Land for Sale in Midorigaoka 2, Sagamihara City
This is a plot of land located in Midorigaoka 2, Chuo Ward, Sagamihara City, Kanagawa Prefecture, offered for sale at 7.9 million yen. The land area is 59.66 square meters, with a private road contribution of 14 square meters. The building coverage ratio is 50 percent, and the floor area ratio is 100 percent. The land is classified as a residential lot and is situated in a first-class low-rise residential zone.
The property currently has an old house on it. There are no building conditions attached, meaning the buyer is free to choose their own builder. The land is also suitable for use as a rental property. The estimated monthly rental income is 68,000 yen, with an annual projected income of 816,000 yen, resulting in a gross yield of approximately 9.6 percent. Please note that this yield is not a guarantee of future returns.
The site is a well-shaped, regular plot located in a quiet, green residential area with good sunlight exposure. The surrounding area has light traffic. It is within a 10-minute walk to an elementary school. Utilities include public water supply, main sewer system, and individual LPG gas.
The property is accessible via the Kanagawa Chuo Kotsu bus, with the "Kamizato Danchi" bus stop being an 8-minute walk away. The nearest train stations are Kamizato Station on the JR Sagami Line, a 34-minute walk, and Banda Station on the same line, a 35-minute walk. The address is Midorigaoka 2, Chuo Ward, Sagamihara City, Kanagawa Prefecture. The land rights type is freehold. The transfer timing is negotiable.
