24 Bertuccio Avenue
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 27, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 12, 2025 | Listed by eXp Realty | $849,999 | |
| Listed by eXp Realty | |||
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Welcome to 24 Bertuccio Ave, on a quiet dead-end street! This beautifully renovated home offers the perfect blend of style, comfort, and endless possibilities. Featuring a stunning open-concept layout, brand-new kitchen with high-end finishes including a beverage/ wine fridge, & gleaming hardwood floors throughout, every detail has been thoughtfully designed to impress. 5 bedrooms, 3 baths & 2 kitchens in total, the possibilities are endless. First level has 2 bdrms & Full bath while the second level hosts two bdrms including the master & another full bath. This thoughtfully curated home has two Washer & Dryer hook-ups. All systems are entirely new- from electrical & plumbing to heating & cooling- providing peace of mind & efficiency for yrs to come. ADU potential: lower level additional living space with full kitchen, living room, 1 bdrm, & full bath. Ideal for multi-gen living/ rental income. Minutes from historic Downtown Salem, shops, dining, & top-rated schools.
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| Oct 29, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Listed by J. Barrett & Company | $499,000 | |
| Listed by J. Barrett & Company | |||
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Discover the potential of this Cape-style home, situated on a serene dead-end street in Salem. Featuring a practical layout, the first floor includes two bedrooms and a full bath, while the second floor offers two additional spacious bedrooms and another full bath. The home boasts a spacious eat-in kitchen, perfect for family meals and gatherings, as well as an enclosed porch that adds extra space to relax. Enjoy the fireplace in the sunny, spacious living room. Additionally, the unfinished basement offers exciting potential with its high ceilings and walk-out door, providing an opportunity to create additional living space or a functional workshop. While the property is in need of some work, it presents a fantastic opportunity. Convenient to Collins Middle School, Bertram athletic field and Salem Hospital, while still being close to Salem’s vibrant amenities. Property is being sold in as-is condition. Any offers due by Tuesday 9/24 at 10 AM.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017