◍ Nerima Ward, Tokyo
1K House in Nerima
$514,839
PULSE SCORE
3/100
Caution
VS FAIR VALUE
-36%
Below estimate
EST. GROSS YIELD
1.84%
Gross, est.
LAND VALUE
$2,596/m²
-36% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$807,166
$686,091–$928,241
LISTED PRICE
$514,839
-36% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · 7 SIGNALS
How it scores
● Caution · 3/100
Price per m² vs Ward Median0/20
$9,565/m² — 97% above Nerima median $4,863/m² ✗✗
Station Walk Time7/15
15-min walk to station
Building Age2/15
Built 1979 — pre-1990, may have renovation value
Ownership Type0/15
Leasehold land (借地権) — bank financing very limited; land reverts at lease expiry ✗✗
Rebuild Permission4/10
Rebuild status unknown — verify with agent
Estimated Rental Yield0/15
Est. gross yield ~1.8% ($789/mo est.) · Low yield potential ✗
STR Zoning Potential5/10
STR potential — zoning estimated, verify with agent
Unlock yield estimates, STR guidance and full breakdown on Investor plan
Start free trial →PROPERTY FACTS
FLOOR
55.62 m²
LAND
198.34 m²
LAYOUT
1K
BUILT
1979
STRUCTURE
—
TITLE
Leasehold
🚉 Shin-Egota Station · 15 min walk
About this property
✦ AI summaryA 1K layout house offering 55.62 m² of floor space on a 198.34 m² plot, built in 1979, in Nerima, Tokyo. Located 15 min walk from Shin-Egota Station. Leasehold title with reduced entry cost relative to comparable freehold stock. Verify rebuilding conditions with a licensed agent. Well-suited to owner-occupiers and investors seeking a Tokyo residential foothold with strong long-term land value.
WARD MARKET CONTEXT
MARKET RANK
Top 95%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$2,596/m²-36%
Median $4,070/m²
STRUCTURE
$9,256/m²+147%
Median $3,742/m²
Area Guide · Nerima
✦ AI summaryNerima ward offers spacious homes at accessible price points along the Seibu Ikebukuro and Toei Oedo lines. Its suburban character, large plots, and manga/animation heritage attract families and creative professionals seeking more space than central wards can offer.
COMPARABLES
Similar nearby
MLIT Sale88%SOLD
$522,581
210m² · Q3 2023
MLIT Sale81%SOLD
$451,613
200m² · Q2 2024
MLIT Sale81%SOLD
$419,355
200m² · Q2 2023
53%$547,742
6DK · 124.76m²
53%$547,742
7DK · 124.76m²
49%$508,387
3LDK · 99.36m²
48%$509,677
2LDK · 55m²
46%$534,194
3LDK · 81.97m²
45%$489,032
1LDK · 115.09m²
ALL-IN COST
List Price$514,839
Acquisition Tax (~3%)$15,445
Registration (~2%)$10,297
Agent Fee (~3.3%)$16,990
Total All-in$557,570
RENTAL YIELD ESTIMATOR
Gross Yield4.81%
Annual Rent$24,774
$514,839
● Caution · 3/100
1 / 3Nerima Ward, Tokyo
1K House in Nerima
1K · 55.62m² · Built 1979
LISTED PRICE
$514,839
$2,596/m² land
PULSE SCORE
3/100
Caution
VS FAIR VALUE
-36%
Below estimate· Est. $807,166
EST. GROSS YIELD
1.84%
Gross, est.
LAND VALUE
$2,596/m²
-36% vs ward
Land est. $807,166
Land > asking price
About This Property
AI-generated summaryA 1K layout house offering 55.62 m² of floor space on a 198.34 m² plot, built in 1979, in Nerima, Tokyo. Located 15 min walk from Shin-Egota Station. Leasehold title with reduced entry cost relative to comparable freehold stock. Verify rebuilding conditions with a licensed agent. Well-suited to owner-occupiers and investors seeking a Tokyo residential foothold with strong long-term land value.
Area Guide · Nerima
AI-generated summaryNerima ward offers spacious homes at accessible price points along the Seibu Ikebukuro and Toei Oedo lines. Its suburban character, large plots, and manga/animation heritage attract families and creative professionals seeking more space than central wards can offer.
VALUATION · MLIT MARKET DATA
Is this a good deal?
FAIR VALUE ESTIMATE
$807,166
Range $686,091 – $928,241
LISTED PRICE
$514,839
-36% below fair value
BELOW MARKETFAIRABOVE MARKET
2967
COMPS USED
$4,070/m²
WARD MEDIAN
MLIT
DATA SOURCE
High
CONFIDENCE
PULSE SCORE · 7 SIGNALS
How it scores
⚠️
Leasehold Property (借地権) — Land ownership is not included. Bank financing is very limited.
Caution · 3/100
Caution <50Consider 50–69Strong 70+
Price per m² vs Ward Median0/20
$9,565/m² — 97% above Nerima median $4,863/m² ✗✗
Station Walk Time7/15
15-min walk to station
Building Age2/15
Built 1979 — pre-1990, may have renovation value
Ownership Type0/15
Leasehold land (借地権) — bank financing very limited; land reverts at lease expiry ✗✗
Rebuild Permission4/10
Rebuild status unknown — verify with agent
Estimated Rental Yield0/15
Est. gross yield ~1.8% ($789/mo est.) · Low yield potential ✗
STR Zoning Potential5/10
STR potential — zoning estimated, verify with agent
Unlock yield estimates, STR guidance and full breakdown on Investor plan
Start free trial →This score is algorithmic and does not constitute investment advice. Full methodology →
PROPERTY INTELLIGENCE
Ward market context
MARKET RANK
Top 95%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$2,596/m²-36%
Nerima median $4,070/m²
STRUCTURE VALUE
$9,256/m²+147%
Area median $3,742/m²
COMPARABLE PROPERTIES
Top 9 of 2 matches· incl. 3 MLIT sold
MLIT Recorded Sale88% MatchSOLD
$522,581
$522,581 · ¥38.6万/m²
早宮
—
210m²
1976
MLIT verified · Q3 2023
MLIT Recorded Sale81% MatchSOLD
$451,613
$451,613 · ¥35.0万/m²
関町北
—
200m²
1983
MLIT verified · Q2 2024
MLIT Recorded Sale81% MatchSOLD
$419,355
$419,355 · ¥32.5万/m²
高野台
—
200m²
1979
MLIT verified · Q2 2023
53% MatchACTIVE53% MatchACTIVE49% MatchACTIVE48% MatchACTIVE$509,677
$509,677
10.3 km
2LDK
55m²
2018
Not Available
46% MatchACTIVE45% MatchACTIVE9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
High · 2
Data
TokyoInvestor aggregates public listings and provides research estimates. Verify all details with licensed real estate professionals before purchasing. STR eligibility reflects ward-level guidance only — confirm with building management. Valuation scores are algorithmic estimates, not appraisals.