231 Hill Rise, Calverton, NY 11933

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$315,000 Active
2 Beds 1 Baths 1 Partial Bath 1,008 Sq Ft 0.02 Acres
Days on Site 120 Year Built 1970 Subdivision Calverton Hills School Riverhead MLS #931492
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Market Trends

$436K Average Sales Price
99 Average Days on Market
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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.

231 Hill Rise | MLS# 931492

This single family home located at 231 Hill Rise, Calverton, NY 11933 is currently listed for sale with an asking price of $315,000. This property was built in 1970 and has 2 bedrooms and 1 full and 1 partial baths with 1008 sq. ft. Hill Rise is located in the Calverton Hills subdivision within the Riverhead school district. Search Calverton Hills real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Heating: Electric, Forced Air
Lot Size: 0.02 Acres
Taxes: $2,464
Year Built: 1970

Amenities

Formal Dining
Galley Type Kitchen

Feature Descriptions

Appliances: Electric Water Heater
Association Fee: $350/Monthly
Association Fee Includes: Sewer, Water
Attic: Scuttle
Days on Site: 120
Exterior: Frame
Formal Dining: Yes
Number Of Kitchens: 1
On Market Date: 2025-11-04
Parcel Number: 0200-357-00-03-00-036-000
Parking Features: Assigned, Parking Lot
Patio And Porch: Deck
Property Attached Y/N: 1
Rental Term: Monthly
Rooms Total: 5
Sewer: Shared Septic
Utilities: Electricity Available
Water: Public

Local Schools

High School: Riverhead Senior High School
Middle School: Riverhead Middle School
Elementary School: Phillips Avenue School
School District: Riverhead
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231 Hill Rise, Calverton, NY 11933

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Estimated Payment

$ 998.26 per month $701.05 Principal & Interest $205.33 Property Tax $91.88 Homeowner's Insurance

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Listed By / Shown By

Listing By

Agency Name: Signature Premier Properties
Agency Contact: 631-642-2300

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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