231 Hill Rise

231 Hill Rise, Calverton, NY 11933

$315,000

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.

2
beds

2
baths

1,008 Sq.Ft. LIVING AREA

871 Sq.Ft. lot

Keith Dawson

title REALTOR®
PHONE (631) 879-2168
EMAIL [email protected]
DRE # 40DA1031482

Features & Amenities

Interior

total bedrooms2
Total bathrooms2
full bathroom1
half bathroom1
APPLIANCES Electric Water Heater
other interior Features Formal Dining, Galley Type Kitchen

Area & Lot

Status For Sale
Living Area1,008 Sq.Ft.
Lot Area871 Sq.Ft.
MLS® ID931492
TypeResidential
YEAR BUILT1970
Elementary SchoolPhillips Avenue School
Middle SchoolRiverhead Middle School
High SchoolRiverhead Senior High School
School DistrictRiverhead

Exterior

STORIES2
water SourcePublic
utilitiesElectricity Available
parkingAssigned, Parking Lot
HEAT TYPEElectric, Forced Air
AIR CONDITIONINGCentral Air
sewerShared Septic

Financial

Sales Price$315,000
Real Estate Tax $2,465/yr
HOA $350/mo

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