231 Hill Rise new Save Request In-Person Tour Request Virtual Tour
Calverton,NY 11933
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,008 sqft
Price per Sqft $312
Subdivision Calverton Hills
MLS Listing ID 931492
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $350/mo
HOA Y/N Yes
Rental Info No
Year Built 1970
Annual Tax Amount $2,464
Lot Size 871 Sqft
Acres 0.02
Property Sub-Type Single Family Residence
Source onekey2
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.
Location
State NY
County Suffolk County
Rooms
Basement None
Interior
Interior Features Formal Dining,Galley Type Kitchen
Heating Electric,Forced Air
Cooling Central Air
Fireplace No
Appliance Electric Water Heater
Exterior
Parking Features Assigned,Parking Lot
Utilities Available Electricity Available
Garage false
Private Pool No
Building
Sewer Shared Septic
Water Public
Level or Stories Two
Structure Type Frame
Schools
Elementary Schools Phillips Avenue School
Middle Schools Riverhead Middle School
High Schools Riverhead
School District Riverhead
Others
Senior Community No
Special Listing Condition None