$315,000 - 231 Hill Rise, Calverton, NY 11933｜MLS # 931492
| MLS # | 931492 |
| Details | 2 bed, 1 bath, 1 half bath, AC, Lot Size: 0.02 acres, Interior: 1008 ft2, 94m2 (DOM): 109 days |
| Construction Year | 1970 |
| Maintenance Fees | $350 |
| Taxes (per year) | $2,465 |
| Fuel Type | Electric |
| Heat type | Hot air |
| Air Conditioning | Central Air |
| Basement | None |
| LIRR | 4 miles: "Riverhead" |
| 5.5 miles: "Speonk" | |
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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.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Listing courtesy of Signature Premier Properties © 2026
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