積算100
[Assessed 82.5%] Apartment building in Shinagawa Ward, Tokyo — 7 min from Hatanodai Sta.
Assessed 82.5%Apartment buildingShinagawa Ward, TokyoHatanodai Sta. 7 min walk

[Assessed 82.5%] Apartment building in Shinagawa Ward, Tokyo — 7 min from Hatanodai Sta.

Published: Updated:

Property Overview

LocationShinagawa Ward, Tokyo
Nearest StationTokyu Oimachi Line Hatanodai Sta.
Walk7 min walk
Assessed Ratio82.5%Assessed 82.5%
Price¥97,200,000
TypeApartment building
Expected Yield5.5%
StructureWooden
BuiltBuilt Oct 2016 (10 years old)
Land Area86.25㎡
Building Area136.29㎡

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¥97,200,000View listing

Assessed Value Breakdown

Land assessed value¥63,825,000
Building assessed value¥16,354,800
Total assessed value¥80,179,800
Asking price¥97,200,000
Assessed ratio82.5%

Calculation basis

  • Land = road price ¥740,000/m² × land area 86.25m²
  • Building = replacement cost ¥220,000/m² × floor area 136.29m² × remaining life 12y ÷ statutory life 22y
  • Built Oct 2016 (10 years old)

Official Road Price Trend (last 3 years)

Cumulative change 2024 → 2026: +23.3%
YearRoad price (JPY/m²)YoY
2024600,000—
2025660,000+10.0%
2026740,000+12.1%

※ 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 sheets of the 2026 route-price maps, the three listings of the same property and their exterior photos, and GSI elevation data to confirm the representative route price and the road-access and level conditions.

Locating the road price

We counted the local roads in Nishi-Nakanobu 2-chome on the 2026 route-price maps (sheets 32018, 32017 and 32013). Excluding commercial routes along shopping streets and arterial roads, 740,000 yen/㎡ is the most common value at eight segments and is used as the representative value (leasehold ratio symbol D, with some segments C). Tracing the same road over three years gives 600,000 → 660,000 → 740,000 yen/㎡. There are also seven segments at 620,000 yen/㎡ and six at 630,000 yen/㎡; applying 620,000 yen/㎡ gives a ratio of about 71.8%. The listed address point appears to lie along the 730,000 yen/㎡ road on the southern edge of the chome, which would give about 81.6%.

View source
Rights and restrictions

The road-access field is "-" on Kenbiya and on both other listings of the same property, so the width and type of the front road are unknown. The 240% floor area ratio matches the cap for a lot in a Neighbourhood Commercial Zone fronting a 4 m road (4 m × 0.6), so the road is treated as 4 m wide and no setback is deducted. If it is an Article 42(2) road, a setback depending on the frontage would be required, and the article's ratio of 82.49% is the figure without that deduction.

On-site check from photos

The Kenbiya listing and its syndicated copy have no photos, so we checked the exterior photos (two shots of the same view) in two other brokers' listings of the same property. The white-sided three-storey building has four entrance doors facing a concrete-paved courtyard, which is at the same level as the foundations of this building and the neighbouring building to the right, with only a 15–20 cm kerb in front. No retaining wall, stairs or slope is visible, and the building stands apart from its right-hand neighbour, so it is not terraced. The front road and the left and rear boundaries are not shown. Measuring around the listed address point on a 5 m grid with GSI 1 m elevation data, points within 7 m are 22.5–23.0 m and the largest difference between adjacent points is 0.8 m. No step of 1 m or more was found.

Listing check

Besides Kenbiya (listed on 5 October 2026), the same property has been listed by two other brokers since 20 August and 31 August 2026, all at 97.2 million yen. The land and building areas, completion date, structure and number of units match across the three listings.

What We Could Not Confirm

  • None of the three listings states the road access, so the width and type of the front road (public or private, and whether it is an Article 42(2) road) are unconfirmed. If it is an Article 42(2) road, a setback would reduce the effective site, and the displayed ratio of 82.49% is the figure without that deduction.
  • The exterior photos do not show the front-road side or the left and rear boundaries, so any step from the road, retaining wall or stairs is unconfirmed.
  • Because the entrances face a courtyard at the back, the possibility that the lot reaches the road via a narrow passage (a flag-shaped lot) cannot be ruled out. The listings give no width or length for such a passage.
  • As the road access is unconfirmed, the route price of the road the property fronts has not been identified. The address point appears to lie along a 730,000 yen/㎡ road, and local roads in the chome range from 620,000 to 740,000 yen/㎡.
  • Only one listing gives the zoning as Neighbourhood Commercial; the other two show "-". None of the listings states a fire or quasi-fire prevention district designation.

