NY
Suffolk
Calverton
11933
231 Hill Rise
231 Hill Rise, Calverton, NY 11933
Share Listing
Listing Type
Single Family
Listing Status
active
14
$315,000

Home Details for 231 Hill Rise

Price
$315,000
Type
Residential
Bedrooms
2
Bathrooms
2.0
Square feet
1008
Year built
1970
Lot size acres
0.02
County
Suffolk
Total rooms
5
Garage
Basement
None
Days on site
0
MLS Listing#
931492
Hoa
350
Property Description

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.

Property Features
  • Heating Information
    • Electric
    • Forced Air
  • Parking
    • Assigned
    • Parking Lot
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Electricity Available
  • Basement
    • None
School Information
School Information for 231 Hill Rise, Calverton, NY 11933
Elementary School
Phillips Avenue School
Middle School
Riverhead Middle School
High School
Riverhead Senior High School
Listing Courtesy: Signature Premier Properties - 631-642-2300
Presented by: Keith M. Dawson CBR
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 OneKey MLS. All Rights Reserved
Fair Housing Notice
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from OneKey MLS.
EXIT REALTY LIBERTY
40 Peconic Ave, Riverhead, NY 11901
Office
631 445 4195
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