◍ Nerima Ward, Tokyo
2K House in Nerima
$37,419
✓ Freehold
PULSE SCORE
53/100
Consider
VS FAIR VALUE
-85%
Below estimate
EST. GROSS YIELD
10.53%
Gross, est.
LAND VALUE
$600/m²
-85% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$253,903
$215,817–$291,988
LISTED PRICE
$37,419
-85% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · 7 SIGNALS
How it scores
● Consider · 53/100
Price per m² vs Ward Median20/20
$1,671/m² — 66% below Nerima median $4,863/m² ✓✓
Station Walk Time7/15
13-min walk to station
Building Age2/15
Built 1959 — pre-1990, may have renovation value
Ownership Type15/15
Freehold ownership — full title, no ground lease ✓
Rebuild Permission4/10
Rebuild status unknown — verify with agent
Estimated Rental Yield15/15
Est. gross yield ~10.5% ($328/mo est.) · Strong 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
23.14 m²
LAND
62.39 m²
LAYOUT
2K
BUILT
1959
STRUCTURE
—
TITLE
Freehold
🚉 Heiwadai Station · 13 min walk
About this property
✦ AI summaryA 2K layout house offering 23.14 m² of floor space on a 62.39 m² plot, built in 1959, in Nerima, Tokyo. Located 13 min walk from Heiwadai Station. Freehold title with full ownership rights and no ground lease obligations. 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 22%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$600/m²-85%
Median $4,070/m²
STRUCTURE
$1,617/m²-57%
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 Sale84%SOLD
$36,129
60m² · Q3 2024
MLIT Sale71%SOLD
$38,065
70m² · Q1 2023
MLIT Sale68%SOLD
$32,258
55m² · Q3 2023
50%$89,032
3DK · 30.04m²
47%$147,097
2K · 23.12m²
44%$190,323
2DKK · 52.02m²
44%$58,065
3DK · 59.13m²
44%$63,226
3K · 53.12m²
40%$63,226
3K · 40.56m²
ALL-IN COST
List Price$37,419
Acquisition Tax (~3%)$1,123
Registration (~2%)$748
Agent Fee (~3.3%)$1,235
Total All-in$40,525
RENTAL YIELD ESTIMATOR
Gross Yield4.14%
Annual Rent$1,548
$37,419
● Consider · 53/100
Freehold1 / 1Nerima Ward, Tokyo
2K House in Nerima
2K · 23.14m² · Built 1959
LISTED PRICE
$37,419
$600/m² land
PULSE SCORE
53/100
Consider
VS FAIR VALUE
-85%
Below estimate· Est. $253,903
EST. GROSS YIELD
10.53%
Gross, est.
LAND VALUE
$600/m²
-85% vs ward
Land est. $253,903
Land > asking price
About This Property
AI-generated summaryA 2K layout house offering 23.14 m² of floor space on a 62.39 m² plot, built in 1959, in Nerima, Tokyo. Located 13 min walk from Heiwadai Station. Freehold title with full ownership rights and no ground lease obligations. 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
$253,903
Range $215,817 – $291,988
LISTED PRICE
$37,419
-85% 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
Consider · 53/100
Caution <50Consider 50–69Strong 70+
Price per m² vs Ward Median20/20
$1,671/m² — 66% below Nerima median $4,863/m² ✓✓
Station Walk Time7/15
13-min walk to station
Building Age2/15
Built 1959 — pre-1990, may have renovation value
Ownership Type15/15
Freehold ownership — full title, no ground lease ✓
Rebuild Permission4/10
Rebuild status unknown — verify with agent
Estimated Rental Yield15/15
Est. gross yield ~10.5% ($328/mo est.) · Strong 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 22%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$600/m²-85%
Nerima median $4,070/m²
STRUCTURE VALUE
$1,617/m²-57%
Area median $3,742/m²
COMPARABLE PROPERTIES
Top 9 of 1 matches· incl. 3 MLIT sold
MLIT Recorded Sale84% MatchSOLD
$36,129
$36,129 · ¥9.3万/m²
大泉学園町
—
60m²
1965
MLIT verified · Q3 2024
MLIT Recorded Sale71% MatchSOLD
$38,065
$38,065 · ¥8.4万/m²
早宮
—
70m²
1977
MLIT verified · Q1 2023
MLIT Recorded Sale68% MatchSOLD
$32,258
$32,258 · ¥9.1万/m²
田柄
—
55m²
1963
MLIT verified · Q3 2023
50% MatchACTIVE47% MatchACTIVE44% MatchACTIVE44% MatchACTIVE44% MatchACTIVE40% MatchACTIVE8 Drops
Price Drops
938 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
High · 1
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.