Bidding Duration: August 13, 2009 to August 20, 2009
(Monthly rental fee = 100,000 JPY) x 12 / 8,000,000 JPY estimated winning bid amount) x 100 = 15%
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Nearest station from the foreclosed property:
Seibu ikebukuro line (西武池袋線), Oizumi gakuen station (大泉学園駅) - 2.2 Kilometers.
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Nearest station from the foreclosed property:
Seibu ikebukuro line (西武池袋線), Oizumi gakuen station (大泉学園駅) - 2.2 Kilometers.
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PROPERTY DETAILS:
Standard Clearance price: 7,032,000 JPY
PROPERTY DETAILS:
Standard Clearance price: 7,032,000 JPY
Category: House and lot
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FACTS ABOUT THIS PROPERTY:
The estimated winning bid amount for this property is 8,000,000 JPY. Currently, the owner is residing on this property. The possible monthly rental fee is 100,000 JPY. So, the projected yield would be around 15%.
However, because the market price is 20,000,000 JPY, winning bid amount might get higher if there are some interested investors who will bid for re-sale purposes.
This property is a bit far from train station exit but the place is popular for having a nice and quiet environment.
The lot area is 70 square meters and two (2) storey building with equal floor area of 37.67 square meters. The building was built on 1991.
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PICTURE
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