojiji Sta.
Assessed 81.6%
Source: athome
Detached house

[Assessed 81.6%] Detached house in Tsurumi Ward, Yokohama, Kanagawa — 16 min from Kagetsu-Sojiji Sta.

Tsurumi Ward, Yokohama, KanagawaKeikyu Main Line Kagetsu-Sojiji Sta. 16 min walk
¥32.8M
川崎市多摩区長尾の一棟アパート(新築・写真未掲載のためイメージ)
Assessed 112.2%
Source: Kenbiya
Apartment building

[Assessed 112.2%] Apartment building in Tama Ward, Kawasaki, Kanagawa — 12 min from Mukogaoka-Yuen Sta.

Tama Ward, Kawasaki, KanagawaOdakyu Odawara Line Mukogaoka-Yuen Sta. 12 min walk
¥1.4700MExpected Yield 6.66%