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231 Hill Rise, 
Calverton, NY 11933

$315,000

2

Beds

2

Baths

1,008

Sq Ft

Single Family

Active

Listed by

Keith M. Dawson Cbr

Signature Premier Properties

Last updated:

November 5, 2025, 12:47 PM

MLS#

931492

Source:

OneKey MLS

About This Home

231 Hill Rise

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.

Home Facts

Single Family

2 Baths

2 Bedrooms

Built in 1970

Price Summary

315,000

$312 per Sq. Ft.

MLS #:

931492

Last Updated:

November 5, 2025, 12:47 PM

Added:

2 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

1,008 Sq. Ft.

Structure

Structure

Building Area:

1,008 Sq. Ft.

Year Built:

1970

Lot

Lot Size (Sq. Ft):

871

Finances & Disclosures

Finances

Price:

$315,000

Price per Sq. Ft:

$312 per Sq. Ft.

Source:OneKey MLS
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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.