Overview of Neokaasa・ Oosone (ネオカーサ・大曽根)
Neokaasa・ Oosone (ネオカーサ・大曽根) is a 42-year-old condominium located at Nagoyashi Higashiku Yada 2 Choume 4-14 (名古屋市東区矢田2丁目4-14), Aichi, Japan. Built in 1984, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Yamato Kenchiku Sekkei Kanri (大和建築設計監理).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 680〜2,380万円 (approx. $45,333–$158,667 USD at ¥150/$).
Unit sizes range from 50.9–62.2 sqm (548–670 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1SDK (1-bedroom w/ dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 1R (Studio).
Location & Neighborhood
The property is located at Nagoyashi Higashiku Yada 2 Choume 4-14 (名古屋市東区矢田2丁目4-14), Aichi, Japan. It is a 5-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 42 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.
Analyze this property's fair price and negotiation room for free at RE:public.