Overview of Maikyassuru Takahatafudou (マイキャッスル高幡不動)
Maikyassuru Takahatafudou (マイキャッスル高幡不動) is a 27-year-old condominium located at Hinoshi Hodokubo 895 (日野市程久保895), Tokyo, Japan. Built in 1999, it comprises 77 units in a Reinforced Concrete (RC) structure. It was constructed by Yamada Kensetsu (山田建設).
Pricing & Floor Plans
Based on 64 past listings, prices have ranged from 1,270〜3,180万円 (approx. $84,667–$212,000 USD at ¥150/$).
Unit sizes range from 59.3–85.9 sqm (638–925 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥41.9万/sqm (approx. $2,790/sqm or $259/sqft).
Location & Neighborhood
The property is located at Hinoshi Hodokubo 895 (日野市程久保895), Tokyo, Japan. It is a 20-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 77 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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