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Salem 01970 South Salem
21 Bertuccio Ave
$351,000
● House - Off Market

21 Bertuccio Ave

Salem, MA 01970
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$470,598
RealtyHop Estimate
43.04%
Since Feb 1, 2020
MA-Boston
Primary Model

About This Property

Nice ranch in Historic Salem conveniently located not far from commuter rail, Salem State University, Medical Center. Minutes away from fine dining, pubs, boutiques and cultural destinations. Good size living room with bay window and fireplace.in living room.  Dead end street .  Master bedroom generous with two closets. Hardwood floors and very large basement the same size as the house.  License to sell needed home being sold as is as seen  . Offers if any due by 5 pm Tuesday
Unit Size
1,040 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$316
Property Type
House
Property Taxes
$369
HOA Dues
-
Year Built
1956

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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: 4 months ago (MLSPIN #72596811)

Price History

Date / Event Date Event Price
Jan 13, 2020 Sold
Premium
Sold
Nov 28, 2019 Listed by LAER Realty Partners $329,000
Listed by LAER Realty Partners

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,040
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,979
  • Total Building Area: 1,040
  • Gross Building Area: 2,080
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000114
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Salem School District
  • School Tax School District: SALEM SD
  • Census Tract: 204701

Zoning

  • Zoning: R1

Geography

  • Parcel: SALE M:24 L:0099
  • Lot: 99
  • Municipality: SALEM
  • Latitude: 42.512
  • Longitude: -70.9022

    Address

  • Full Address: 21 Bertuccio Ave
  • Address - House Number: 21
  • Address - Street Name: Bertuccio
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Salem
  • Carrier Code: C037
  • 4-Digit Zip Code: 2931
  • Zip Code: 01970

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $523,700

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 500,206
  • High Value: 592,438
  • Low Value: 407,974

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $450,700
  • Assessed Land Value: $176,900
  • Assessed Improvements Value: $273,800

    Sales

  • Current Sale Contract Date: Jan 13, 2020
  • Current Sale Recording Date: Jan 13, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 20200113002440
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 South Salem

Stats & Trends

Median Asking:

$619,000

Sale Price/ft²

$370

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2194 ft²

Average Home Age

88.2 years

Currently For Sale

46 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

Unit for rent at 160 Federal St, Salem, MA, 01970

$1,725 /mo

  • 1 Bed
  • 1 Bath
160 Federal St, Salem, MA, 01970 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 72596811

Frequently Asked Questions

When was property at 21 Bertuccio Avenue built and last sold?
The property at 21 Bertuccio Avenue was built in 1956 and last sold on Jan 13, 2020 for $351,000.
How much is this home worth?
The estimated value of the home located at 21 Bertuccio Avenue is $338,587.
What are some comparable homes to 21 Bertuccio Avenue?
There are currently no comparable homes to 21 Bertuccio Avenue.
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