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Westland 48185 Westland
6338 Ferraina Drive
$299,500
● House - Off Market

6338 Ferraina Drive

Westland, MI 48185
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,688 Ft²
$2,066
Est. Monthly
$190
HOA / Fees
4.26%
Cap Rate

About This Property

Rare opportunity to own a 3 bedroom (2 primary suites) 3 full bath w/ 2 car garage condo just steps to schools, ice arena and shopping. This open floor plan features a great room with soaring vaulted ceiling, cozy wood-burning fireplace & flows seamlessly into the formal dining area, perfect for entertaining or that 12-foot holiday tree you've always wanted. Prefer outdoor entertaining? No problem. Private deck surrounded by nature awaits. Well-appointed kitchen, convenient main floor laundry, and full unfinished dry basement ready for your design ideas. Upgrades include all new plank flooring, epoxy garage floor, freshly painted, and all city inspections completed.
Unit Size
1,688 Ft²
Days on Market
27 days
Land Size
0.09 acres
Price per sqft
$180
Property Type
House
Property Taxes
$380
HOA Dues
$190
Year Built
1995

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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: 2 years ago (MichRIC MLS #25041155)

Price History

Date / Event Date Event Price
Sep 12, 2025 Sold
Premium
Sold
Aug 21, 2025 In contract -
In contract
Aug 14, 2025 Listed by The Charles Reinhart Company $304,500
Listed by The Charles Reinhart Company
Mar 14, 2012 Sold
Premium
Sold
Apr 8, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,334
  • Garage Type: 7
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,688
  • Building Area: 1,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,688
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTY CONDO SUB
  • Land Acres: 0000000090
  • Standard Land Use Code: 1004
  • County Land Use Code: 401
  • Legal Description 1: UNIT 2 WAYNE COUNTY CONDO SUB PLAN NO. 422 AKA WESTHAVEN ESTATES L28896 PP 379 - 455 WCR

Neighborhood

  • School District Name: Wayne-Westland Community School District
  • School Tax School District: WAYNE-WESTLAND
  • Census Tract: 567800

Geography

  • District: 56
  • Section: 07
  • Parcel: 56 035 07 0002 000
  • Lot: 0002
  • Municipality: WESTLAND CITY
  • Latitude: 42.3309
  • Longitude: -83.3836

    Address

  • Full Address: 6338 Ferraina Dr
  • Legal Unit: 2
  • Address - House Number: 6338
  • Address - Street Name: Ferraina
  • Address - Suffix Type: Dr
  • State: MI
  • City Name: Westland
  • Carrier Code: C048
  • 4-Digit Zip Code: 9620
  • Zip Code: 48185

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $358,838
  • Tax Rate Code Area: 82160

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 158,559
  • High Value: 230,947
  • Low Value: 86,170

    Market Valuation

  • Market Total Value: $226,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 29, 2012
  • Current Sale Recording Date: Mar 14, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 51
  • Current Sale Input Document Number: 2012060605
  • Previous Sale Recording Date: Apr 08, 2011
  • Previous Sale Contract Date: Mar 31, 2011
  • Previous Sale Amount: $150,898
  • Previous Sale Document Type: 64
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 Westland

Stats & Trends

Median Asking:

$218,900

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

43

Average Home Size

1325 ft²

Average Home Age

55.1 years

Currently For Sale

26 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: Carmen Knick, The Charles Reinhart Company
Last Updated: 2 years ago
Data Source: MichRIC, MLS# 25041155
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 6338 Ferraina Drive built and last sold?
The property at 6338 Ferraina Drive was built in 1995 and last sold on Feb 29, 2012 for $84,000.
How much is this home worth?
The estimated value of the home located at 6338 Ferraina Drive is $307,322.
What are some comparable homes to 6338 Ferraina Drive?
There are currently no comparable homes to 6338 Ferraina Drive.
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