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About the Listing SPH22 - 123027
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.
Listing Highlights for 231 Hill Rise
Status
Active
Days on Site
0
Property Type
Residential
MLS ®
931492
Year Built
1970
Total Square Footage
1,008
Lot/Acreage
0.02
County
Suffolk County
Neighborhood
Calverton Hills
HOA Dues
350/Monthly
School District
Riverhead
Elementary School
Phillips Avenue School
Middle School
Riverhead Middle School
High School
Riverhead Senior High School
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full / 1 Half
- Appliances: Electric Water Heater
- Air Cond: Central Air
- Heating: Electric,Forced Air
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Formal Dining,Galley Type Kitchen
- Water: Public
Exterior Details
- Lot Description: No Waterfront
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Shared Septic
- Parking Features: Assigned,Parking Lot
Financial Details
- Tax Amount: $2,465
- Taxes w/Assessments: N/A
- Tax/Property ID: 0200-357-00-03-00-036-000
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
231 Hill Rise Calverton, NY 11933
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