◍ Nerima Ward, Tokyo
4LDK House in Nerima
$256,774
PULSE SCORE
33/100
Caution
VS FAIR VALUE
-72%
Below estimate
EST. GROSS YIELD
11.01%
Gross, est.
LAND VALUE
$1,139/m²
-72% vs ward
VALUATION · MLIT DATA
Is this a good deal?
FAIR VALUE EST.
$917,452
$779,834–$1,055,070
LISTED PRICE
$256,774
-72% below
BELOWFAIRABOVE
PRICE HISTORY
No price changes since listing.
PULSE SCORE · 7 SIGNALS
How it scores
● Caution · 33/100
Price per m² vs Ward Median20/20
$1,599/m² — 67% below Nerima median $4,863/m² ✓✓
Station Walk Time0/15
24-min walk to station — far from transit ✗
Building Age4/15
Built 1999 — older building, verify condition
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 Yield15/15
Est. gross yield ~11.0% ($2,356/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
165.96 m²
LAND
225.44 m²
LAYOUT
4LDK
BUILT
1999
STRUCTURE
—
TITLE
Leasehold
🚉 Shakujii-Koen Station · 24 min walk
About this property
✦ AI summaryA 4LDK layout house offering 165.96 m² of floor space on a 225.44 m² plot, built in 1999, in Nerima, Tokyo. Located 24 min walk from Shakujii-Koen 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 21%
vs Nerima
FLEXIBILITY
Medium
From price positioning
LAND ECON.
$1,139/m²-72%
Median $4,070/m²
STRUCTURE
$1,547/m²-59%
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 Sale74%SOLD
$264,516
140m² · Q3 2023
MLIT Sale67%SOLD
$277,419
150m² · Q4 2023
MLIT Sale67%SOLD
$296,774
220m² · Q1 2023
62%$264,516
4DK · 112.4m²
60%$643,871
4LDK · 163.96m²
59%$1,193,548
4LDK · 167.49m²
55%$1,129,032
4LDK · 166.41m²
53%$230,968
4LDK · 162m²
52%$819,355
4DK · 161.54m²
ALL-IN COST
List Price$256,774
Acquisition Tax (~3%)$7,703
Registration (~2%)$5,135
Agent Fee (~3.3%)$8,474
Total All-in$278,086
RENTAL YIELD ESTIMATOR
Gross Yield4.82%
Annual Rent$12,387
$256,774
● Caution · 33/100
1 / 3Nerima Ward, Tokyo
4LDK House in Nerima
4LDK · 165.96m² · Built 1999
LISTED PRICE
$256,774
$1,139/m² land
PULSE SCORE
33/100
Caution
VS FAIR VALUE
-72%
Below estimate· Est. $917,452
EST. GROSS YIELD
11.01%
Gross, est.
LAND VALUE
$1,139/m²
-72% vs ward
Land est. $917,452
Land > asking price
About This Property
AI-generated summaryA 4LDK layout house offering 165.96 m² of floor space on a 225.44 m² plot, built in 1999, in Nerima, Tokyo. Located 24 min walk from Shakujii-Koen 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
$917,452
Range $779,834 – $1,055,070
LISTED PRICE
$256,774
-72% 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 · 33/100
Caution <50Consider 50–69Strong 70+
Price per m² vs Ward Median20/20
$1,599/m² — 67% below Nerima median $4,863/m² ✓✓
Station Walk Time0/15
24-min walk to station — far from transit ✗
Building Age4/15
Built 1999 — older building, verify condition
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 Yield15/15
Est. gross yield ~11.0% ($2,356/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 21%
vs Nerima listings
FLEXIBILITY
Medium
Estimated from price positioning
LAND ECONOMICS
$1,139/m²-72%
Nerima median $4,070/m²
STRUCTURE VALUE
$1,547/m²-59%
Area median $3,742/m²
COMPARABLE PROPERTIES
Top 9 of 9 matches· incl. 3 MLIT sold
MLIT Recorded Sale74% MatchSOLD
$264,516
$264,516 · ¥29.3万/m²
高松
—
140m²
1997
MLIT verified · Q3 2023
MLIT Recorded Sale67% MatchSOLD
$277,419
$277,419 · ¥28.7万/m²
大泉町
—
150m²
2002
MLIT verified · Q4 2023
MLIT Recorded Sale67% MatchSOLD
$296,774
$296,774 · ¥20.9万/m²
三原台
—
220m²
1979
MLIT verified · Q1 2023
62% MatchACTIVE60% MatchACTIVE59% MatchACTIVE55% MatchACTIVE53% MatchACTIVE52% MatchACTIVE9 Drops
Price Drops
1005 New
Last 30 Days
6 Rec
MLIT Sold · 2yr
High · 9
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.