[Assessed 108.3%] Apartment building in Tokorozawa, Saitama — 10 min from Sayamagaoka Sta.
Property Overview
| Location | Tokorozawa, Saitama |
| Nearest Station | Seibu Ikebukuro Line Sayamagaoka Sta. |
| Walk | 10 min walk |
| Assessed Ratio | 108.3%Assessed 108.3% |
| Price | ¥47,800,000 |
| Type | Apartment building |
| Expected Yield | 8.23% |
| Structure | Wooden |
| Built | Built Nov 1986 (39 years old) |
| Land Area | 493㎡ |
| Building Area | 218.12㎡ |
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.
| athome | ¥47,800,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥51,765,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥51,765,000 |
| Asking price | ¥47,800,000 |
| Assessed ratio | 108.3% |
Calculation basis
- Land = road price ¥105,000/m² × land area 493m²
- Building = replacement cost ¥220,000/m² × floor area 218.12m² × remaining life 0y ÷ statutory life 22y
- Built Nov 1986 (39 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: ±0.0%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 105,000 | — |
| 2025 | 105,000 | ±0.0% |
| 2026 | 105,000 | ±0.0% |
※ 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, all seven listing photos and GSI elevation data to confirm which route price band applies and the ground levels around the lot.
What We Could Not Confirm
- The front road is a 4.0 m-wide private road. The private road burden is shown as "–", and the listing does not state whether there is a share of the road or consent for passage and excavation. The road type (e.g. a designated road) and rights should be confirmed with the agent.
- The transaction terms say owner-change (with tenants), but the current-status field says "occupied by the owner." Occupancy and per-unit rents are not shown in the listing.
- The zoning field in the listing is blank.
- The northeast boundary is not shown in the photos and was checked only with elevation data.
※ 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
An apartment building in Wakasa 3-chome, Tokorozawa, Saitama, a 10-minute walk from Sayamagaoka Station on the Seibu Ikebukuro Line. A two-story wooden apartment building completed in November 1986 (total floor area 218.12㎡, 6 units) stands on 493.00㎡ of land (registered area, freehold). The building coverage ratio is 60% and the floor area ratio 200%; the zoning field in the listing is blank. Parking is available.
⚠️The lot faces a 4.0 m-wide private road on the southwest side. The listing shows "–" for the private road burden and does not state whether the owner holds a share of the private road or consent for passage and excavation. The road type and rights should be confirmed with the agent. The lot is level with the road, with no steps or stairs, and it is not a flag-shaped lot.
The gross yield is 8.23%, with expected annual rent of about 3.936 million yen. The transaction terms describe an owner-change sale (with tenants), but the current-status field says "occupied by the owner," so the two entries conflict. Occupancy and the rent breakdown are not shown in the listing and should be confirmed with the agent.
The 2026 route price is 105,000 yen/㎡, unchanged for three years since 2024. The building is 39 years old, beyond the 22-year statutory useful life for wooden buildings, so its assessed value is set at zero; the land alone exceeds the 47.8 million yen asking price, giving an assessed ratio of 108.3%. Inageya, 7-Eleven and Olympic are about 300 m away according to the listing.
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.

