![[Assessed 97.9%] Apartment building in Itabashi Ward, Tokyo — 14 min from Kanamecho Sta.](https://img.rakumachi.jp/c/property/jb0pXsZ3oPes4QXjH6QKHg__/116682757)
[Assessed 97.9%] Apartment building in Itabashi Ward, Tokyo — 14 min from Kanamecho Sta.
Property Overview
| Location | Itabashi Ward, Tokyo |
| Nearest Station | Tokyo Metro Yurakucho Line Kanamecho Sta. |
| Walk | 14 min walk |
| Assessed Ratio | 97.9%Assessed 97.9% |
| Price | ¥337,000,000 |
| Type | Apartment building |
| Expected Yield | 5.26% |
| Structure | Light steel frame |
| Built | Built Sep 1994 (32 years old) |
| Land Area | 559.2㎡ |
| Building Area | 510.17㎡ |
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 | ¥337,000,000View listing |
| Rakumachi | ¥337,000,000View listing |
| Rakumachi | ¥337,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥329,928,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥329,928,000 |
| Asking price | ¥337,000,000 |
| Assessed ratio | 97.9% |
Calculation basis
- Land = road price ¥590,000/m² × land area 559.2m²
- Building = replacement cost ¥220,000/m² × floor area 510.17m² × remaining life 0y ÷ statutory life 22y
- Built Sep 1994 (32 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +22.9%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 480,000 | — |
| 2025 | 520,000 | +8.3% |
| 2026 | 590,000 | +13.5% |
※ 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 three FY2026 route price map sheets and 19 photos from two Rakumachi listings, to confirm the representative route price and the points where the listings can be read two ways: the private road area and the building structure.
What We Could Not Confirm
- The lot number is not disclosed and the exact site has not been identified. The representative value is 590,000 yen/m², the most common on local streets; on a street in the lowest band in the district (460,000 yen/m²) the ratio would be about 76%.
- Whether the 105.56 m² private road lies inside or outside the 559.2 m² land area has only been checked against Kenbiya's display (outside). Confirmation from the land registry and cadastral map is needed.
- The listings do not state whether the building is heavy or light gauge steel. This needs to be confirmed from the building confirmation and inspection certificates or the design documents.
- The only road frontage is the private road on the west (about 4 m). The road type (e.g. designated road) and consent for passage and excavation are not stated. The floor area ratio is given as 160% in some listings and 200% in another.
- The retained height of the walls on the garden-side boundaries (about 1.2–1.5 m tall) could not be measured from the photos and needs an on-site check.
※ 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
This is a whole apartment building in Minamicho, Itabashi Ward, Tokyo, a 14-minute walk from Kanamecho Station on the Tokyo Metro Yurakucho Line. Senkawa Station (Tokyo Metro Fukutoshin Line) and Oyama Station (Tobu Tojo Line) are also listed at 14 minutes on foot. The site is in a Category 1 medium-to-high-rise residential zone (building coverage 60%, floor area ratio 160%) and faces a private road about 4 m wide on the west. Measured in a straight line from the centre of the district, the Big-A supermarket is about 320 m away, Daikokuya about 430 m and My Basket about 500 m; for food, Manraiken is about 240 m and Honke Kamadoya about 440 m (OpenStreetMap).
The price is 337 million yen. The land is 559.2 m² (registered area, freehold) and the building is a three-storey steel-frame structure built by Asahi Kasei in September 1994 with a total floor area of 510.17 m². It has eleven 2DK units and one storage unit, seven open-air parking spaces plus one built-in space, and rooftop solar panels that sell power. Projected annual income at full occupancy is about 17.73 million yen (gross yield 5.26%). As of 23 July 2026, 11 of the 12 units were let, and the existing leases must be taken over.
The assessed ratio is about 97.9%. We used 590,000 yen/m² (FY2026), the most common value on the local streets in Minamicho; the same route rose from 480,000 (2024) to 520,000 (2025) and 590,000 yen/m² (2026), about 23% in two years. The private road the site faces has no route price, so the value of the adjacent street is applied. ⚠️ The listings only say "steel frame" without specifying heavy or light gauge, so we treated it as light gauge steel and valued the building at zero. If it is heavy steel, the building would be worth about 9 million yen and the ratio would be about 100.6%.
⚠️ The Kenbiya listing shows "private road 105.56 m²" separately from the 559.2 m² of land, and under Kenbiya's display rules the land area excludes private roads. The two Rakumachi listings simply list land 559.20 m² and private road 105.56 m² with no note on whether one includes the other. If the private road is included, the usable land is 453.64 m² and the ratio falls to about 79.4% (about 82.1% if heavy steel). ⚠️ The lot number is not disclosed, so the exact site could not be identified; on a street in the lowest band in the district (460,000 yen/m²) the ratio would be about 76%. The property has been listed since late April 2026. Please confirm the treatment of the private road area, the building structure and the exact location with the agent before considering it.
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.
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
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 in This Area
![[Assessed 117.3%] Condominium building in Mizuho, Nishitama District, Tokyo — 20 min from Hakonegasaki Sta.](https://toushi.homes.co.jp/upload/p4739/4739196/1790666561795-xzv.jpg)
[Assessed 117.3%] Condominium building in Mizuho, Nishitama District, Tokyo — 20 min from Hakonegasaki Sta.
[Assessed 95.7%] Land in Hino, Tokyo — 11 min from Naganuma Sta.
![[Assessed 106.7%] Land in Chofu, Tokyo — 16 min from Nishi-Chofu Sta.](https://img01.suumo.com/front/gazo/bukken/030/N010000/img/144/77531144/77531144_0013.jpg)