Overview of Sezaaru Hakone Ke Saki (セザール箱根ヶ崎)
Sezaaru Hakone Ke Saki (セザール箱根ヶ崎) is a 39-year-old condominium located at Nishitama Gun Mizuho Machi Hakone Ke Saki 152-1 (西多摩郡瑞穂町箱根ケ崎152-1), Tokyo, Japan. Built in 1987, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Musashi Kenchiku (武蔵建築).
Pricing & Floor Plans
Based on 22 past listings, prices have ranged from 220〜1,590万円 (approx. $14,667–$106,000 USD at ¥150/$).
Unit sizes range from 19.6–43.6 sqm (211–469 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen), 3DK (3-bedroom w/ dining-kitchen).
Location & Neighborhood
The property is located at Nishitama Gun Mizuho Machi Hakone Ke Saki 152-1 (西多摩郡瑞穂町箱根ケ崎152-1), Tokyo, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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