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Lenawee
6873 DRIGGS
$70,000
● House - Off Market

6873 DRIGGS

Palmyra, MI 49268
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,014 Ft²
$92,913
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

3 bedroom 1 bath home in a country setting. 1 car detached garage with work space. Car port out front. Large shed in back. Central air, kitchen with eat in kitchen space, appliance include refrigerator and stove. Ceiling fans. Paved driveway.
Unit Size
1,014 Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$59
Property Type
House
Property Taxes
$69
HOA Dues
-
Year Built
1959

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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 #21055269)

Price History

Date / Event Date Event Price
Mar 5, 2018 Sold
Premium
Sold
Jan 8, 2018 Listed by NCDG REALTY & PROPERTY MANAGE $60,000
Listed by NCDG REALTY & PROPERTY MANAGE
Jul 30, 2017 Listed by NCDG REALTY & PROPERTY MANAGE $72,900
Listed by NCDG REALTY & PROPERTY MANAGE
Jan 6, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 8
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 453
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,822
  • Total Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 1,014
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000478
  • Standard Land Use Code: 1001
  • County Land Use Code: 401
  • Legal Description 1: LD BEG 444.2 FT N 1^26'E AND 411.35 FT N 62^35'W FROM E 1/4 POST SEC 22 RUNN TH N 62^35'W 160 FT TH S 27^25'W 130 FT TH S

Neighborhood

  • School District Name: Blissfield Community Schools
  • School Tax School District: SCH: 46040
  • Census Tract: 061200

Geography

  • District: PA0
  • Section: 22
  • Parcel: PA0-122-2810-00
  • Municipality: PALMYRA TWP
  • Latitude: 41.8567
  • Longitude: -83.9257

    Address

  • Full Address: 6873 Driggs Rd
  • Address - House Number: 6873
  • Address - Street Name: Driggs
  • Address - Suffix Type: Rd
  • State: MI
  • City Name: Palmyra
  • Carrier Code: R061
  • 4-Digit Zip Code: 9739
  • Zip Code: 49268

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $44,374

    Appraisal Valuation

  • Standard Deviation: 0.2338
  • Valuation Date: Jul 14, 2022
  • Confidence Score: 67
  • Final Value: 122,277
  • High Value: 150,877
  • Low Value: 93,677

    Market Valuation

  • Market Total Value: $82,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 02, 2018
  • Current Sale Recording Date: Mar 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 06, 2015
  • Previous Sale Contract Date: Dec 31, 2014
  • Previous Sale Amount: $557,500
  • Previous Sale Document Type: 71
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 Lenawee

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$160

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1989 ft²

Average Home Age

67.8 years

Currently For Sale

86 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

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MichRIC

Listed by: JOHN W COLLIS, NCDG REALTY & PROPERTY MANAGE
Last Updated: 3 years ago
Data Source: MichRIC, MLS# 21055269
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 6873 Driggs Road built and last sold?
The property at 6873 Driggs Road was built in 1959 and last sold on Mar 2, 2018 for $70,000.
How much is this home worth?
The estimated value of the home located at 6873 Driggs Road is $0.
What are some comparable homes to 6873 Driggs Road?
There are currently no comparable homes to 6873 Driggs Road.
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