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Romulus 48174 Romulus
6071 Dexter Street
$80,800
● House - Off Market

6071 Dexter Street

Romulus, MI 48174
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,788 Ft²
$508
Est. Monthly
24.85%
Cap Rate

About This Property

Mostly all brick 2 story home, is set back from the road in a fenced in yard.  Property features generous sized rooms, upstairs bedroom has a huge closet, mini kitchen upstairs could be converted back into a huge bedroom.  Attic area, could be turned into a huge recreation room or huge bedroom with bathroom.  Main floor features an enclosed back porch with a fireplace.  Attached 2 car garage is connected to house via a large breeze way.
Unit Size
1,788 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$37
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MichRIC MLS #24006345)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Feb 6, 2024 Listed by Willingham Real Estate $66,000
Listed by Willingham Real Estate
Sep 12, 2023 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,788
  • Building Area: 1,788
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,788
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ROMULUS URBAN RENEWAL 1
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: 04G303 LOT 303 ROMULUS URBAN RENEWAL PLAT NO 1 T3S R9E L100 P39 TO 44 WCR

Neighborhood

  • School District Name: Romulus Community Schools
  • School Tax School District: ROMULUS
  • Census Tract: 585600

Zoning

  • Zoning: R1B-S.F

Geography

  • Assessors Map Reference: MAPS 14 09 11
  • District: 80
  • Section: 02
  • Parcel: 80 013 02 0303 000
  • Lot: 303
  • Municipality: ROMULUS CITY
  • Latitude: 42.2635
  • Longitude: -83.3804

    Address

  • Full Address: 6071 Dexter St
  • Address - House Number: 6071
  • Address - Street Name: Dexter
  • Address - Suffix Type: St
  • State: MI
  • City Name: Romulus
  • Carrier Code: C071
  • 4-Digit Zip Code: 1827
  • Zip Code: 48174

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $185,010
  • Tax Rate Code Area: 82130

    Appraisal Valuation

  • Standard Deviation: 0.133
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 63,964
  • High Value: 72,474
  • Low Value: 55,455

    Market Valuation

  • Market Total Value: $125,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $62,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 31, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 240293
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Romulus

Stats & Trends

Median Asking:

$220,000

Sale Price/ft²

$163

Above Asking

0.00%

Average Days on Market

55

Average Home Size

1341 ft²

Average Home Age

45.2 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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MichRIC

Listed by: Francine Willingham, Willingham Real Estate
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 24006345
Information is deemed reliable but not guaranteed. Copyright 2026 MichRIC, LLC. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 6071 Dexter Street built and last sold?
The property at 6071 Dexter Street was built in 1951 and last sold on Aug 31, 2023 for $155,629.
How much is this home worth?
The estimated value of the home located at 6071 Dexter Street is $0.
What are some comparable homes to 6071 Dexter Street?
There are currently no comparable homes to 6071 Dexter Street.
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