[Assessed 91.7%] Apartment building in Kanagawa Ward, Yokohama, Kanagawa — 10 min from Katakuracho Sta.
Property Overview
| Location | Kanagawa Ward, Yokohama, Kanagawa |
| Nearest Station | Yokohama Municipal Subway Blue Line Katakuracho Sta. |
| Walk | 10 min walk |
| Assessed Ratio | 91.7%Assessed 91.7% |
| Price | ¥31,000,000 |
| Type | Apartment building |
| Expected Yield | 6.61% |
| Structure | Light steel frame |
| Built | Built Oct 1992 (34 years old) |
| Land Area | 119㎡ |
| Building Area | 71.82㎡ |
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.
| Rakumachi | ¥31,000,000View listing |
Assessed Value Breakdown
| Land assessed value | ¥28,428,000 |
| Building assessed value | ¥0 |
| Total assessed value | ¥28,428,000 |
| Asking price | ¥31,000,000 |
| Assessed ratio | 91.7% |
Calculation basis
- Land assessed value was entered manually by the operator.
- Building = replacement cost ¥220,000/m² × floor area 71.82m² × remaining life 0y ÷ statutory life 22y
- Built Oct 1992 (34 years old)
Official Road Price Trend (last 3 years)
Cumulative change 2024 → 2026: +14.3%| Year | Road price (JPY/m²) | YoY |
|---|---|---|
| 2024 | 210,000 | — |
| 2025 | 225,000 | +7.1% |
| 2026 | 240,000 | +6.7% |
※ 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 no site photos, we counted the block roads of Kandaiji 1-chome across four sheets of the 2026 road price maps, searched other listing sites for photos, and checked the surrounding height differences with GSI elevation data.
What We Could Not Confirm
- The listing has no site photos, so whether there is a retaining wall and the height difference from the front road (whether the site is reached by steps) could not be checked. Elevation data shows 2–3 m steps in places nearby.
- Whether the lot is flag-shaped and whether the building shares a wall with a neighbor (row house) could not be checked.
- The condition of the building exterior, walls, and roof could not be checked because there are no photos.
- Because the front road is 3.90 m wide, whether a setback is required and its area need to be confirmed with the agent (estimated at about 0.55 m² in our valuation).
- Because the lot number is not disclosed, the road price of the road the site fronts has not been identified (block roads in the chome range from 230,000 to 280,000 yen/m²).
※ 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 Kandaiji 1-chome, Kanagawa Ward, Yokohama. ⚠️ The listing has no site photos at all, so retaining walls, the height difference from the road, stair access, whether the lot is flag-shaped, and the building exterior could not be checked. Kandaiji 1-chome is hilly, and GSI elevation data shows places with 2–3 m steps between roads and lots. The height difference needs to be checked on site.
The building is in a residential area a 10-minute walk from Katakuracho Station and a 13-minute walk from Mitsuzawa-Shimocho Station on the Yokohama Municipal Subway Blue Line, and a 16-minute walk from Hakuraku Station on the Tokyu Toyoko Line. A FamilyMart, a Create SD drugstore, and a My Basket supermarket are about 340–410 m in a straight line from the center of the chome.
The building is a two-story light-gauge steel structure (71.82 m² total floor area) built in October 1992, with four 1K units, all occupied. Expected annual rent is 2.052 million yen, for a gross yield of 6.61%. The land is 119.00 m² (registered), freehold, in a Category 2 Medium-to-high-rise Exclusive Residential Zone with a 60% building coverage ratio and 150% floor area ratio, fronting a 3.90 m public road on the west. The price is 31 million yen.
For the road price, we counted the block roads of Kandaiji 1-chome across four sheets of the 2026 road price maps and used the most common value, 240,000 yen/m² (leasehold ratio D), as the representative value. The same road was 210,000 yen in 2024 and 225,000 yen in 2025, up about 14.3% over two years. Because the front road is narrower than 4 m, we deducted the setback to 2 m from the road center (estimated at about 0.55 m²) and used 118.45 m². The 34-year-old building is past its 22-year statutory useful life and is not included, so the land alone gives an assessed ratio of about 91.7%. Even at the lowest band in the chome, 230,000 yen/m², it is about 87.9%.
⚠️ The price is only slightly above the land valuation (about 28.43 million yen). The listing does not state whether a setback is required or its area; our setback estimate assumes a frontage of about 11 m. The lot number is not disclosed, and the site location is identified only to the chome. With no photos, the building condition and the site's height difference need to be confirmed on site or with the agent.
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
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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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