$315,000 ($312.50 per sqft)

Est. Mortgage $1,531/mo *

Quick Pre-Approval

231 Hill Rise, Calverton, NY, 11933

231 Hill Rise, Calverton, NY, 11933

5 rooms

2 beds

1 Full / 1 Half baths

1970

1,008 sqft

Turn-Key Investment Opportunity with Immediate Cash Flow! Attention investors: This tenant-occupied property is ready to start earning from day one. With a solid monthly rental income of $2,542—of which $2,541 is reliably direct-deposited through Section 8—this is a low-maintenance, high-consistency addition to your portfolio. Tenant covers the remaining $61 per month, and the property delivers a strong 7% cap rate. Whether you’re expanding your portfolio or securing your first rental, this income-producing asset offers built-in stability and immediate returns.


Status:

Active

Type:

Single-family residential

Subdivision:

Calverton Hills

Heating:

Electric, Forced Air

Cooling:

Central Air

Basement:

None

Parking:

Assigned, Parking Lot

Common Charge:

$350 Monthly

Acreage:

0.02

Est. Taxes:

$2,465

HOA Fee

$350

Construction

Frame

Utilities

Electricity Available

Elementary School:

Phillips Avenue School

Middle School:

Riverhead Middle School

High School:

Riverhead Senior High School

School District:

Riverhead

Days on Market:

3

Appliances:

Electric Water Heater

MLS #:

931492


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Signature Premier Properties 631-642-2300