Overview of Aabankooto Kawasaki Nakahara (アーバンコート川崎中原)
Aabankooto Kawasaki Nakahara (アーバンコート川崎中原) is a 35-year-old condominium located at Kawasakishinakaharaku Ue Odanaka 6 Choume 52-20 (川崎市中原区上小田中6丁目52-20), Kanagawa, Japan. Built in 1991, it comprises 12 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hon Kensetsu (本建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 450〜840万円 (approx. $30,000–$56,000 USD at ¥150/$).
Unit sizes range from 14.1–17.0 sqm (152–183 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥53.7万/sqm (approx. $3,583/sqm or $333/sqft).
Location & Neighborhood
The property is located at Kawasakishinakaharaku Ue Odanaka 6 Choume 52-20 (川崎市中原区上小田中6丁目52-20), Kanagawa, Japan. It is a 7-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 35 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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