+12 Photos

Add to Wishlist

Hidden Gemー4BR 2BA in Yotsuya 3-chome

4chome Yotsuya, Shinjuku-ku, Tokyo

Yotsuya 3-chome Station – 7mins walk

Akebonobashi Station – 6mins walk

Shinjuku Gyoen Station – 11mins walk

Shinjuku Station – 20mins walk

Sale price

¥46,800,000

Status

Vacant

Floor Area

59.61㎡

Bedrooms

Bathrooms

Property features

Eligible for Short-Term Rental Permit

Property Information

Unbelievable entry point despite its location―only 1.6km (≒1mile) from Shinjuku Station, the heart of Tokyo. Projected potential return: conservatively net 9%.

Flexible layout convertible between 2 × 2Bedroom units and 4 bedroom 2 bathroom house. According to market data, the average daily rate of a 2 bedroom unit in Shinjuku ward is 30K yen per night, and a 4 bedroom 2 bathroom unit 60K yen, both at 70-80% occupancy. Due to the road attachment of the land, this property can only apply for the “minpaku” license, however even at 180 nights accommodation and 3 months monthly rental, the annual returns project at least 9% net income.

Sale price

¥46,800,000

Bathrooms

Size

66.45㎡

Land rights

Freehold

Completion date

1982

Layout

4DK

Parking

Utilities

Electricity, Public Water/Gas/Sewer

Zoning

Category 1 Residential

BCR/FAR

160%

Road

2m wide private road

Land Category

Residential

Shared Rights

Private Road

Structure

Wooden

Loan calculator

Property Price (¥)

Down payment (¥)

Down payment (%)

Term (years)

Interest rate (%)

Monthly payment

¥0

Down payment (0%)	¥0
Commission (0%)	¥0
Estimated closing fees (0%)	¥0
TOTAL DUE AT CLOSE	¥0