※ 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

7-Eleven Shinagawa Hatanodai 2-chome

Convenience store. About 160 m in a straight line from the listed address point, in Hatanodai 2-chome, Shinagawa Ward (OpenStreetMap).

Source
AEON Town Hatanodai

Shopping centre. About 330 m in a straight line from the listed address point, in Hatanodai 2-chome, Shinagawa Ward (OpenStreetMap).

Source
Ozeki Hatanodai

Supermarket. About 530 m in a straight line from the listed address point, in Hatanodai 4-chome, Shinagawa Ward (OpenStreetMap).

Source

Neighborhood ② Dining Near the Station

Kisoji

Japanese restaurant. About 80 m in a straight line from the listed address point, in Hatanodai 1-chome, Shinagawa Ward (OpenStreetMap).

Source
Doutor Coffee Shop Hatanodai Nakahara-kaido

Cafe. About 190 m in a straight line from the listed address point, in Hatanodai 1-chome, Shinagawa Ward (OpenStreetMap).

Source
Aji no Daio

Ramen restaurant. About 200 m in a straight line from the listed address point, in Nishi-Nakanobu 2-chome, Shinagawa Ward (OpenStreetMap).

Source

About This Property

⚠️ In all three listings of this property, including Kenbiya, the road-access field shows "-", so the width and type of the front road (public or private, and which category under the Building Standards Act) have not been confirmed. The 240% floor area ratio matches the cap for a lot in a Neighbourhood Commercial Zone fronting a 4 m road (4 m × 0.6), so the road is treated as 4 m wide and no setback is deducted. If the front road is an Article 42(2) road (narrower than 4 m), part of the lot would have to be set back as road depending on the frontage, and the assessment ratio falls by about 0.76 points for each ㎡ deducted. The displayed ratio of 82.49% is the figure without any deduction, and anyone considering a purchase should first confirm the road access.

This is a three-storey wooden apartment building with four units in Nishi-Nakanobu 2-chome, Shinagawa Ward, Tokyo. The nearest station is Hatanodai on the Tokyu Oimachi and Ikegami Lines, a 7-minute walk; Ebaramachi Station on the Tokyu Oimachi Line is an 8-minute walk. Built in October 2016 (10 years old), it has a floor area of 136.29 ㎡ on 86.25 ㎡ of freehold land. One listing gives the zoning as Neighbourhood Commercial, with 80% building coverage and a 240% floor area ratio. It is fully let, with an assumed annual income of 5.4 million yen and a displayed gross yield of 5.5%.

The route price used is 740,000 yen/㎡, the most common value on local roads in Nishi-Nakanobu 2-chome, up about 23.3% from 600,000 yen/㎡ in 2024. The listed address point appears to lie along the 730,000 yen/㎡ road on the southern edge of the chome; applying that value gives a ratio of about 81.6%. There are also many 620,000–630,000 yen/㎡ roads in the chome, and applying 620,000 yen/㎡ lowers the ratio to about 71.8%, so the figure will move once the fronting road is confirmed. The building is 10 years old, and 12 years of the 22-year statutory life for wooden buildings are counted in the assessment.

The Kenbiya listing has no photos. Exterior photos in another broker's listing of the same property show the paved courtyard where the entrances line up at the same level as the building foundation, with no retaining wall or stairs visible. However, the front-road side is not shown, so any step from the road and whether the lot is a flag-shaped lot reached by a narrow passage remain unconfirmed. Nearby, measured in a straight line from the listed address point: Kisoji about 80 m, 7-Eleven Shinagawa Hatanodai 2-chome about 160 m, Doutor Coffee Shop Hatanodai Nakahara-kaido about 190 m, Aji no Daio (ramen) about 200 m, AEON Town Hatanodai about 330 m, and Ozeki Hatanodai about 530 m (OpenStreetMap). The same property has also been listed by another broker since 20 August 2026.

Estimated Financing

Assessed value ¥80,179,800 → estimated loan ¥80,170,000 (82% 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。

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