Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$315,000

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 231 Hill Rise

General

  • Price: $315,000
  • HOA FEE: $350/month
  • Taxes: $2,464
  • Status: Active
  • Type: Single Family
  • Source: Long_Island
  • MLS ID: 931492
  • Updated: 11/4/2025
  • Added to Site: 74 day(s) ago

Interior

  • Number of Rooms: 5
  • Interior Features: Formal Dining, Galley Type Kitchen
  • Appliances: Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Parking Features: Assigned, Parking Lot
  • Assigned Parking: Yes

Location

  • County: Suffolk County
  • Subdivision: Calverton Hills
  • Cross Streets: Toppings Path
  • Driving Directions: Toppings Path to Hill Rise

School Information

  • High School District: Riverhead
  • Elementary School: Phillips Avenue School
  • Middle School: Riverhead Middle School
  • High School: Riverhead Senior High School

Community

  • Association: Yes
  • Assoc. Fees Include: Sewer, Water

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Shared Septic
  • Water: Public
  • Utility Description: Electricity Available

Structural Information

  • Detached/Attached: Attached
  • Construction: Frame
  • Basement Desc.: None
  • Sq. Ft. Source: Public Records
  • Year Built: 1970

Lot Features

  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 871

Financial Considerations

  • Association Fee: Yes
  • Association Fee: $350
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,464.81

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 0200-357-00-03-00-036-000
  • Block: 3
  • Lot Number: 36

Listed by Signature Premier Properties

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 231 Hill Rise —

  • Signature Premier Properties

631-642-2300

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 231 Hill Rise

School District:Riverhead Central School District
NameGradesDistance
Pulaski Street Elementary School
300 Pulaski Street, Riverhead, NY 11901
5-64 mi
Riverhead Middle School
600 Harrison Avenue, Riverhead, NY 11901
7-83.9 mi
Riverhead Senior High School
700 Harrison Avenue, Riverhead, NY 11901
9-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 231 Hill Rise Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/04/2025
Listed
$315,000
17.98%
MLS
3/11/2024
Sold
$267,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 231 Hill Rise

Year
Property Taxes
Change
Tax Assessment
Change
2020
100%
$800
—
2022
-100%
$800
—
2016
$804
-64%
$800
—
2020
$2,263
2%
$800
—
2018
$2,214
2%
$800
—
2017
$2,169
-1%
$800
—
2016
$2,202
4%
$800
—
2015
$2,111
—
$800
—
2015
$2,112
—
$800
—
2014
$2,111
2%
$800
—
2013
$2,067
—
$800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 231 Hill Rise

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Listed by Signature Premier Properties

231 Hill Rise, Calverton, NY 11933 (MLS# 931492) is a Single Family property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 231 Hill Rise is currently listed for $315,000 and was received on November 04, 2025. Want to learn more about 231 Hill Rise? Do you have questions about finding other Single Family real estate for sale in Calverton? You can browse all Calverton real estate or contact a Coldwell Banker agent to request more information.

Tour this property